MA, MACD etc cross indicator limit??

JP782

Active member
Is there a way to have an indicator only paint when a cross happens and the crossing lines (MA, EMA, MACD etc) by a certain percentage?
I want to eliminate the number of times the cross happens if it isnt solid in the direction price is going
 
without seeing your code, you can certainly do something like this:
Code:
input percent = 5;
def buy = x crosses above ( y + ( y * percent / 100 ) );
def sell = x crosses below ( y - ( y * percent / 100 ) );

-mashume
 
without seeing your code, you can certainly do something like this:
Code:
input percent = 5;
def buy = x crosses above ( y + ( y * percent / 100 ) );
def sell = x crosses below ( y - ( y * percent / 100 ) );

-mashume
I dont have any specific script, Im speaking in generality, for whatever type of cross ppl use to have indicator not go off mult times as it snakes along looking for direction

I DO NOT use charts like this. This is what I use when designing a chart to see where things are happening and am just posting it to show what Im talking abt how indicators can go off a lot almost on top of themselves sometimes those vertical lines wont even paint when something went off bc they happened on the same exact candle...
Example, SMA crossover I have for 5(black)&20(green) will go off a lot at times before the stock finally breaks up or down. So if its leaning a certain way thats when I want to know abt it

5Vnd10t.png
 

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