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Title: Message
I am
not trying to dominate the conversation here, but thought of another way I use
to color bars in a histogram. You can overlay one indicator on top of
another. For instance, with volume as an easy example, first plot your
normal volume histogram in green. To color certain bars a different color,
say red, to represent volume that is double the normal average volume, write
another indicator that display the volume if volume is double or more but
otherwise sets to a value of zero. Now overlay that on top of the
normal volume plot. Set the color of this overlaying indicator to
red. Whatever indicator is put in the chart last will be on top so your
will see a green volume chart with occasional red histogram bars when there
is high volume for the trade period.
Here
is the code for the second overlaying indicator:
If(VOLUME >= (Mov(VOLUME,50,S) * 2 )
AND
(Mov(VOLUME,50,S)>0),VOLUME,0)
Make
sure you set the scaling to the same side of the chart for each indicator (both
volume and volume indicator in this case)
Best,
Larry
Carhartt
MasterDATA
The
Only Source for Index & ETF Composite/Breadth Reports,
Charts & Data
I think the answer you are looking for is, no. You can not set
colors or line style in formulas in indicators. They must be
manually set once displayed.
Someone, please correct me if I am wrong, but I have never seen a way
described that will do this.
v <entinv@xxxxxxxxxxx>
wrote:
Both MACD histogram and volume comes all red on my screen. Is
there anything else needs to be set to see
different colors?
Thanks,
Vladimir
Something like
this should do the trick.
Red:=If(C>O,V,0);
Green:=If(C<=O,V,0);
Red;Green
Regards,
Tim.
From:
equismetastock@xxxxxxxxxxxxxxx [mailto:equismetastock@xxxxxxxxxxxxxxx]
On Behalf Of
investman
Sent: Saturday, 20 August 2005
11:33
To:
equismetastock@xxxxxxxxxxxxxxx
Subject: Re: [EquisMetaStock Group]
Colored bars in MACD-Histogram- How?
Is it possible to write a similar forumula for the
following scenario:
Volume bars: If the CLOSE is higher than OPEN for
the day : green colored volume bar and if CLOSE is less than OPEN of
the day: red coloured volume bar.
On 8/19/05, Tim <prez@xxxxxxxxx>
wrote:
The code is
missing a semi colon at the end of the x:=….
Statement.
It should
read,
X:=(
Mov( C,12,E ) - Mov( C,26,E ) ) - Mov( ( Mov( C,12,E ) - Mov( C,26,E )
),9,E );
If(X>0,X,0);
If(X<0,X,0);
I also didn't
address your original request, in that you were looking for an indicator
that allows colour in relation to the previous bar.
Others posted
this code, but in case you didn't keep it, the code would
be:
X:=(
Mov( C,12,E ) - Mov( C,26,E ) ) - Mov( ( Mov( C,12,E ) - Mov( C,26,E )
),9,E );
If(X>=Ref(X,-1),X,0);
If(X<Ref(X,-1),X,0);
Thanks Tim...i got errors "Operator
expected. Use +,-,*,/,<,<=,>,>=,<>,=, AND or OR."
on the last two lines...any help ?
Xianlong,,
Try
this
X:=( Mov( C,12,E ) - Mov( C,26,E ) ) - Mov( (
Mov( C,12,E ) - Mov( C,26,E ) ),9,E )
If(X>0,X,0);
If(X<0,X,0);
This will
now produce two lines where each can selected separate to the other,
thus you can colour each line differEntly.
Regards,
Tim.
Hi
guys. I was wondering if there is a code for the below MACD-Histogram
formula to show green for rising bars & red for declining bars
irregardless of above or below the zero line.
(
Mov( C,12,E ) - Mov( C,26,E ) ) - Mov( ( Mov( C,12,E ) - Mov( C,26,E )
),9,E )
Thanks in advance & i hope you can help
me.
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