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Hi Graham,
In its 'current' form it is a trend indicator based on the MACD that
plots along the bottom of the pane. Green for an uptrend when the
MACD is above its Signal line, or red when it is below.
I wish to include it in the built 'Price' indicator, no problems
there.
I wish to include a further condition;
MA(C,5)<MA(MA(C,5),7)
so that either of the conditions would trigger the colour change.
Thats my problem.
I hope this clarifies the situation.
Thanks and Regds
Gerard
--- In amibroker@xxxxxxxxxxxxxxx, "Graham" <gkavanagh@xxxx> wrote:
Gerard, what are you trying to accomplish?
The plot gives me a plot with red and green areas.
Cheers,
Graham
http://groups.msn.com/ASXShareTrading
http://groups.msn.com/FMSAustralia
-----Original Message-----
From: Gerard Carey [mailto:gcfinance@x...]
Sent: Tuesday, 2 December 2003 10:49 AM
To: AB Yahoo group
Subject: [amibroker] What am I doing wrong here?
I'm trying to add the moving average condition, MA(C,5)<MA(MA
(C,5),7), to
the following formula.
>
> Plot(2.5,"ribbon", IIf( MACD()<Signal(), colorRed, colorGreen
> ),styleOwnScale|styleArea|styleNoLabel, -0.5, 100 );
>
> My efforts, one of which follows are so far to no avail. Plot
(2.5,"ribbon",
> IIf( MACD()<Signal() OR MA(C,5)<MA(MA(C,5),7), colorRed,
colorGreen),
> styleOwnScale|styleArea|styleNoLabel, -0.5, 100 );
>
> What am I doing wrong here?
> I'd appreciate any help
> Regds Gerard
>
> --
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