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



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Thankyou Preston for the answer, it works a charm.

regards, Frank 

--- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxxx> wrote:
> 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


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