FullD Color change Signal

FULL Original code, I was just looking to capture the FullD color changes in the alert.

# Bentley_Stochastic_v2

declare lower;
input MidLine = 50;
input over_bought = 80;
input over_sold = 20;
input KPeriod = 3;
input DPeriod = 3;
input priceH = high;
input priceL = low;
input priceC = close;
input slowing_period = 2;
input smoothingType = 1;

input length = 50;
input displace = 0;
def Trnd = Average(close[-displace], length);

def c1 = priceC – Lowest(priceL, KPeriod);
def c2 = Highest(priceH, KPeriod) – Lowest(priceL, KPeriod);
def FastK = c1 / c2 * 100;

plot FullK;
plot FullD;

if smoothingType == 1
then {
FullK = Average(FastK, slowing_period);
FullD = Average(FullK, DPeriod);
} else {
FullK = ExpAverage(FastK, slowing_period);
FullD = ExpAverage(FullK, DPeriod);
}
plot OverBought = over_bought;
plot OverSold = over_sold;
plot Mdln50 = 50;

FullD.AssignValueColor(if FullD > FullD[1] then Color.green else (if FullD == FullD[1] then Color.green else Color.red));
FullD.SetLineWeight(1);

FullK.AssignValueColor(if FullK > FullK[1] then color.green else color.red);
FullK.SetLineWeight(3);

MdLn50.SetDefaultColor(GetColor(0));
OverBought.SetDefaultColor(GetColor(1));
OverSold.SetDefaultColor(GetColor(1));
;

Yes, my concern is that I dont get the clean spike signals like I see you achieve with other indicator like the MACD/RSI or a TTM Squeeze color change I saw on here on your site. I get these flat top lines, makes sense? My settings for the FullK and FullD are 7 and 6 for both my signal indicator and actual indicator. Both have 80/20 os/ob levels, and the actual indicator uses a 50 midline.

I would like to have these clear signals, that way I can set it has an alert or scan.

Ok with the clarifications I have a solution. You would like the study to spike only when the color changes. Well the color changes only with the direction of the FullD changes direction. So that’s all we need to write:

def risingFullD = FullD > FullD[1];
def fallingFullD = FullD < FullD[1];
plot changeToUp = risingFullD and fallingFullD[1];
plot changeToDown = fallingFullD and risingFullD[1];

We have numerous examples of this sort of solution throughout the Q&A forum and video tutorials. After performing a thorough search and examining all the examples you should have a very clear idea on how to do these for any indicator.

I marked some price lines and see that there is some alignment, but not in the form of spikes. I would like the green lines and red lines positions to show that spike, so I can trigger an alert or scan on these triggers, if I could trigger green separate from red, that will be ideal to manage in two separate watchlist

I marked some price lines and see that there is some alignment, but not in the form of spikes. I would like the green lines and red lines positions to show that spike, so I can trigger an alert or scan on these triggers, if I could trigger green separate from red, that will be ideal to manage in two separate watchlist

Sorry, did not see your response. I saw some examples but could not figure out how to apply it to my specific conditions. Thanks for your reply, let me check your response in the code.

I appreciate your help… this is the code with your recommendations, also validated that the top referenced indicator has the same settings including the slow period. The signals dont line up?? I dont know what I’m doing wrong.

declare lower;
input MidLine = 50;
input over_bought = 80;
input over_sold = 20;
input KPeriod = 7;
input DPeriod = 6;
input priceH = high;
input priceL = low;
input priceC = close;
input slowing_period = 2;
input smoothingType = 2;

input length = 50;
input displace = 0;
def Trnd = Average(close[-displace], length);

def c1 = priceC – Lowest(priceL, KPeriod);
def c2 = Highest(priceH, KPeriod) – Lowest(priceL, KPeriod);
def FastK = c1 / c2 * 100;

def FullK;
def FullD;

if smoothingType == 1
then {
FullK = Average(FastK, slowing_period);
FullD = Average(FullK, DPeriod);
} else {
FullK = ExpAverage(FastK, slowing_period);
FullD = ExpAverage(FullK, DPeriod);
}
def OverBought = over_bought;
def OverSold = over_sold;
def Mdln50 = 50;

#FullD.AssignValueColor(if FullD > FullD[1] then Color.green else (if FullD == FullD[1] then Color.green else Color.red));
#FullD.SetLineWeight(1);

#FullK.AssignValueColor(if FullK > FullK[1] then color.green else color.red);
#FullK.SetLineWeight(3);

#MdLn50.SetDefaultColor(GetColor(0));
#OverBought.SetDefaultColor(GetColor(1));
#OverSold.SetDefaultColor(GetColor(1));

def risingFullD = FullD > FullD[1];
def fallingFullD = FullD < FullD[1];
plot changeToUp = risingFullD and fallingFullD[1];
plot changeToDown = fallingFullD and risingFullD[1];

Pete, after further testing, what I discovered that while the indicator on the chart “seems” not to line up perfectly, it does work well in scan mode. So I believe this will work. Thanks for your time. Enjoy the rest of your day.