Ratio calculation using thinkscript

[Tos]

Hello All. Thank you for your time and interest in helping others.

I try to findout the % gain / loss after close crosses above hullmovingavg(close,200) till now.

I am getting an error "Only constants expected here: cnt CL function indexer of close at 2:25".

My code is as follows:

def cnt = if close > hullmovingavg(close,200) then 0 else cnt[1] + 1;
plot a= ((close / close[cnt])-1)*100;

Thank you again!!

 

[Svanoy]

@Tos
You can't use a variable in that context.
Change it to:

def cnt = if close > hullmovingavg(close,200) then 0 else cnt[1] + 1;
plot a= ((close / GetValue(close,cnt))-1)*100;

 

[Tos]

@Tos
You can't use a variable in that context.
Change it to:

def cnt = if close > hullmovingavg(close,200) then 0 else cnt[1] + 1;
plot a= ((close / GetValue(close,cnt))-1)*100;

Thank you!! Thank you!!

 

[halcyonguy]

Hello All. Thank you for your time and interest in helping others.

I try to findout the % gain / loss after close crosses above hullmovingavg(close,200) till now.

I am getting an error "Only constants expected here: cnt CL function indexer of close at 2:25".

My code is as follows:

def cnt = if close > hullmovingavg(close,200) then 0 else cnt[1] + 1;
plot a= ((close / close[cnt])-1)*100;

Thank you again!!

what svanoy said
and you will want to change the formula, from > to crosses above.
in your formula, the ratio is never above 0.

declare lower;

def hullavg = hullmovingavg(close,200);

def cnt = if close > hullavg then 0 else cnt[1] + 1;
#plot a= ((close / close[cnt])-1)*100;

plot a = ((close / getvalue(close, cnt)) - 1) *100;
a.SetDefaultColor(Color.yellow);

addlabel(1, "hull ratio " + a + "%", color.yellow);

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

def clscross = if close crosses above hullavg then close else clscross[1];

plot b = ((close - clscross) / close) * 100;
#b.SetStyle(Curve.MEDIUM_DASH);
b.SetDefaultColor(Color.cyan);
# b.setlineweight(1);
b.hidebubble();
#

 

[Tos]

Thank you again!!

How to count red candles after the crosses above. Thank you!!

 

[halcyonguy]

How to count red candles after the crosses above. Thank you!!

something like this,

def bn = barnumber();
def hullavg = hullmovingavg(close,200);

def clscross2 = if close crosses above hullavg then 1 else 0;

def redbar = (close < open);

# cnt red bars. reset when crossing
def redcnt = if bn == 1 then 0 else if clscross2 then redbar else if redbar then redcnt[1] + 1 else redcnt[1];

addlabel(1, " Red bars after a crossing " + redcnt, color.magenta);
#