Registered User Joined: 12/19/2004 Posts: 28
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Hi,
I'm looking to color the price bar green if the (closing price of last bar is above the 50% range of last six bars).
If it doesn't meet this criteria then color the price bar red. If we can't color the price bar could this ploted as an indicator?
If can't be done in tc2000 then can it be done in StockFinder?
Thank you,
Rich
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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We can plot a green dot at the current or closing price if it is above the midpoint of the last 6 bars by using the following Formulas in a Custom PCF Indicator with the Plot Style set to Dot and Color set to green.
C / ABS(2 * C > MAXH6 + MINL6)
You would need another Custom PCF Indicator for the red dots.
C / ABS(2 * C <= MAXH6 + MINL6)
You would want to plot both Custom PCF Indicators in the same pane and scale as price.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 12/19/2004 Posts: 28
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Hi Bruce,
Your the Man. Thank you very much.
I used it with histogram.
Let me tell everyone else how to use it.
Stay in the trade until you get two bars of the opposite color. Works really well in trending markets.
This is the TTM indicator from John Carter.
Thanks again,
Rich
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You're welcome.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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