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Date/Time: Sun, 28 Apr 2024 22:42:23 +0000



Volume - Bar Color Setting

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[2016-12-03 03:25:46]
User104854 - Posts: 441
Hi. I've been looking at the various methods for coloring bars depending on volume parameters but I can't figure out how to do the following:

I would like to make a price bar a particular color when there is positive bid volume on the bar but the price closes up. And also when there is positive ask volume on a bar but the price closes down. Is there a way to do this?

Thanks.
[2016-12-03 05:17:55]
Sawtooth - Posts: 3980
Try this:
Add two instances of the Color Bar Based On Alert Condition study, one for each color.
Use these formulas, respectively:
=AND(BV>AV,C>O)
=AND(BV<AV,C<O)

Here is more information:
http://www.sierrachart.com/index.php?page=doc/StudyChartAlertsAndScanning.php#BaseGraphIdentifiers
[2016-12-03 14:49:42]
User104854 - Posts: 441
Works great! Thanks a lot.

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