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alligator indicator

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dave1939 View Drop Down
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Joined: 25 Nov 2017
Location: Canberra
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Post Options Post Options   Quote dave1939 Quote  Post ReplyReply Direct Link To This Post Topic: alligator indicator
    Posted: 18 Jul 2020 at 5:19pm
Bill Williams alligator indicator is 3 emas plotted forward by different periods.
1. ema5 displaced by 3 periods forward
2. ema8 displaced by 5 periods forward and
3. ema13 displaced by 8 periods forward.

how do you displace an ema forward (or backward)? I want to code it just to see how visual it is for trends etc.QuestionConfused

Dave
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rbbrain View Drop Down
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Post Options Post Options   Quote rbbrain Quote  Post ReplyReply Direct Link To This Post Posted: 23 Jul 2020 at 11:52am
Hi dave1939,
I have to admit that I don't know a lot about script, but the Ichimoku indicator includes two lines are offset forward. I notice in the script that they achieve this using:

nssh := input("First/Second (Senkou) shift",26,1);
standardline := (highest(H,ns) + lowest(L,ns))/2;
turningline := (highest(H,nt) + lowest(L,nt))/2;
span1 := (standardline + turningline)/2;
span2 := (highest(H,nssp) + lowest(L,nssp))/2;
[name=First span; color=green; hozshift="nssh";]
span1;

If you Insert the Ichimoku indicator, then view its Properties and look at the last tab "Formula", this might help?
Cheers
Robert B
Robert Brain (Brainy)
Convenor - Australian BullCharts User Group
Brainy's Share Market Toolbox and BullCharts Tips
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peter1 View Drop Down
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Post Options Post Options   Quote peter1 Quote  Post ReplyReply Direct Link To This Post Posted: 25 Sep 2020 at 3:14pm
Moving averages can be shifted in many ways. Shifting them forward or backward in time is a Horizontal shift (plus or minus values). 

This function can be found in the Moving Average properties "Advanced" tab.
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