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Replace Text Label When Last Bar is "Not a signal"

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    Replace Text Label When Last Bar is "Not a signal"

    I am trying to fix up an older indicator for NT but I am not a coder (I am learning though). It uses labels upon a signal to explain the signal. The problem is that this text does not get removed or changed untill a new signal appears which may be many bars later. This can be somewhat confusing/cluttered. How would I set the labels to replace if last bar does not match any signal?
    Last edited by Frameshifter; 08-30-2014, 04:27 PM.

    #2
    Originally posted by Frameshifter View Post
    I am trying to fix up an older indicator for NT but I am not a coder (I am learning though). It uses labels upon a signal to explain the signal. The problem is that this text does not get removed or changed untill a new signal appears which may be many bars later. This can be somewhat confusing/cluttered. How would I set the labels to replace if last bar does not match any signal?
    Hard to say without knowing what the signals are in your situation?

    Is your indicator printing the same thing for every bar until a switch? So it looks like SiSigSignSignnSignnal all over your chart?

    You'd need to add some sort of flag to say what the last signal was, and if it is the same, then ignore....

    Comment


      #3
      Hello Frameshifter,

      Thank you for your post.

      Below is a basic example of using the same tag and just using "" to create a blank DrawText() at the current bar when the Close is not above the Open:
      Code:
      			if(Close[0] <= Open[0])
      			{
      				DrawText("text", "", 0, High[0] + 1*TickSize, Color.Black);
      				// No Signal
      			}
      			if(Close[0] > Open[0])
      			{
      				DrawText("text", "Signal", 0,  High[0] + 1*TickSize, Color.Black);
      				// Signal
      			}

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