Draw Vertical Line for MACD crossover?

[JP782]

Im not having much luck with anyone answering any of the questions Ive been asking last couple weeks but Ill try again-

I want to have vertical lines drawn when the MACD crosses, I assumed the script would be similar to the one Im using..

def condM1CrossUndr0 = Value < 0 and Value > Avg;
Addlabel(condM1CrossUndr0, "M1”, Color.Green);

... to add a label when crossover happens: changing "addlabel" to "addverticalline" but of course not - clearly theres more to it, what am I missing?

 

[SleepyZ]

Im not having much luck with anyone answering any of the questions Ive been asking last couple weeks but Ill try again-

I want to have vertical lines drawn when the MACD crosses, I assumed the script would be similar to the one Im using..

def condM1CrossUndr0 = Value < 0 and Value > Avg;
Addlabel(condM1CrossUndr0, "M1”, Color.Green);

... to add a label when crossover happens: changing "addlabel" to "addverticalline" but of course not - clearly theres more to it, what am I missing?

The following script will work in the upper panel as well as the lower.

def condM1CrossUndr0 = reference macd().Value < 0 and reference macd().Value > reference
macd().Avg;
Addlabel(condM1CrossUndr0, "M1”, Color.Green);
addverticalLine(condM1CrossUndr0[1]==0 and condm1CrossUndr0,"",color.green);

 

[Nari2007]

anyway it can be coded where it gives a signal or label if not a vertical line,,, when macd cross and histogram are broth above or under the Zero Line? any assistance would be greatly appreciated

 

[SleepyZ]

anyway it can be coded where it gives a signal or label if not a vertical line,,, when macd cross and histogram are broth above or under the Zero Line? any assistance would be greatly appreciated

Input options to show or not: signals (arrows), alerts, verticallines, bubbles and/or labels.

#
# TD Ameritrade IP Company, Inc. (c) 2009-2022
#

input fastLength = 12;
input slowLength = 26;
input MACDLength = 9;
input averageType = AverageType.EXPONENTIAL;

def value = MACD(fastLength, slowLength, MACDLength, averageType);
def avg   = MACD(fastLength, slowLength, MACDLength, averageType).Avg;
def Diff  = MACD(fastLength, slowLength, MACDLength, averageType).Diff;

input signal = yes;
plot upsignal = if !signal then Double.NaN else value > 0 and Diff > 0 and value crosses avg;

upsignal.DefineColor("Negative to Positive", Color.GREEN);
upsignal.AssignValueColor(upsignal.Color("Negative to Positive"));
upsignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
upsignal.SetLineWeight(3);

plot dnsignal = if !signal then Double.NaN else value < 0 and Diff < 0 and value crosses avg;

dnsignal.DefineColor("Positive to Negative", Color.RED);
dnsignal.AssignValueColor(dnsignal.Color("Positive to Negative"));
dnsignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
dnsignal.SetLineWeight(3);

input label =  yes;
AddLabel(label, if upsignal then "(Cross and Histogram) > 0" else "(Cross and Histgram) < 0", if upsignal then Color.GREEN else Color.RED);

input bubbles = yes;
input bubbleoffset = 3;
addchartBubble(bubbles and (upsignal or dnsignal), if upsignal then low - ticksize() * bubbleoffset else high + ticksize() * bubbleoffset, if upsignal then "Up" else "Dn", if upsignal then color.green else color.red, if upsignal then no else yes);

input verticalline = yes;
AddVerticalLine(verticalline and upsignal, "", Color.GREEN, stroke = Curve.LONG_DASH);
AddVerticalLine(verticalline and dnsignal, "", Color.RED, stroke = Curve.LONG_DASH);

input alert = yes;
Alert(alert, if upsignal then "(Cross and Histogram) > 0" else "(Cross and Histgram) < 0", Alert.BAR, Sound.Chimes);

 

[Nari2007]

Input options to show or not: signals (arrows), alerts, verticallines, bubbles and/or labels.

WOW!! thank you soo much that was fast!!!

 

[Nari2007]

Input options to show or not: signals (arrows), alerts, verticallines, bubbles and/or labels.

maybe i need to try it when market is open,, the label seems to be staying as is,,, even when i switch TF and macd is over 0 line,

 

[SleepyZ]

maybe i need to try it when market is open,, the label seems to be staying as is,,, even when i switch TF and macd is over 0 line,

Try replacing the label code with this and the label will now only appear on the bar when a signal happens.

input label =  yes;
AddLabel(label and (upsignal or dnsignal), if upsignal then "(Cross and Histogram) > 0" else if dnsignal then "(Cross and Histgram) < 0" else "", if upsignal then Color.GREEN else Color.RED);