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theman

Need Help in Convert This MACD to Multichart

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Can someone please help me convert this so that it works with MultiChart 3.

 

Many thanks and kind regards

 

[LegacyColorValue = true]; 

//******************************************************//
//  MacdBB 12/24/07                                     //
//******************************************************//
//
// for "Chart_Offset" I use .0005 for EC and other 4 dec symbols.
// I use .5 for the ER2 and 1.00 for the ES, equities - expirament.
//
// Imagine this will work on Radar Screen, haven't tried it.  I
// would just use the "Plot_Chart" setting and see what happens.
//

inputs: 
   Price(Close),
FastLen( 12 ), 
SlowLen( 26 ), 
Length ( 10 ),
StDv( 1 ),
BB_Color_Up(Green),
BB_Color_Dn(Red),
Upper_Band_Color(Red),
Lower_Band_Color(Blue),
Zero_Color_Up(Blue),
   Zero_Color_Dn(Red),
Plot_Sub(True),
Plot_Chart(False),
Chart_Offset( 0 ),    { offset above and below for dots on chart }
Alert_Append(" ");    { will replace symbol in alert message     }

VARS:
BB_Macd(0),
Avg(0),
SDev(0),
Alert_Msg(" "),
Upper_Band(0),
Lower_Band(0),
BB_Color(Black),      {black is meaningless - just for initialize}
   Cross_Up(False),
Cross_Dn(False),
Zero_Color(yellow);   {yellow is meaningless - just for initialize}

//******************************************************//
//     Once only initialize the alert append.           //
//******************************************************//
Once  If Alert_Append = " " then Alert_Msg = Symbol else Alert_Msg = Alert_Append;

//******************************************************//
//     Main Calculations.                               //
//******************************************************//
BB_Macd = MACD( Price, FastLen, SlowLen ) * 100 ;

Avg  = XAverage( BB_Macd, Length);

SDev = StandardDev( BB_Macd, Length, 1);

Upper_Band = ( Avg + StDv * SDev );
Lower_Band = ( Avg - StDv * SDev );

//******************************************************//
//     Sub-Graph plot logic.                            //
//******************************************************//	
If Plot_Sub = True and Plot_Chart = False then begin

  If BB_Macd > BB_Macd[1] then BB_Color = BB_Color_Up else BB_Color = BB_Color_Dn;

  If Cross_Up = False then if BB_Macd > Upper_Band then begin
     Cross_Up = True;  
     Cross_Dn = False;  
     BB_Color = Cyan;	
  If CheckAlert then Alert( "BB cross up " + Alert_Msg );
     end;   

  If Cross_Dn = False then if BB_Macd < Lower_Band then begin
     Cross_Up = False;  
     Cross_Dn = True;  
     BB_Color = Yellow;
  If CheckAlert then Alert( "BB cross down " + Alert_Msg );
     end;

 If ( BB_Macd < 0 ) then Zero_Color = Zero_Color_Dn  else if
    ( BB_Macd > 0 ) then Zero_Color = Zero_Color_Up;

  Plot1( BB_Macd, "MACD Dots" ,BB_Color );	
  Plot2( Upper_Band, "Upper_Band", Upper_Band_Color );
  Plot3( Lower_Band, "Lower_Band", Lower_Band_Color );
  Plot4( 0, "Zero_Line", Zero_Color );

  end  

//******************************************************//
//     Main chart plot logic.                           //
//******************************************************//
else If Plot_Chart = True and Plot_Sub = False then begin

  If Cross_Up = False then if BB_Macd > Upper_Band then begin
     Cross_Up = True;  
     Cross_Dn = False;  
  Plot5( (Low - Chart_Offset) , "BB Chart", BB_Color_Up );
  If CheckAlert then Alert( "BB cross up " + Alert_Msg );
     end;  

  If Cross_Dn = False then if BB_Macd < Lower_Band then begin
     Cross_Up = False;  
     Cross_Dn = True;  
  Plot5( (High + Chart_Offset) , "BB Chart", BB_Color_Dn );
  If CheckAlert then Alert( "BB cross down " + Alert_Msg );
     end;

  end;	

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theman

 

I don't have Multicharts, but I'll try to help............... when you try to put your code into an indicator and verify it ........ what errors is it telling you ?

 

It might be something simple like the functions "MACD" or "StandardDev", as they might not be compatible with MC, but easily enough fixed.

 

Here's a code I got ( from the TS forums, I think) which is the same, but more streamlined in terms of code.

 

Give it a try and inform us of the errors so we can have a go at helping out.

 

Cheers

 

Blu-Ray

MACDBB.ELD

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