Moving Average on Lower Chart

Is it possible to create an indicator for the LOWER level that consists of bollinger band, RSI 14 & ema34 all combined into ONE indicator. Thanks for your assistance.
 

2laggy4life

New member
Combining 3 indicators:
Directional Movement Indicator (ADX, DX+, DX-)
On Balance Volume (with a Simple Moving Average 100 inside of it)

0AC9ob2.png

Where the DX+ and the DX- cross, AND the 100 SMA inside of the OBV crosses below and starts to turn up, that's where I want to make a scanner to look for those situations for long term trend entries.

The problem I have been facing is that the OBV is relative to the time frame and the amount of candles on screen, so look, zoomed out this far, the SMA still has a ways to go before it touches the OBV, as you can see:
afKTv3p.png

But the problem is that when I try using a scanner to look for these situations as I've stated, it triggers like every 5 minutes because as you can see, if I zoom into the chart, it looks like this:
Vvhosil.png

So the question I have is, is it possible to create a scanner where the number of candles on screen is taken into account so I don't get false readings like this?

The strategy works very well for trading when combined with Ichimoku and RSI, but it would be so good to be able to scan for these situations.

Any help would be appreciated
 
Combining 3 indicators:
Directional Movement Indicator (ADX, DX+, DX-)
On Balance Volume (with a Simple Moving Average 100 inside of it)

0AC9ob2.png

Where the DX+ and the DX- cross, AND the 100 SMA inside of the OBV crosses below and starts to turn up, that's where I want to make a scanner to look for those situations for long term trend entries.

The problem I have been facing is that the OBV is relative to the time frame and the amount of candles on screen, so look, zoomed out this far, the SMA still has a ways to go before it touches the OBV, as you can see:
afKTv3p.png

But the problem is that when I try using a scanner to look for these situations as I've stated, it triggers like every 5 minutes because as you can see, if I zoom into the chart, it looks like this:
Vvhosil.png

So the question I have is, is it possible to create a scanner where the number of candles on screen is taken into account so I don't get false readings like this?

The strategy works very well for trading when combined with Ichimoku and RSI, but it would be so good to be able to scan for these situations.

Any help would be appreciated
This is my problem with obv too!
 

tradebyday

Active member
@2laggy4life @spencepuppy That is a scaling issue, much like what @BenTen mentioned above. Your moving average on the lower chart with OBV is tied to the price data, not tied to the data of the OBV itself. You would have to code the moving average into the OBV code (with some small modifications to the code for the moving average) in order to tie the two together and stay consistent even when you zoom in
 

Grateful2Bhere

New member
New and I've been reading and reviewing previous interesting posts, Could and would you please post a DIMinus as a moving average? Or post the script of what line of thinking your were in when you posted your above reply? Thank you. As able and have a great day trading.
Grateful2Bhere
 
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