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I need some help to write a Strategy that plots vertical lines into a chart. I wrote everything with the Strategy Wizard and it is working, surprise! Now I would like to add a condition and with that one I have a problem. I would like an EMA with slope, for example 20 degree = flat. Flat = no plot.
What is the parameter to write that?
Thanks a lot
michael
Can you help answer these questions from other members on NexusFi?
You couldn't really look at degrees for slope, because this would change based how zoomed in you were on the chart. You could add a plot, say myEMA was Plot[0].
Then add a variable for slope, say mySlope. mySlope would be ema value change over one bar.
Then
if(myEMA[0] - myEMA[1] <= mySlope && myEMA[0] - myEMA[1] >= -mySlope) PlotColors[0][0] = Color.Transparent;
else if(myEMA[0] - myEMA[1] > mySlope)PlotColors[0][0] = Color.Green;
else PlotColors[0][0] = Color.Red;