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Paint Scheme

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dulakovic

Posted : Monday, June 6, 2011 10:54:56 AM

Registered User
Joined: 11/29/2006
Posts: 181

Hi,

Can you please help me with the following paint scheme: I would like candles/bars to turn green if the price of the current bar is in the upper 50% of the range of the previous 5 bars and turn red when the price of the current bar is in the lower 50% of the previous 5 bars. Range is defined as the difference of highest high and lowest low of the previous 5 bars.

Thank you.

Bruce_L

Posted : Monday, June 6, 2011 11:05:13 AM

Worden Trainer

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

Add a 5-Period Stochastic to the Chart with a %K of 1 and create Conditions for the Stochastic being above 50 (Green) and below 50 (Red).

Working with Indicators
Creating Conditions

Then use the Conditions as part of a Paint Scheme used to Paint Price.

Paint Schemes

-Bruce
Personal Criteria Formulas
TC2000 Support Articles

dulakovic

Posted : Monday, June 6, 2011 2:31:52 PM

Registered User
Joined: 11/29/2006
Posts: 181

Thank you Bruce.

Bruce_L

Posted : Monday, June 6, 2011 2:37:20 PM

Worden Trainer

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

You're welcome.

-Bruce
Personal Criteria Formulas
TC2000 Support Articles

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