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A1:=Cum(If(C>Ref(C,-1),+V,If( C<Ref(C,-1),-V,0)));
A2:=Mov(A1,14,S);
Green:=If(A1>A2,A1,0);{plot as Histogram}
Red:=If(A1<A2,A1,0);{plot as Histogram}
A2;Green;Red;
If The OBV is >0 then Green when above MA,Red when below MA.
If The OBV is <0 then Red when below MA,Green when above MA.
Henry
--- In Metastockusers@xxxxxxxxxxxxxxx, JayTownsend@xxxx wrote:
> <<I would like to have the OBV indicator turn green when it is
above it’s own
> moving average, and red when it is below.
>
>
>
> Someone please provide the code for this if possible.
>
>
>
> [The OBV I am using is the standard one from the indicator list,
and a 14
> period moving average]
>
>
>
> Thank You.>>
>
> There may be other ways to accomplish what you want but the
easiest way that
> I've found is to create an Expert Advisor and create the Symbols
you want
> with corresponding colors there. You can have all sorts of
conditional
> statements for each symbol you create. You can also color the
daily price
> bar for whatever conditions you want under the Highlights tab of
the Advisor.
> The only downside is that you can only have one Expert Advisor
active at any
> one time (MS 8.0, anyway).
>
> Jay
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