Plot only first crossover in a day

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Hi Pete,

Hope everything is well.

I have a simple requirement, which I hope you could guide within your time allowance.

I searched the forum but could not find any results.

I am looking to plot only the first crossover in a day (regular trading hours).

Here’s my simple code

#———————————————————————————

def ema5 = reference MovAvgExponential(length=5);
plot Data = close>ema5;

#———————————————————————————

This plots multiple times during the day, I want to plot only the first crossover. ( no. 1 in the screenshot)

Appreciate your guidance.

PS: The example here is for an EMA, but I hope the logic will hold for any crossovers.

Thanks

 

 

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Posted by (Questions: 6, Answers: 7)
Asked on August 18, 2020 2:56 am
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Private answer

The code you provided does not plot the crossover events but rather plots every time the close is greater than the moving average.

We have already provided a solution to plot first occurrance during a trading session here:

https://www.hahn-tech.com/ans/execute-trigger-once-daily/

You will find the example provided is generic so that it can be very easily applied to virtually any true/false "trigger" or condition. Also included in that post is a full explanation of how the code does it's job.

 

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Posted by (Questions: 37, Answers: 4118)
Answered on August 18, 2020 8:35 am
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Thanks Pete, yes, its a plot when the close moves above a moving average. I will try your generic code for my requirement once the ongoing thinkorswim issues are resolved. Thanks
( at August 18, 2020 9:02 am)
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