MACD Drop lines

[FX989231]

Hello everybody

In the basic MACD study there is an option to add drop lines, but you can not add extra horizontal lines above and below the zero line.

I can create a new MACD study or edit one of the other studies to add lines above and below the zero line with the following lines added into the code

addBand(0, PS_DASH, 3, Color.black);
addBand(0.0015, PS_SOLID, 1, Color.black);
addBand(0.0030, PS_SOLID, 1, Color.black);
addBand(0.0045, PS_SOLID, 1, Color.black);
addBand(-0.0015, PS_SOLID, 1, Color.black);
addBand(-0.0030, PS_SOLID, 1, Color.black);
addBand(-0.0045, PS_SOLID, 1, Color.black);

My problem is that I do not know what command to add to get the Drop Lines to display in a new or edited study.

Can somebody help me out please?

Your help will be appreciated.

Regards

[eSignal_JasonK]

Hello Kobus,

The trick to creating drop lines is to return the series twice in the return statement. Set the plot type for the second instance in preMain() to PLOTTYPE_HISTOGRAM. The MACDColorHist.efs formula example from our library uses this method if you need a working code example.

[FX989231]

Jason

Thank you very much.

I tried to use the efs as is but it seems that it is set for Monthly intervals. I do not understand this since I do not see anthing in the efs that indicate that the interval is set to M

I attach an image to illustrate.

[FX989231]

Jason

I solved the problem: In lines 177 - 183 I changed the
toFixed(2)*1;
to
toFixed(4)*1;

Now it is displaying correctly.

Thank you again.

Regards

[eSignal_JasonK]

You're most welcome.