Help with a conditional AddLabel Command

[gram :)]

For starters, I'm a total novice at coding and have only used it a few times here and there so for all I know I'm just missing a basic mistake.

I'm trying to create an AddLabel indicator that labels a market condition based on 4 other indicators. There are three possible outputs based on 4 possible conditions. If 3/4 or 4/4 of the conditions are met, I want to display label 1. If 2/4 conditions are met, display label 2. If 2/4 or 0/4 are met then display label 3. I've done some research and this is the best I've gotten so far:

AddLabel(Yes, If (ChandeMomentumOscillator(“Length” = 20).”CMO" > 0 and MovAvgExponential("length" = 8). "AvgExp" > MovAvgExponential("length" = 21)."AvgExp" and ParabolicSAR(“Acceleration factor” = .02 , “Acceleration limit” = .2) < close and close > MovAvgExponential("length" = 21)) >=3 then "Label 1" else If (ChandeMomentumOscillator(“Length” = 20)."CMO" > 0 and MovAvgExponential("length" = 8)."AvgExp" > MovAvgExponential("length" = 21)."AvgExp" and ParabolicSAR(“Acceleration factor” = .02 , “Acceleration limit” = .2) < close and close > MovAvgExponential("length" = 21)) = 2 then "Label 2" else "Label 3")

I've tried this a few times I'm told "AddLabel has void return value and can't be used at 1:1". Any help is greatly appreciated and sorry if I'm totally missing a basic concept ;-;

 

[SleepyZ]

For starters, I'm a total novice at coding and have only used it a few times here and there so for all I know I'm just missing a basic mistake.

I'm trying to create an AddLabel indicator that labels a market condition based on 4 other indicators. There are three possible outputs based on 4 possible conditions. If 3/4 or 4/4 of the conditions are met, I want to display label 1. If 2/4 conditions are met, display label 2. If 2/4 or 0/4 are met then display label 3. I've done some research and this is the best I've gotten so far:

AddLabel(Yes, If (ChandeMomentumOscillator(“Length” = 20).”CMO" > 0 and MovAvgExponential("length" = 8). "AvgExp" > MovAvgExponential("length" = 21)."AvgExp" and ParabolicSAR(“Acceleration factor” = .02 , “Acceleration limit” = .2) < close and close > MovAvgExponential("length" = 21)) >=3 then "Label 1" else If (ChandeMomentumOscillator(“Length” = 20)."CMO" > 0 and MovAvgExponential("length" = 8)."AvgExp" > MovAvgExponential("length" = 21)."AvgExp" and ParabolicSAR(“Acceleration factor” = .02 , “Acceleration limit” = .2) < close and close > MovAvgExponential("length" = 21)) = 2 then "Label 2" else "Label 3")

I've tried this a few times I'm told "AddLabel has void return value and can't be used at 1:1". Any help is greatly appreciated and sorry if I'm totally missing a basic concept ;-;

See if this helps

def cond1 = ChandeMomentumOscillator(“Length” = 20).”CMO" > 0;
def cond2 = MovAvgExponential("length" = 8). "AvgExp" > MovAvgExponential("length" = 21)."AvgExp";
def cond3 = ParabolicSAR(“Acceleration factor” = .02 , “Acceleration limit” = .2) < close;
def cond4 = close > MovAvgExponential("length" = 21);
def cond  = cond1 + cond2 + cond3 + cond4;
AddLabel(yes,
if cond >= 3
then "Label 1"
else if cond >=2
then "Label 2"
else if cond == 2 or cond == 0
then "Label 3"
else "No Cond",
if cond >= 3
then color.green
else if cond >=2
then color.white
else if cond ==2 or cond==0
then color.red
else
color.gray);