StockFetcher Forums · Filter Exchange · Creating Single Indicator<< >>Post Follow-up
hairyhead
12 posts
msg #98268
Ignore hairyhead
12/28/2010 3:43:36 PM

I am trying to create a single indicator by taking the average value of 3 different indicators. Is there a way to do this rather than graphing each indicator on the same plot. Thanks.


Set{mf, indposition(MFI(10), 20)*100}
Set{rs, indposition(RSI(2), 20)*100}
Set{cc, indposition(CCI(7), 20)*100}
Set{var1, mf+rs+cc}
Set{cusosc, var1 divided by 3}
Draw cusosc


four
5,087 posts
msg #98269
Ignore four
modified
12/28/2010 3:49:29 PM

Fetcher[Set{mf, indposition(MFI(10), 20)*100}
Set{rs, indposition(RSI(2), 20)*100}
Set{cc, indposition(CCI(7), 20)*100}
Set{var1, mf + rs}
set{var2, cc + var1}
Set{cusosc, var2 / 3}
Draw cusosc
]



hairyhead
12 posts
msg #98271
Ignore hairyhead
12/28/2010 4:41:04 PM

Four, thanks for the help.

wkloss
231 posts
msg #98281
Ignore wkloss
12/29/2010 12:35:26 AM

hairyhead

Looks like four came through again. How will you use this filter?

Bill

mystiq
650 posts
msg #98282
Ignore mystiq
modified
12/29/2010 12:53:55 AM

wkloss
msg #98281
- Ignore wkloss 12/29/2010 12:35:26 AM

hairyhead

Looks like four came through again. How will you use this filter?
Bill
-->thx 4 for the template
:the below settings alerts to oversold/undersold conditions above 75/below 25:

Fetcher[

Set{mf, indposition(MFI(20),20)*100}
Set{rs, indposition(StochRSI(20,4),20)*100}
Set{cc, indposition(CCI(20),20)*100}
Set{dd, indposition(Bollinger %B(20,2),20)*100}
Set{var1, mf + rs}
set{var2, cc + dd}
set{var3, var1 + var2}

Set{cusosc, var3 / 4}
Draw cusosc
volume > 10000000
add column cusosc

]



hairyhead
12 posts
msg #98288
Ignore hairyhead
12/29/2010 8:33:57 AM

Bill,

I'm looking for a filter that shows oversold or overbought conditions along with showing divergences between price and indicator. This is just a start as I plan to look at several indicators and timeframes.

StockFetcher Forums · Filter Exchange · Creating Single Indicator<< >>Post Follow-up

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