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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.
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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
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dulakovic
Posted : Monday, June 6, 2011 2:31:52 PM
Registered User
Joined: 11/29/2006
Posts: 181
 Thank you Bruce.
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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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