EL Help Needed

[swakpixel 10]

Hi There, I'm new to Traders Laboratory and a beginner to TS Easy Language. I appreciate any help and tips. I'm currently trying to write a strategy for MACD convergence divergence. Basically I want to look at the 5 bars prior to a cross down, choose the highest MACD value and the highest high and store those numbers somehow. Then compare those numbers to the previous time the MACD crossed down whose numbers have already been "stored".

I 'm pretty sure I can do the comparisons, I think I need to use a counter to reference the previous cross down, I think I need to declare values to store these numbers and I'm pretty sure I will need to use MRO to avoid the occasional cross up and cross down and cross back up every bar or two. Anyway, I'm way beyond my abilities of the EL boot camp and am willing to pay for a good EL consultant but I would really like to learn this as well.

Thanks much

[Tams 20]

if you make a USD$500 donation to this charity,

I can give you a hand.

 

Room to Read

Traders Laboratory & Room to Read Charity Program

[swakpixel 10]

Thanks Tam but I can't at this time.

[Tams 20]

Thanks Tam but I can't at this time.

 

no problem..........

[3monkeys 10]

Hi There, I'm new to Traders Laboratory and a beginner to TS Easy Language. I appreciate any help and tips. I'm currently trying to write a strategy for MACD convergence divergence. Basically I want to look at the 5 bars prior to a cross down, choose the highest MACD value and the highest high and store those numbers somehow. Then compare those numbers to the previous time the MACD crossed down whose numbers have already been "stored".

I 'm pretty sure I can do the comparisons, I think I need to use a counter to reference the previous cross down, I think I need to declare values to store these numbers and I'm pretty sure I will need to use MRO to avoid the occasional cross up and cross down and cross back up every bar or two. Anyway, I'm way beyond my abilities of the EL boot camp and am willing to pay for a good EL consultant but I would really like to learn this as well.

Thanks much

There are plenty of EL specialist for hire. Look in the TS forum to start.

 

If you are interested in a macd strategy, perhaps the thread:

A Leading MACD !

https://www.tradestation.com/Discussions/Topic.aspx?Topic_ID=22670

[BlowFish 10]

Stick with it and you should get there. Break it up into chunks - detect the cross, store values (you will need to store the new highs and shift the previous ones into a second set of variables). I don't think it is an EL issue but a how to approach the problem issue.

 

I am pretty sure (though may be mistaken) that there are already divergence indicators in the public domain. They will likely do what you require or at the very least you should learn a fair bit by studying them.

[aaa 10]

if you make a USD$500 donation to this charity,

I can give you a hand.

 

Room to Read

Traders Laboratory & Room to Read Charity Program

 

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Hi sir TAMS :ciao:

 

We give TAMS credit for his kindness + generosity.

 

He is an honour to this site

 

Have a nice sunny WE

 

aaa

 

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Edited May 1, 2010 by aaa