Simple Script

Hi all,

I am having a bit of a problem writting a simple script that will return the value of a moving average the first time it is below the low of the current price bar, I am thinking I should use a while loop to have it look back over the chart, could anyone point me in the right direction, or type out the code really quick.

Best Regards

Dale

Script or indicator? Sounds like you just want to know if the current bar is above a moving average or not...

Thankyou for your response.

I need a script, I need to know the value of the moving average the first time the low of the bar is above the moving average, this could be for the current bar or many bars back.

Good Trading


Dale

A script is only executed once, and EA is executing every tick. If the program you want will watch longer than once then you need an EA not a script. Please clarify.

I only need to program a script write now to exacute once.

Thankyou Dale

EAs are designed to initiate trades. If all you need is a running (off and on) tally of information that traces back multiple bars then you need an indicator.


First time or last time? Because first time could've been 10 years ago depending on the data you have, while last time will be the most recent but might not be the closest to the average.

Or do you just need an envelope detection? For instance when the low of the bar was within X pips above of a moving average?

Think thru your needs carefully, programming needs to be precise. This is why a lot of human-based tasks are easier done by people... just plotting a moving average, scroll back, and mousing-over the MA to get the number.

Hi Rabid

Thankyou again.

-I am not requesting help for a full EA or Indicator as would be an unfair request to the forum. I am not just a gleaner and will post information to help other learn programing, as I learn. I posted on this forum as it seems there are some people helping each other out here.

- I am hoping to learn to program a script to do a calculation that I may not always be able to do manually, One of the greatest challenges in trading is execution and we are not allways in control of circumstances surrounding us when we need to trade as we are trading in a 24 hour market. for example it is safer to to have the computer do this process for me when i am driving down the road, laptop online through an aircard and can not find a safe place to pull over.

Thankyou for pointing out I have not been precise on my request:
clarifications are in bold.

I need a script, I need to Display on the script value of the moving average the first time looking back on a chart from the current bar i.e. last time) the low of the Low[x] of is above the moving average[x], this could be for the current bar or many bars back.


I have been studying the language, I am pretty sure I need to use a while loop;

the following is how thinking about it right now:

double= returnvalueofmovingaverage

// if low[0] > moving average then returnvalueofmovingaverage = low[0]


Else begin
While
moving average[x] is <= low[x]

// loop is looking back and finds the that the loop condition is not true
so it stopslooking back (Low[x] is above Movingaverage[x])

// the value is then put into returnvalueofmovingaverage and
of moving average is displayed when the script is executed.



I hope this helps to clarify and leads to less confusion

Best regards.

Dale

Also please excuse typing errors, I only got 4 hours sleep

Thanx

Im sorry Dale, i still do not understand what you need. Graphics and chart would be nice to convey your ideas.

is attached

Hi Dale,

Didn't want to butt in on this one but looks like you are not getting much luck, unfortunatelyour image doesn't show for me, but I have put together what I think was what you were after.

I agree with some others that an indicator would actually be of more use as you can have input parameters to and it can update when a new high or low above or below the moving average happens, rather than having to manually place it each time with a script.

Anyhow that is not for me to decide, so find attached the same thing in to different formats, a script, and an indicator. To change whether it is looking at high or lows and the length of the moving average, you will need to go into the metaeditor and recompile (F5) for the script to update, for the indicator you can do it in the input parameters.

Best of luck.

Thankyou all

Seeing how the moving average was coded into the look helps me understand what to do to arrive at exactly what I need.

Thankyou all so much

Dale

Greetings akuma99,

Thankyou for you help understanding how to code the loop, I have been trying to understand how to add code to have the indicator or script also display the results of; (the high of the current bar - the value of the moving average that the loop finds), as you coded it. any hints??

Thankyou again.

Dale

I also trade using mosty price action

Ok I figured it out

Dale