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Date/Time: Wed, 24 Apr 2024 17:33:04 +0000



Autocoloring of RSI Based on Drawn 50.00 Level?

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[2017-11-16 07:40:08]
User585845 - Posts: 17
I have manually drawn a line on the 50.00 level for the RSI indicator on the chart. Is there anyway I can auto-color the RSI line based on it being above or below the 50.00 level? When the RSI is above 50.00 I would like it to appear as green and when it is below the 50.00 it appears as red. I appreciate any suggestions. Thank you.

http://www.sierrachart.com/image.php?Image=1510817910960.png
[2017-11-16 17:52:09]
Sierra Chart Engineering - Posts: 104368
Refer to this page:

Color Bar Based on Alert Condition


Specifically to this section:
Color Bar Based on Alert Condition: Coloring Subgraphs of Other Studies (ColoringSubgraphsOfOtherStudies)
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2017-12-05 04:19:24
[2017-11-16 17:53:09]
Sierra Chart Engineering - Posts: 104368
We can also see you are running an older version of Sierra Chart. Update following these instructions:
Software Download: Fast Update

And be sure to refer to the post above.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2017-11-16 17:53:18
[2017-11-17 08:01:08]
User585845 - Posts: 17
I'm having a hard time with the instructions and getting this to work. What exactly do I need to do in order to get the RSI to color green when its value is higher than 50 and red when its value is lower than 50? I only need the RSI to change color based on its value, not the price bars.
[2017-11-17 21:50:53]
Sierra Chart Engineering - Posts: 104368
Make sure you follow through the instructions in this specific section:

Color Bar Based on Alert Condition: Coloring Subgraphs of Other Studies (ColoringSubgraphsOfOtherStudies)

They really are clear. If you still need help, we would have to prepare a Study Collection for you to show you this but we cannot get to it until next week.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2017-12-05 04:18:47
[2017-11-20 23:00:06]
Sierra Chart Engineering - Posts: 104368
As we worked through this, we realize that this was not necessarily so simple for you to accomplish on your own.

Attached is a Study Collection which does this.

Follow the instructions here to use it:
Study Collections: Using a Study Collection Provided by Sierra Chart Support
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
attachmentRSIColored+.StdyCollct - Attached On 2017-11-20 22:59:46 UTC - Size: 18.7 KB - 404 views
[2017-11-23 09:55:54]
User585845 - Posts: 17
Thanks for your help, I really appreciate it.
[2017-11-23 10:11:04]
Sierra Chart Engineering - Posts: 104368
There are different Draw Styles that can be used. We are not sure what you wanted. We used the Line style but you could use the Bar draw style for both the study and the Color Bar Based on Alert Condition study.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2017-11-23 10:11:22
[2017-12-05 04:17:56]
Sierra Chart Engineering - Posts: 104368
Actually we now realize we gave you the wrong documentation previously. This is the relevant documentation here:
Color Bar Based on Alert Condition: Coloring Subgraphs of Other Studies

But this documentation was right below what we linked to previously.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
[2023-08-30 03:22:10]
User683599 - Posts: 8
Hi, I have 3 qns. I hv hard time doing this too.

1. Is above study collection still usable for latest Sierra Chart edition?

2. I also want to use it on CMO ( chande momentum ). I want it to b green when CMO > 0 and red when CMO < 0.

It will b nice if candle can be lime when above 0 and close price above open price, and dark green when above 0 and candle close price below open price.

Will b even nicer if candle can be cyan Color when CMO > 50. and magenta when CMO below -50.

3. What if I want to Color background based on CMO above/below 0. I m thinking of black background if CMO above 0 and gray background if CMO below 0

Overall, I feel it will b nice if there’s an indicator for candle bar to follow indicator Color. This is just comment off my mind. I m happy so long as Engineers can help with qns 1 and 2
Date Time Of Last Edit: 2023-08-30 03:27:49
[2023-08-30 14:30:46]
John - SC Support - Posts: 31083
1. Attached is the study collection from above updated to be able to be used with a current version of Sierra Chart.

2. You can do all this. But for each color you want you have to have a "Color Bar Based on Alert Condition" study and then make sure that the alerts are consistent and in a way that when one is true the other is false so you just have the one true one with the color you want at the place you want it. When you look at the Study Collection from above it should help you get through this.

Refer to the following for how to use a Study Collection provided by us:
Study Collections: Using a Study Collection Provided by Sierra Chart Support

3. You can do this as well using either the "Color Bar Based on Alert Condition" and setting the subgraph to Background, or you can use the specific "Color Background Based on Alert Condition" study. Refer to the following:
Color Background Based on Alert Condition

--

Just something else to be aware of, is that there are Auto-Coloring options for Subgraphs. This may not be exactly what you want for the above, but it gives some simpler ways to color an item. Refer to the following:
Chart Studies: Subgraphs Tab >> Auto Coloring
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
attachmentRSIColored+.StdyCollct - Attached On 2023-08-30 14:26:15 UTC - Size: 31.85 KB - 103 views
[2023-09-03 12:59:00]
User683599 - Posts: 8
Hi John, I couldn't get the above attachment to work. However, I am more interested in doing background colouring based on CMO. I attempted to do one, but didn't work. Background should show green colour if CMO is above 0 and yellow if CMO below O.
Can u pls see the error printscreens attached and tell me what changes to make?
Date Time Of Last Edit: 2023-09-03 12:59:13
Private File
[2023-09-05 21:07:50]
John - SC Support - Posts: 31083
To be quite honest, I do not know why, but the Auto-Coloring for the Color Background Based on Alert Condition does not work as expected. Therefore, do not use this.

Since you just want to color the background based on the value of the CMO, then there are easier ways to do this.
1. If you want to color the background of the CMO region (not Region 1 where the Main Price Graph is located) then you can set the Subgraph for the CMO to be "Background" and use the Auto-Coloring option.

If you also want to see the line, then use a second copy of the CMO to display the line as well. Or you can use a "Study Subgraph Reference" to reference the CMO data to display it, either of these will work.

2. If you want to color the background of the Main Price Graph, then use a "Study Subgraph Reference" study and set it to be displayed in the main region (region 1). Then set the Subgraph to use a Draw Style of Background and use the Auto-Coloring.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing

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