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Date/Time: Sat, 18 May 2024 04:37:22 +0000



Post From: Color Bar Based on Alert on PNF Chart

[2023-07-21 14:43:30]
Sawtooth - Posts: 4000
You can use the Spreadsheet Formula study to find up and down bars, using this formula in its Formula field:

=IF(OR(C>O,AND(O>C[-1],O=C)),1,IF(OR(C<O,AND(O<C[-1],O=C)),-1,ID5.SG1[-1]))
where ID5 is this Spreadsheet Formula study.
Up bars will return 1, down bars will return -1.

This is an Alert syntax conversion from this spreadsheet syntax:
Spreadsheet Example Formulas and Usage: Formula that Matches the Coloring of Up and Down Price Bars