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Thanks to Dimitris, Gary and Jayson for helping me on this one. I
continue to scour this forum in an attempt to learn the AFL language
but it has been a slow process. Thanks again for your help. I use
this as one of 5 Market barometers on my charts during the day in
conjunction with the price action. I am going to work on coding the
others and will post them when they are complete. I have modified
the code provided by Dimitris below and have a question: the asterik
would indicate multiplication, does this mean that a value can be
multipled by another value and then multiplied by a color and create
the end result as the designated color? I was not able to find
documentation on this. Is this AFL"D"(imitris) code :-) ? ?
Thanks Again
David K.
P.S. For anyone interested, I use this at the top of my 5 & 15 minute
charts (about 1/4" in height) for a great visual of the market mood
during the day.
//Trin Barometer//
VAL1 = Foreign("$Trin","c");
Plot(VAL1,"VAL1",C);
COLOR=
(VAL1<=0.29)*colorBlack+
(VAL1>=0.30)*(VAL1<0.65)*colorGreen+ //Mega Bullish//
(VAL1>=0.65)*(VAL1<0.85)*colorBrightGreen+ //Bullish//
(VAL1>=0.85)*(VAL1<0.95)*colorBlue+/ /Neutral/Bullish//
(VAL1>=0.95)*(VAL1<1.01)*colorYellow+//Neutral Bearish//
(VAL1>=1.01)*(VAL1<1.2)*lightOrange+//Bearish//
(VAL1>=1.2)*(VAL1<1.8)*colorRed+//Bear Ugly//
(VAL1>=1.8)*colorRose;//OverCooked, be alert for Market Turn//
Plot( 10, "Ribbon", COLOR,styleOwnScale|styleArea|styleNoLabel,2,5 );
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