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[User Discussion] - Enhanced Candlestick Coloring?

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[2014-02-15 23:36:19] #1 [Go To First Post]
drywater0 - Posts: 85
SC Support, Is it possible to implement coloring for the Candlestick graph draw type which takes into account both the Open and Previous Close? What I'm trying to accomplish is best illustrated by example: (1) Candlestick outline color is determined by comparing Close vs. PrevClose: green for up, red for down, and grey for unchanged. (2) If Close > Open then body is transparent with no fill color. (3) If Close < Open then body is filled using the color scheme set in (1). The result is that the typical Up bar will be a hollow green candlestick and the typical Down bar will be have a red fill for the body. The atypical scenarios are: (a) Close > PrevClose but Close < Open produce a green bar with the body filled green. (b) Close < PrevClose but Close > Open produce a red bar with a transparent body. (c) Close = PrevClose produces a grey bar with transparent body if Close > Open and a grey filled body if Close < Open. I attach a screenshot for further illustration with the exceptional / atypical days highlighted with a yellow arrow. Many thanks in advance for your help.


Candlestick Coloring Example.JPG / V - Attached On 2014-02-15 23:35:33 UTC - Size: 169.32 KB - 511 views

[2014-02-17 06:04:00] #2 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
You need to create a custom study which does custom bar coloring: https://www.sierrachart.com/index.php?l=doc/doc_CreatingDLLs.html 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

[2020-04-23 18:20:20] #3 [Go To First Post]
aabbcc - Posts: 2
Hello. This request is a typical candlestick option and it is curious that SC does not offer it out of the box. Usually color is based on the net change from previous bar and the fill is based on open versus close. Has this been solved yet as a custom implementation, update or 3rd party add-on?

[2020-04-23 18:25:51] #4 [Go To First Post]
Ackin - Posts: 1865
Hello. This request is a typical candlestick option and it is curious that SC does not offer it out of the box. Usually color is based on the net change from previous bar and the fill is based on open versus close. Has this been solved yet as a custom implementation, update or 3rd party add-on? You can use "Color Bar Based"(default Sierrachart study): Color Bar Based on Alert Condition

[2020-04-23 18:43:45] #5 [Go To First Post]
aabbcc - Posts: 2
Thanks but color is already given; what's missing is the fill and this could be either red or green...

[2020-04-23 19:44:29] #6 [Go To First Post]
Ackin - Posts: 1865
Easy, I'll create it....

[2020-04-23 21:09:54] #7 [Go To First Post]
Ackin - Posts: 1865
Hi, You can download Study: Candlestick Enhanced Coloring from the library Free1 (2020) contact link: https://www.sierrachart.com/UserControlPanel.php?page=StudyStore&SCDLLName=zyp_download_free


Candlestick Enhanced Coloring.png / V - Attached On 2020-04-23 21:09:51 UTC - Size: 22.46 KB - 366 views

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