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I forgot to clarify that I meant to specifically request the ability
to color the outline of the candlestick. Doing so would help
tremendously with the contrast and readability of the candle.
Dave
--- In amibroker@xxxxxxxxxxxxxxx, "marketmonk777" <dlittner@xxx> wrote:
>
> Hi Steve,
>
> I also agree and added my support to this feature in the feedback
> center sometime ago. This is what I wrote:
>
> -------------------------------------------------------------
> IMHO - it is the goal of all of us traders to proper interpret the
> current battle between the bulls and the bears (whether it be a 1 min
> candle or a daily candle). The ability to modify these candles can
> give us that edge and for that reason I second the request to allow us
> to properly color the candle body.
>
> Here are the rules that I tried to implement for coloring my candles:
>
> Rule # 1:
> "Hollow White Candle(painted as Green - found out that a white candle
> on a white background just doesn't work well - duh!)"
> Close today >= Close yesterday and Close today >= Open
> C >= Ref(C,-1) AND C >= O
>
> Rule # 2:
> "Filled Red Candle"
> Close today <= Close yesterday
> C < Ref(C,-1) AND C <= O
>
> Rule # 3:
> "Black Candle" Opens bullishly but closes bearishly
> Close today >= Close yesterday and closes today lower than the open.
> C >= Ref(C,-1) AND C < O
>
> Rule # 4:
> "Hollow Red Candle" Opens bearishly but closes bullishly.
> Open today below yesterdays close and closes today higher than the
open.
> C < Ref(C,-1) AND C > O
>
> It is rule #3 and #4 that provide a unique view of the battle.
>
> Yes one can see that relationship without the special coloring, but
> then again the same arguement is made about why to use candles over
> bar charts.
>
> This is a feature of Stockcharts.com that I very much like and have
> found it very useful.
>
> Please consider providing us the ability to color our candles.
> ---------------------------------------------------------
>
> As more folks understand how they can use this enhancement they may
> also express a desire to see this feature.
>
> Tomasz is doing such an amazing job with AB and I know of no other
> developer that is so attentive to the needs of his customers. I tip
> my hat to him and pledge to be a lifeline customer.
>
> Dave
>
> --- In amibroker@xxxxxxxxxxxxxxx, "scourt2000" <stevehite@> wrote:
> >
> >
> > Thomas,
> >
> > > Yes, it's easy, take a look:
> >
> > What's not easy is getting Marcin and Tomasz to realize that you
> > still cannot independently outline the colored candles (e.g., in
> > black) to make them stand out better from the background chart
> > color.
> >
> > I refer you to (my) Issue #36 on the Amibroker website. Look at
> > the side-by-side pic associated with that report. You can try
> > flipping between:
> >
> > 1. Body outline and shadows
> > 2. Body outline only
> > 3. Shadows only
> > 4. None, up candle solid
> > 5. None, up candle hollow
> >
> > And nothing will allow you to outline user-specified candle colors
> > while still maintaining the solid body colors you programmed in for
> > each specific candle.
> >
> > But Tomasz is the boss. If he wants to believe that what I reported
> > can be done in Amibroker, then, when I clearly show that you cannot,
> > there's nothing else I can do but drop the issue and live with it.
> > Tomasz is super busy with more important issues that some of these
> > little things that make charts pleasing to the eye wind up getting
> > thrown to the wayside.
> >
> > [I'll bet its a trivial amount of C++ code to fix this issue.]
> >
> > Steve
> >
> > P.S. Tomasz constructively criticised a poster in this forum for not
> > being able to be more specific (in comparing Ensign charts with
> > Amibroker)when he said that "Amibroker charts don't seem as 'crisp'
> > as Ensign's". Well, what I'm talking about here is a specific
> > example of how a detail like this makes your charts look
> > more "crisp". Look at those side-by-side eSignal/Amibroker pics I
> > posted with that Issue #36. The left one is "crisp". The right one
> > blends too much with the background color I like to have on my
> > charts.
> >
> >
> > --- In amibroker@xxxxxxxxxxxxxxx, "Thomas Z." <tzg@> wrote:
> > >
> > > Yes, it's easy, take a look:
> > >
> > >
> > >
> > > Candlecolor = IIf(C>O,colorGreen,IIf(C<O,colorRed,colorLightBlue));
> > >
> > > Plot(C,"C",Candlecolor,styleCandle);
> > >
> > >
> > >
> > > Thomas
> > >
> > > <http://www.tradingbasis.com/> www.tradingbasis.com
> > >
> > >
> > >
> > > _____
> > >
> > > From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx]
> > On Behalf
> > > Of sdp_51
> > > Sent: Sunday, October 22, 2006 4:45 AM
> > > To: amibroker@xxxxxxxxxxxxxxx
> > > Subject: [amibroker] coloring candlesticks according to code?
> > >
> > >
> > >
> > > i want to color candlesticks according to some logic in my code,
> > not
> > > whether down or up, is this possible?
> > >
> > > i hope so
> > >
> >
>
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