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How to filter my signals with another indicator


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How to filter my signals with another indicator

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  #1 (permalink)
hyderabad
 
 
Posts: 13 since Oct 2012
Thanks: 1 given, 0 received

Hi,

I am using MACD for generating buy and sell calls. now i want to filter my signals with suppertrend indicator.
suppertrend indicator for UPTREND & DOWN TREND.

EX: i don't want to plot GREEN ARROW(BUY) in DOWN TREND
i don't want to plot RED ARROW (SELL) in UP TREND

this is my MACD code:

{
if(TSSuperTrend(7, TradingStudies.NinjaScript.Utility.MovingAverageType.HMA, 1.618, 7, TradingStudies.NinjaScript.Utility.SuperTrendMode.Adaptive).Trend[0]==true)

if(CrossAbove(dotSeries, BB_UpperBand,1)&&up)
{
{
Say(" There is a Buy Call in" +Instrument.FullName+"" );
over=true; // only say it once per bar
}

{
DrawArrowUp("up"+CurrentBar,false,0,Low[0]+2*TickSize,Color.Green);
}
up=true;
down=true;
}

}

{
if(TSSuperTrend(7, TradingStudies.NinjaScript.Utility.MovingAverageType.HMA, 1.618, 7, TradingStudies.NinjaScript.Utility.SuperTrendMode.Adaptive).Trend[0]==false)

if(CrossBelow(dotSeries, BB_LowerBand,1)&&down)
{
{
Say(" There is a Sell Call in " +Instrument.FullName+ "");
over=true; // only say it once per bar
}
{
DrawArrowDown("down"+CurrentBar,false,0,High[0]+2*TickSize,Color.Red);
}
up=true;
down=true;

}
}


I have problume with "&&up""&&down" Functions. i can't see my Arrows in correct place. because of "&&up".
EX:GREEN ARROWS waiting for RED ARROWS. please give me your valuable suggestions.

Thank You,
ParuchruiPhani.

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  #3 (permalink)
Mumbai, India
 
Experience: Intermediate
Platform: MT4, NT7,eSignal
Broker: AMP/CQG
Trading: Index,currencies
 
indiantrader's Avatar
 
Posts: 115 since Jul 2010
Thanks: 323 given, 150 received


Hi,
There is anaSupertrend indicator in downloads section which is better than the old TS supertrend...try it if you want to use it as a filter.

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Last Updated on March 26, 2013


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