Hello Dan,
yes, i have seen exactly the same, it
changes with the bar value and not with the price value. L
From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] On Behalf Of Dan Clark
Sent: Saturday, January 07, 2006
4:25 PM
To: amibroker@xxxxxxxxxxxxxxx
Subject: RE: [amibroker]
Stylecloud
Hi Thomas,
I started using the
styleCloud. I like it for certain types of charts much better than
histograms but I see one issue with it – colors change with the change of
bar value and not with the change over or under a certain quantitative
value. For example, in the attached Chaikin MF(10) charts of WRES, the AB
version shows odd changes in colors, while the StockCharts version shows the
correct (IMO) rendition.
In the attached
ChaikinStyleCloud.gif chart, look at the 12/7 bar (under the cursor
line). The CMF(10) value for that bar is “-.07”
(negative). The 12/6 value is “.07” (positive).
In the AB version, the cloud color is the green color of the 12/6 (positive)
bar even after the bar drops below the “0” line between the 12/6
and 12/7 bar. In the StockCharts version, the color correctly
changes at the “0” line.
Here’s the color
code for the chart:
CMFColor = IIf(CMFI >= 0, PColor, NColor);
Apparently AB translates
this as “when the bar CMF value changes to goes over 0, change
colors”. My preferred translation would be “when the interpolated
CMF value goes over 0, change colors. I need to report this to
Tomasz, but haven’t had the time.
It looks like a similar
issue. Is this the issue to which you were referring?
Regards,
Dan.
From:
amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] On Behalf Of Tradingbasis
Sent: Saturday, January 07, 2006
3:54 AM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Stylecloud
Hello,
stylecloud looks good, however i have found no way
to plot typical
oversold/overbought areas on any indicator with
cloud correctly.
Can someone help please ?
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Best regards
Thomas
www.tradingbasis.com
support@xxxxxxxxxxxxxxxx
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