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Shading above overbought and below oversold lines Rate this Topic:
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stoker
Posted : Thursday, December 16, 2010 7:39:02 PM
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Joined: 1/19/2009
Posts: 32
Hi,

I am trying to create overbought and oversold lines and shade above and below them, respectively. What I am looking for is exactly what comes with Stochastics by default, except I would like to apply this to some of my own indicators.

Most of these indicators are market data readers, if thats relevant.

I have searched the forums and found a few similar attempts, most notably:

http://forums.worden.com/default.aspx?g=posts&t=44472

However I am having trouble adapting this to my needs.

I also found this:

http://forums.worden.com/Default.aspx?g=posts&t=35080

Which looks like what I want, but I don't think you can do this in SF5

Create New | Indicator from Block Diagram.

I would really appreciate some assistance.

Cheers,

Stoker

Bruce_L
Posted : Friday, December 17, 2010 9:50:52 AM


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Joined: 10/7/2004
Posts: 65,138
If you replace the first line of the directions given in Shading an area between a custom indicator and a horizontal line with:

- Add Indicator/Condition to Chart | New Indicator from Diagram (at the bottom of the list).

Everything else looks like it should be the same.

Block Diagrams have been de-emphasized in StockFinder but the Your First 3 Block Diagrams video covers creating Block Diagrams. Most people don't do much with Block Diagrams and use Drag and Drop or RealCode exclusively.

-Bruce
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stoker
Posted : Friday, December 17, 2010 10:24:46 AM
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Joined: 1/19/2009
Posts: 32
Hi Bruce,

I get as far as selecting "Your Custom Indicator" from the "Scale With" drop down.

I don't have "Your Custom Indicator" in this drop down, only "On Own Scale".

See below:




Any ideas?
Bruce_L
Posted : Friday, December 17, 2010 10:28:06 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
OK. Choose On Own Scale and when the new Indicator is done being created, Drag and Drop the new Indicator onto your base Indicator (onto the Indicator itself) and select Overlay with (your base Indicator) to get it into the same Pane and Scale.

-Bruce
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stoker
Posted : Friday, December 17, 2010 11:07:52 AM
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Joined: 1/19/2009
Posts: 32
Hi Bruce,

I have created the OS indicator sucessfully as you describe. However I am unable to drag it onto my base indicator (or any indicator). When I drag it I get the red circle icon (not sure what you call it).

Actually Its the same experience as when I try to drag the OS or OB indicator from stochastics to any other indicator.
Bruce_L
Posted : Friday, December 17, 2010 11:16:12 AM


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Joined: 10/7/2004
Posts: 65,138
Sorry. I had forgotten that Channel Plots could not be Dragged and Dropped as described.

Right-click on the Indicator and select Copy and then right-click in then right-click in the Pane in which you wish to place it and select Paste. You may need to right-click on the Indicator and select Scaling | Scale With | (the Indicator on which it is based) to get it into the same Scale (but probably not).

-Bruce
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stoker
Posted : Friday, December 17, 2010 11:55:44 AM
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Joined: 1/19/2009
Posts: 32
Thanks Bruce  - done.

One small thing, is it possible to hide the value of the indicator from the legend?

I have named them OB and OS, but the value is being displayed (see below) - can I hide this?

Bruce_L
Posted : Friday, December 17, 2010 12:07:12 PM


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Joined: 10/7/2004
Posts: 65,138
If you right-click on the Indicators and select Edit, you should be able to select Block Diagram near the lower left corner. You can double-left-click on the Parameter: Decimal Number Blocks to Edit them. Change Show in Legend to False.

-Bruce
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stoker
Posted : Friday, December 17, 2010 12:11:22 PM
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Joined: 1/19/2009
Posts: 32
Thanks again Bruce - done.
Bruce_L
Posted : Friday, December 17, 2010 12:20:36 PM


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Joined: 10/7/2004
Posts: 65,138
You're welcome.

-Bruce
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