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Using Output of Indicator for Input to another


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 mrlucky1x 
WC, CA
 
Experience: Advanced
Platform: NT TOS
Posts: 19 since Dec 2009
Thanks Given: 3
Thanks Received: 13

Does anybody have some code showing how to use the output from one indicator as input to another. I've done this with TOS but now trying to figure it out for multicharts power language. Specifically I want to put a bollingerband around ADX so I want to use the ADX value instead of "Close" for the bollingerband input. Here's what I have so far but it won't compile:

inputs:
Length ( 10 ),
NumDevsUp (.8 ),
NumDevsDn (-.8),
Displace ( 0 ),
LengthADX ( 15 );

variables:
var0( 0 ),
var1( 0 ) ;

var0 = ADX ( Length ) ;
var1 = BollingerPrice ( var0 ) ;

Plot[Displace] (var1, "BollADX") ;


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  #2 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,447 since Apr 2013
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mrlucky1x,

with Multicharts you could simply use the Indicator on Indicator feature and do it without any programming by simply using the output from the ADX as price input for the Bollinger Bands indicator.
Study on study - MultiCharts

If you want to program it use the the Bollinger Band indicator as template and replace the Close with the value of the ADX.

Regards,
ABCTG


mrlucky1x View Post
Does anybody have some code showing how to use the output from one indicator as input to another. I've done this with TOS but now trying to figure it out for multicharts power language. Specifically I want to put a bollingerband around ADX so I want to use the ADX value instead of "Close" for the bollingerband input. Here's what I have so far but it won't compile:

inputs:
Length ( 10 ),
NumDevsUp (.8 ),
NumDevsDn (-.8),
Displace ( 0 ),
LengthADX ( 15 );

variables:
var0( 0 ),
var1( 0 ) ;

var0 = ADX ( Length ) ;
var1 = BollingerPrice ( var0 ) ;

Plot[Displace] (var1, "BollADX") ;


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