Henry,
Thanks... I will take a closer look.
Rvalue
--- In [email protected], "Henry" <henry1224@...> wrote:
>
> here is a chart using the MACD BBands long only
>
> [IMG]http://i.imgur.com/0mcDx.gif[/IMG]
>
> --- In [email protected], "Henry" <henry1224@> wrote:
> >
> > A:=Mov(C,12,S)-Mov(C,26,S);
> > A2:=Mov(A,5,S);
> > BBT:=BBandTop(A2,10,S,1);
> > BBB:=BBandBot(A2,10,S,1);
> > Sys:=If(A>BBT,1,If(A<BBB,-1,0));
> > A;A2;BBT;BBB;Sys;
> >
> > --- In [email protected], "Henry" <henry1224@> wrote:
> > >
> > > A:=Mov(C,12,S)-Mov(C,26,S);
> > > A2:=Mov(A,5,S);
> > > BBT:=BBandTop(A2,10,S,1);
> > > BBB:=BBandBot(A2,10,S,1);
> > > 0;A;A2;BBT;BBB;
> > >
> > >
> > > --- In [email protected], "Rvalue1" <rvalue1@> wrote:
> > > >
> > > > Wonder if someone can publish a code for doing a standard macd with its
> > > > own Bollinger bands. Saw it on a thinkorswim platform forum discussion.
> > > > The idea is to go long when it pos out of the BB, neutral inside the
> > > > band. Much appreciated...
> > > >
> > > > Here is the code below:
> > > > # TS_MACD_BB
> > > > # By Eric Purdy, ThinkScripter LLC
> > > > # http://www.thinkscripter.com
> > > > # thinkscripter@
> > > > # Last Update 07 Feb 2011
> > > > declare lower;
> > > > input price = close;
> > > > input BBlength = 10;
> > > > input BBNum_Dev = 1.0;
> > > > input MACDfastLength = 12;
> > > > input MACDslowLength = 26;
> > > > input MACDLength = 5;
> > > > def MACD_Data = MACD(fastLength=MACDfastLength,
> > > > slowLength=MACDslowLength, MACDLength = MACDLength);
> > > > plot MACD_Dots = MACD_Data;
> > > > plot MACD_Line= MACD_Data;
> > > > plot BB_Upper = BollingerBandsSMA(price = MACD_Line, length=BBlength,
> > > > Num_Dev_Dn=-BBNum_Dev, Num_Dev_Up=BBNum_Dev).UpperBand;
> > > > plot BB_Lower = BollingerBandsSMA(price = MACD_Line, length=BBlength,
> > > > Num_Dev_Dn=-BBNum_Dev, Num_Dev_Up=BBNum_Dev).Lowerband;
> > > > plot BB_Midline = BollingerBandsSMA(price = MACD_Line, length=BBlength,
> > > > Num_Dev_Dn=-BBNum_Dev, Num_Dev_Up=BBNum_Dev).MidLine;
> > > > BB_Upper.SetDefaultColor(color.gray);
> > > > BB_Lower.SetDefaultColor(color.gray);
> > > > BB_MidLine.SetDefaultColor(color.gray);
> > > > BB_MidLine.setStyle(curve.SHORT_DASH);
> > > > MACD_Line.setDefaultColor(color.white);
> > > > MACD_Dots.setStyle(curve.POINTS);
> > > > MACD_Dots.setLineWeight(2);
> > > > MACD_Dots.assignValueColor(if MACD_Line>MACD_line[1] then color.green
> > > > else color.red);
> > > > plot zero = 0;
> > > > zero.assignValueColor(if MACD_line<0 then color.red else color.green);
> > > > zero.setLineWeight(2);
> > > > This entry was posted in Indicator and tagged Bollinger Bands, custom,
> > > > MACD, thinkscript. Bookmark the permalink.
> > > >
> > >
> >
>
