Using Output of Indicator for Input to another

January 16th, 2015, 06:12 PM

Does anybody have some code showing how to use the output from one indicator as input to another. I've done this with TOS but now trying to figure it out for multicharts power language. Specifically I want to put a bollingerband around ADX so I want to use the ADX value instead of "Close" for the bollingerband input. Here's what I have so far but it won't compile:

inputs:
Length ( 10 ),
NumDevsUp (.8 ),
NumDevsDn (-.8),
Displace ( 0 ),
LengthADX ( 15 );

variables:
var0( 0 ),
var1( 0 ) ;

var0 = ADX ( Length ) ;
var1 = BollingerPrice ( var0 ) ;

Plot[Displace] (var1, "BollADX") ;

ABCTG · January 17th, 2015, 05:39 AM

mrlucky1x,

with Multicharts you could simply use the Indicator on Indicator feature and do it without any programming by simply using the output from the ADX as price input for the Bollinger Bands indicator.
Study on study - MultiCharts

If you want to program it use the the Bollinger Band indicator as template and replace the Close with the value of the ADX.

Regards,
ABCTG

mrlucky1x

Does anybody have some code showing how to use the output from one indicator as input to another. I've done this with TOS but now trying to figure it out for multicharts power language. Specifically I want to put a bollingerband around ADX so I want to use the ADX value instead of "Close" for the bollingerband input. Here's what I have so far but it won't compile:

inputs:
Length ( 10 ),
NumDevsUp (.8 ),
NumDevsDn (-.8),
Displace ( 0 ),
LengthADX ( 15 );

variables:
var0( 0 ),
var1( 0 ) ;

var0 = ADX ( Length ) ;
var1 = BollingerPrice ( var0 ) ;

Plot[Displace] (var1, "BollADX") ;

Using Output of Indicator for Input to another

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Using Output of Indicator for Input to another