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Hi all,
I use 5 min chart and want to add buy
arrows to my chart which satisfy conditions involving two time frames, as
under:
1) Price crosses moving average line, on the
upside.in 5 min chart
2) CCI indicator is less than -50 in 30 min
chart.
I tried to make an indicator, but it is not giving
the correct result. While buy arrows are shown, they are not remaining
constant at the same place, They keep changing.
I give below the code : (My base chart is 5
minutes)
TimeFrameSet(1800);
//Timeframe set to 30 minutes
CCI30Min =
CCI (20);
// Calculation of 20 periods CCI value in 30 min time
frame
TimeFrameRestore();
AveragePrice = MA(Close, 50);
Buy = Cross(Close,
AveragePrice) AND CCI30Min < -50 * shapeUpArrow ;
Plot(C, "Price", colorBrightGreen,
styleCandle); // price
plot
PlotShapes(Buy, colorYellow, 0, Low,
-10);
// buy arrow plot
Can somebody be kind enough to correct the mistake
in the above codes.
Thanks for your time.
Regards
perumal
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