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Shading the space between a 2-SMA (custom channel). Rate this Topic:
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ChampionCoach
Posted : Sunday, October 14, 2012 6:32:26 PM
Registered User
Joined: 3/20/2011
Posts: 25

AvgH5/AvgL5 Price channel.

In TC2000 v.12, how do I color shade the space between two conditional lines on a price chart. I want to draw an AvgH5 and an AvgL5 line and then shade the space between the lines to identify a channel. I tried creating a Price channel as an indicator with c as the formula and (avgH5-avgL5) as the width; but that didn't appear correctly. Is there another way to do it?

Bruce_L
Posted : Monday, October 15, 2012 8:52:40 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Please try using (AVGH5 + AVGL5) / 2 as the Indicator Line Formula and (AVGH5 - AVGL5) / 2 as the Channel Width Formula instead.



-Bruce
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