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Thank you for help with my bicolor MA. I did some small changes so
the formula is now:
Period:=Input("par", 1,250,1);
X:= Mov(C,Period,S);
Blue:=If(X>C,X,C);
Red:=If(X<C,X,C);
Blue; Red;
In applications, for example Visual Trading Charts, itīs possible
that the "if" function returns a "null" value. Null then means that
the indicator plots nothing when one write null in the if function.
It seems that Metastock always have to plot a value. Is it possible
that Metastock automatically have a red color when the red color
argument is filled and blue color when the blue color argument is
filled? I mean that when I draw down the bicolor MA indicator into
the chart the red part of the indicator is already red, and the blue
already blue. When I draw down the indicator now itīs only one
color, the default color. And I then manually have to change to
color for the MA parts > close resp. < close. I want to use quite
many MA:s, and get a so called fishnet chart. Therefore it would be
good if the bicolors are set automatically when the indicator is
drawn into the chart.
Thomas
--- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxxx> wrote:
>
> Thomas,
>
> This is one of the red green indicators.
>
> {greater than less than}
> X:= {your indicator here};
> Green:=If(X>Ref(X,-1),X,0);
> Red:=If(X<Ref(X,-1),X,0);
> Green; Red;
>
> In order to use it in your application you will need to make a few
> changes to get the display your looking for. The indicator above
> defaults to zero when the condition is not met. You are looking
for a
> price default. You could use high, low, open, or close. In your
case
> use the close. So the indicator becomes:
>
> X:= Mov(C,20,S);
> Blue:=If(X>Ref(X,-1),X,C);
> Red:=If(X<Ref(X,-1),X,C);
> Blue; Red;
>
> Next problem is the display. When this indicator is plotted you
will
> notice a line when indicator switches. To overcome this you will
need
> to plot in dashes rather than a solid line. You should also change
> the size of the data to one size larger than the plot. This will
hide
> the indicator when its plotting on the close.
>
> Finally, I have changed the indicator from your request. RED is
> always down. Its just easier to remember.
>
> Hope this helps,
>
> Preston
>
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "timotej53"
<timotej53@xxxx>
> wrote:
> >
> >
> > Thanks for your answer. You wrote:
> >
> > "In an expert, under the highlights tab, create new highlight
> > long
> >
> > C>Mov(C,20,S)
> >
> >
> > create new highlight
> > Short
> >
> > C<Mov(C,20,S)
> >
> > attach this expert to a chart"
> >
> >
> >
> > I was not enough clear in what i wanted. This highligt the base
> > security, but not the moving averages. What I need is that the
> > moving averages change color, depending if they are > or < than
the
> > base security value. For example the color of a moving average
is
> > red when itīs value is > base security value and blue when <
base
> > security value. Do you think itīs possible to code such an
> indicator
> > or expert.
> >
> > Regards,
> >
> > Thomas
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