DYO: Simple study cross-over example


Q:  Could you please help me design a simple moving average crossover.  I tried the examples  from the help section on your website about the RSI, but the program  has changed since this help file was written, and I can't get the example featured there.

Also,  I find there is little explanation about the difference between the  DYO  and  Alerts.  I am working on  an indicator and I don't know where to start since I can't find enough examples.  So  could  you  please  email  me  a DYO screenshot on how to design a simple moving average crossover, so that I can see the different lines and their codes. That would be nice and helpful.

A:  You did not give me much to go by, so for the alert indication I chose to color the background green or red when the 1st average line is above or below the 2nd average line.   The chart has a Moving average study on it and a DYO.  The properties for the DYO is shown.

DYO and Alert are similar and often have identical selection box choices.  The advantage of the DYO is the ability to have 10 lines of logic in one place.  The advantage of the Alert is to specify trade system actions and play .WAV files.

read more » DYO:  Cross Over of 2 Different Studies


Last modified 8/26/09 4:26 PM