Transform DataSeries into binary - Wealth Lab Forum

Transform DataSeries into binary

Author: rbryant

Creation Date: 11/26/2018 10:27 AM

Wealth Lab » WealthScript (.NET) » Transform DataSeries into binary

rbryant

#1

11/26/2018 10:27 AM

Dear all

I want to create a dataseries from another one (eg MACD) which is 1 if MACD (in this example) is above 0, and 0 if MACD is below 0. What is the easiest way to do this, please?

Thanks and regards
Rod

Eugene

#2

11/26/2018 10:44 AM

Hi Rod,

Found this by typing "binary" in the forum search box. This post's been waiting for you for over 7 years! :)

Kaufman's Adaptive Moving Average Binary Wave

I think the pattern is easy enough to grasp even for newbies - maybe except for the "?" ternary operator:

CODE:
Please log in to see this code.

This simply means that if k[bar] is declining then we assign the AMALow the current value of k[bar], and retain it otherwise. Here's a quick explanation with examples:

http://www.tutorialsteacher.com/csharp/csharp-ternary-operator

Dave B.

#3

11/26/2018 3:00 PM

Funny how the two (2) examples in the tutorial don't produce the exact same result.

Ah, the intricacies of coding.

rbryant

#4

11/26/2018 9:11 PM

Thanks a lot Eugene.

Can this code be simplified to what I show below, if no filter is required?

From this:

CODE:
Please log in to see this code.

To this?

CODE:
Please log in to see this code.

Eugene

#5

11/26/2018 9:35 PM

Here's a simplified example using random numbers:

CODE:
Please log in to see this code.

rbryant

#6

11/27/2018 2:21 AM

Thanks Eugene.

I love this - simple as can be:

QUOTE:
bWave[bar] = dice > 0 ? 1.0 : -1.0;

What is the purpose of this part:

QUOTE:
bWave[bar] = bWave[bar] != bWave[bar-1] ? bWave[bar] : bWave[bar - 1];

Thanks and regards

Rod

Eugene

#7

11/27/2018 5:33 AM

Rod, I read that as

QUOTE:
I love this...
... [bar]

...and this reminded me of that song title by Toby Keith :lol:

QUOTE:
What is the purpose of this part:

Please disregard, it's irrelevant to this context. I've removed it from the sample code.

rbryant

#8

11/27/2018 8:05 AM

lol. thanks.

Wealth Lab » WealthScript (.NET) » Transform DataSeries into binary

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