[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[EquisMetaStock Group] Re: Adding Highlights to Indicator like MACD Histogram rather than price bars.



PureBytes Links

Trading Reference Links

Frank,

That may not be an expert.

It looks like a MACD indicator set up as a histogram with the 
red/green highlights.

To do this simply add the following to the end of your indicator:

X:= {your indicator here};
Green:=If(X>Ref(X,-1),X,0);
Red:=If(X<Ref(X,-1),X,0);
Green; Red;

Go into properties and set as a histogram, then set > bars green and 
< bars red.

Preston

--- In equismetastock@xxxxxxxxxxxxxxx, "Frank Greenleaf" 
<frankgreenleaf@xxxx> wrote:
> 
> I am abe to create experts in Metastock that Highlight price bars 
and then
> save as a template. I have visited Alexander Elder's website and 
looked at
> example graphic screens of an add-on for Metastock.
> 
> A number of graphics of metastock templates are of interest to me. 
See
> example http://www.elder.com/MetaStock/MACD-Histogram%20Xover.htm ; 
here it
> is a MACD Histogram Indicator that has Highlights applied to the 
Indicator
> rather than the price bars.
> 
> This may be a simple question but I can't find an answer in my 
manual.In
> fact my manual has this to say about highlights.
> 	"Highlights are a great visual tool for analysing a chart. 
Since the focal
> point of a chart is the price bars, it only makes sense to have the 
display
> of the bars convey information about the technical status of the
> security."P. 395 Metastock Version 8.
> 
> Can anyone assist with this trick, Thanks, Frank


To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx

 

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/