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I am building a strategy around the transition point from StepDown/StepUP using the StepMAv73. I have it built and it gives the right signal at times and at other times if seems to generate an entry that makes no sense to me. Can somebody take a look at this screen shot and see where my logic error is (I'm using the wizard and really dont want to unlock the code at this point as I am still fumbling my way through.)
Thanks in advance,
HJay
Can you help answer these questions from other members on NexusFi?
Without the code it's hard to say. But guessing I would say StepMA painted "up" on that bar, then re-painted it back to "down" on the next bar.
The easiest way to test for these things is to draw an arrow or something when it really changes by comparing the [1] bar value to [0] and if different, draw arrow.
Hjay,
all indicators with multicolor-functions are hard up to impossible to code strats with if you are not an experienced coder. Because they have multiple plots+values they work with + lots of them dont work in the coding-wizard at all.
hmm.. in the strategy builder RJay it doesnot appear to have the option of setting on bar close or not so I am not sure what it does by default.. still digging..
in example with StepMA :
StepDown gives out a different value then the one you see in the chart if its not plotted (if StepUp is active),
thats very confusing.
RJay is right, you should never use COBC = false (update every tick) unless you are quite experienced and know exactly what you're doing. Most strategies won't handle it without explicit code.