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Direct MessagesDate/Time: Sun, 26 May 2024 13:41:07 +0000
[Programming Help] - Color Bars based on Heikin Ashi
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| [2016-11-09 22:55:58] |
| User513959 - Posts: 16 |
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Hi Ive attempted to try and accomplish this myself with "Color bars based on alert" but have not been successful. Is there a way to color regular candlestick bars based on the Heikin Ashi formula. Basically would go like this; HA bar is green + Candle closes green = green solid candlestick HA bar is green + Candle closes red = green hollow candlestick Inverse for red HA bars. Essentially Im looking to combine the trend follow characteristics of HA bars with real OHLC of regular candles. Thanks, Stefan |
| [2016-11-10 00:20:44] |
| Sawtooth - Posts: 4009 |
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Try this: You'll need 4 instances of the Color Bar Based On Alert Condition study, one for each combination. You'll need to set the Chart >> Chart Settings >> Main Setting tab >> Graph Draw Type to Candlestick Bars Hollow. Use these formulas and Draw Styles, respectively, in each color bar study: HA green, candle green: =AND(ID1.SG1<ID1.SG4,O<C) Color Bar (use same green as in Graphics Settings) HA green, candle red: =AND(ID1.SG1<ID1.SG4,O>C) Color Bar Hollow (use same green as in Graphics Settings) HA red, candle red: =AND(ID1.SG1>ID1.SG4,O>C) Color Bar (use same red as in Graphics Settings) HA red, candle green: =AND(ID1.SG1>ID1.SG4,O<C) Color Bar Hollow (use same red as in Graphics Settings) Notes: -Above formulas assume the HA study is ID1. Edit as needed. -Above assumes the HA study is not set to Display as Main Price Graph |
| [2016-11-10 01:51:49] |
| User513959 - Posts: 16 |
|
Amazing! Thank you!
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