Lookback Easy Language Help

[lonew0lf 10]

Can anyone assist, i'm trying to include the ability on this indicator to look back over a longer period of time rather than just the previous bar. Ideally, I want to be able to set the lookback period anywhere from 1- 500 bars in order to ascertain the trend of the ADX based on the resolution of the chart:

 

{1.0 Inputs and Variables}

 

{1.1. Declaration of Inputs}

Inputs:

ADXLenght (14),

UpColor (cyan),

DnColor (magenta),

UnChngColor (white);

 

 

{1.2. Declaration of Variables}

variables:

var0 (0),

var1 (0),

var2 (0),

var3 (0),

var4 (0),

var5 (0);

 

{2.0. Start Code}

 

{2.1. Call ADX & DMI}

Value1 = DirMovement(High, Low, Close, ADXLenght, var0, var1, var2, var3, var4, var5);

 

{2.2. Check Slope and SetPlotColor}

 

if var3 > var3[1] then

SetPlotColor[1](3, UpColor)

else

if var3 < var3[1] then

SetPlotColor[1](3, DnColor)

else

SetPlotColor[1](3, UnChngColor);

 

 

{3.0. Plot Values}

Plot1(var0, "DMI+");

Plot2(var1, "DMI-");

Plot3(var3, "ADX");

[Charlton 10]

If I understand your requirement correctly then the code below will enable you to change the lookback period using input parameters. They are set as a default to a lookback period of 1, but you can change them at runtime to any value you wish by using format analysis techniques.

 

Furthermore you could make this a calculated variable. So for example you could include a statement such as

 

 

 

if datacompression = 1 then length = 50 else

if datacompression = 0 then length = 100 else length = 1;

 

This will change the lookback period according to the data compression chosen at run time, so in this example if the chart is intra-day then it uses a lookback period of 50, for a tick chart 100 and for everything else 1.

 

0 for tick, 1 for intra-day, 2 for dly, 3 for wkly, 4 for mnthly, 5 for P&&F

 

Charlton

 

{1.0 Inputs and Variables}

 

{1.1. Declaration of Inputs}

Inputs:

ADXLenght (14),

UpColor (cyan),

DnColor (magenta),

UnChngColor (white),

LENGTH(1);

 

 

{1.2. Declaration of Variables}

variables:

var0 (0),

var1 (0),

var2 (0),

var3 (0),

var4 (0),

var5 (0);

 

{2.0. Start Code}

 

{2.1. Call ADX & DMI}

Value1 = DirMovement(High, Low, Close, ADXLenght, var0, var1, var2, var3, var4, var5);

 

{2.2. Check Slope and SetPlotColor}

 

if var3 > var3[LENGTH] then

SetPlotColor[LENGTH](3, UpColor)

else

if var3 < var3[LENGTH] then

SetPlotColor[LENGTH](3, DnColor)

else

SetPlotColor[LENGTH](3, UnChngColor);

 

 

{3.0. Plot Values}

Plot1(var0, "DMI+");

Plot2(var1, "DMI-");

Plot3(var3, "ADX");