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Re: [amibroker] Re: Color coding of bars



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Dear Global Investor,

I am pleased to say that the user option to draw candles the way
you described in now implemented. It will appear with other goodies in the next
beta 4.38.0 tommorrow.

Best regards,
Tomasz Janeczko
amibroker.com
----- Original Message ----- 
From: "Global Investor" <independent_opinion@xxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Monday, May 19, 2003 1:20 PM
Subject: [amibroker] Re: Color coding of bars



> while we are at it, I don't want to bother anyone. I just think that 
> it's an extremely useful feature if the conceptual design of the program 
> _separates_ the appeareance of a candle (hollow body for upcandles, 
> filled body for downcandles) from the color in which an individual 
> candle is drawn.   This is possible in Metastock and adds an additional 
> layer of information.
> 
> In many charting programs, however,  the candle body is always filled 
> and color information is used for distinguishing up- and downcandles. 
>  With these programs, however, color information cannot be effectively 
> used to indicate technical criteria, because if this is done, the 
> up-/down candles can no longer be distinguished anymore.  This is the 
> drawback in your screenshot, Jayson (msg. 40728).  While you have 
> colored the candles in the chart of CSCO according to technical 
> criteria, you can no longer distinguish up- from downcandles, because 
> you have set preferences/charting/candlesticks to none.  This is clear 
> loss of information.  Compare it with my screenshot attached in msg. 
> 40738, where the type of the candle (up/down) can be recognized 
> independent of the color the candle is drawn in, while the candle color 
> can indicate technical criteria such as the trend strength.
> 
> 
> 
> 
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