MACD and TTM Histogram count

[rvaidyamath]

Hello there

I need to get the count of the bar(s) when they have crossed the MACD histogram up or down to the current bar.

if current histogram is up in positive territory (above the zero line) for the last five consecutive times, i need the output to be 5
Help is much appreciated. - Raj

 

[halcyonguy]

Hello there

I need to get the count of the bar(s) when they have crossed the MACD histogram up or down to the current bar.

if current histogram is up in positive territory (above the zero line) for the last five consecutive times, i need the output to be 5
Help is much appreciated. - Raj

this counts the bars, restarting at 1, when the MACD histogram changes from plus to minus, or vice versa.

# macd_bar_cnt

#https://usethinkscript.com/threads/macd-and-ttm-histogram-count.17129/
#MACD and TTM Histogram count

# MACD
# TD Ameritrade IP Company, Inc. (c) 2007-2023

declare lower;

input fastLength = 12;
input slowLength = 26;
input MACDLength = 9;
input averageType = AverageType.EXPONENTIAL;
input showBreakoutSignals = no;

plot Value = MovingAverage(averageType, close, fastLength) - MovingAverage(averageType, close, slowLength);
plot Avg = MovingAverage(averageType, Value, MACDLength);

plot Diff = Value - Avg;
plot ZeroLine = 0;

plot UpSignal = if Diff crosses above ZeroLine then ZeroLine else Double.NaN;
plot DownSignal = if Diff crosses below ZeroLine then ZeroLine else Double.NaN;

UpSignal.SetHiding(!showBreakoutSignals);
DownSignal.SetHiding(!showBreakoutSignals);

Value.SetDefaultColor(GetColor(1));
Avg.SetDefaultColor(GetColor(8));
Diff.SetDefaultColor(GetColor(5));
Diff.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
Diff.SetLineWeight(3);
Diff.DefineColor("Positive and Up", Color.GREEN);
Diff.DefineColor("Positive and Down", Color.DARK_GREEN);
Diff.DefineColor("Negative and Down", Color.RED);
Diff.DefineColor("Negative and Up", Color.DARK_RED);
Diff.AssignValueColor(if Diff >= 0 then if Diff > Diff[1] then Diff.color("Positive and Up") else Diff.color("Positive and Down") else if Diff < Diff[1] then Diff.color("Negative and Down") else Diff.color("Negative and Up"));
ZeroLine.SetDefaultColor(GetColor(0));
UpSignal.SetDefaultColor(Color.UPTICK);
UpSignal.SetPaintingStrategy(PaintingStrategy.ARROW_UP);
DownSignal.SetDefaultColor(Color.DOWNTICK);
DownSignal.SetPaintingStrategy(PaintingStrategy.ARROW_DOWN);

#--------------------------------------

def na = double.nan;
def bn = barnumber();
def lastbn = HighestAll(If(IsNaN(close), 0, bn));
def lastbar = if (bn == lastbn) then 1 else 0;
#def lastbar = !isnan(close[0]) and isnan(close[-1]);

# if a signal crosses 0, multiplying before and after values, will be negative
#  else if (diff * diff[1]) < 0 then 1
def diffcnt = if bn == 1 then 1
 else if (diff * diff[1]) < 0 then 1
 else diffcnt[1] + 1;

addlabel(1, "bar count: " + diffcnt, color.yellow);

input count_bubble = yes;
addchartbubble(lastbar, diff*1.1,
diffcnt
, color.yellow, (if diff > 0 then 1 else 0));
#

 

[rvaidyamath]

this counts the bars, restarting at 1, when the MACD histogram changes from plus to minus, or vice versa.

# macd_bar_cnt

#https://usethinkscript.com/threads/macd-and-ttm-histogram-count.17129/
#MACD and TTM Histogram count

# MACD
# TD Ameritrade IP Company, Inc. (c) 2007-2023

declare lower;

input fastLength = 12;
input slowLength = 26;
input MACDLength = 9;
input averageType = AverageType.EXPONENTIAL;
input showBreakoutSignals = no;

plot Value = MovingAverage(averageType, close, fastLength) - MovingAverage(averageType, close, slowLength);
plot Avg = MovingAverage(averageType, Value, MACDLength);

plot Diff = Value - Avg;
plot ZeroLine = 0;

plot UpSignal = if Diff crosses above ZeroLine then ZeroLine else Double.NaN;
plot DownSignal = if Diff crosses below ZeroLine then ZeroLine else Double.NaN;

UpSignal.SetHiding(!showBreakoutSignals);
DownSignal.SetHiding(!showBreakoutSignals);

Value.SetDefaultColor(GetColor(1));
Avg.SetDefaultColor(GetColor(8));
Diff.SetDefaultColor(GetColor(5));
Diff.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
Diff.SetLineWeight(3);
Diff.DefineColor("Positive and Up", Color.GREEN);
Diff.DefineColor("Positive and Down", Color.DARK_GREEN);
Diff.DefineColor("Negative and Down", Color.RED);
Diff.DefineColor("Negative and Up", Color.DARK_RED);
Diff.AssignValueColor(if Diff >= 0 then if Diff > Diff[1] then Diff.color("Positive and Up") else Diff.color("Positive and Down") else if Diff < Diff[1] then Diff.color("Negative and Down") else Diff.color("Negative and Up"));
ZeroLine.SetDefaultColor(GetColor(0));
UpSignal.SetDefaultColor(Color.UPTICK);
UpSignal.SetPaintingStrategy(PaintingStrategy.ARROW_UP);
DownSignal.SetDefaultColor(Color.DOWNTICK);
DownSignal.SetPaintingStrategy(PaintingStrategy.ARROW_DOWN);

#--------------------------------------

def na = double.nan;
def bn = barnumber();
def lastbn = HighestAll(If(IsNaN(close), 0, bn));
def lastbar = if (bn == lastbn) then 1 else 0;
#def lastbar = !isnan(close[0]) and isnan(close[-1]);

# if a signal crosses 0, multiplying before and after values, will be negative
#  else if (diff * diff[1]) < 0 then 1
def diffcnt = if bn == 1 then 1
 else if (diff * diff[1]) < 0 then 1
 else diffcnt[1] + 1;

addlabel(1, "bar count: " + diffcnt, color.yellow);

input count_bubble = yes;
addchartbubble(lastbar, diff*1.1,
diffcnt
, color.yellow, (if diff > 0 then 1 else 0));
#

Excellent ; how do i do this check on TTM SQuueze indicator... other than MACD