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here is the formula behind the dots, in VT code
FL := Mov( pr,Sh,tpma ) - Mov( pr,Lg,tpma ); SL := Mov(Mov( pr,Sh,tpma ) - Mov( pr,Lg,tpma ),sig,tr); OsMA:=FL-SL; Buydot:=if(OsMA<-abovbelow and OsMA>ref(OsMA,-1),1,0); PlaceBuydot:=If(buydot=1 and Ref(BuyDot,-1)=0,L-0.0003,null); Selldot:=if(OsMA>abovbelow and OsMA<ref(OsMA,-1),1,0); PlaceSelldot:=If(Selldot=1 and ref(SellDot,-1)=0,H+0.0003,null); BuyLine:=If(Buydot=1,C,prev); |
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As far as I understand it, It display a dot when the MACD cross. I don't know the valuse of one of the variables so I cannot use it in my code.
If you can put the pair and TF and the date+time of the chart that u post, maybe we can refine it. This is my version of this indicator. Eli |
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