BullScript: Coloring of an indicator

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Coloring of an indicator

Printed From: BullCharts Forum
Category: BullCharts
Forum Name: BullScript
Forum Discription: Technical discussion related specifically to the BullScript programming language.
URL: http://www.bullcharts.com.au/forum/forum_posts.asp?TID=1015
Printed Date: 04 May 2024 at 5:09pm
Software Version: Web Wiz Forums 9.69 - http://www.webwizforums.com

Topic: Coloring of an indicator

Posted By: stefanols
Subject: Coloring of an indicator
Date Posted: 27 Nov 2017 at 4:19pm

Anyone?

The other instrument can be anything AAPL etc. I am just after

hot to color the result.

Hi,

I am trying to make an indicator easier to read.

However it does not turn out as I would like.

I would like to have plot in green when above 65, red below 35 and the rest in black.

Hope that someone can assist. Thanks in advance BR Stefan

[target=Default;Horzline=80,15]

[tooltip= CPI Bulkowski, "36-64 Neutral, 65-100 Bullish, 1-35 Bearish,1-35"]

{Calculate the realtion between bullish and bearish CPI count}

symb := inputsymbol("Security","AAPL");

otherClose := LoadSymbol(symb, Close);

total := close+otherclose;

CPI :=(close)/total*100;

CPIBU := if(CPI >= 65,CPI,undefined);

CPIBE := if(CPI < 36,CPI,undefined);

CPINE := if(CPI >36 or CPI>65,CPI,undefined);

[linestyle=Line; width=2; color=green]

CPIBU;

[linestyle=Line; width=2; color=red]

CPIBE;

[linestyle=Line; width=2; color=black]

CPINE;

Replies:

Posted By: maximo
Date Posted: 11 Jan 2018 at 10:04pm

An RSI(2) works as well as Bulkowski's CPI indicator on an index.
The idea is to Buy above the green line only when coming from the opposite red side.
It has a 66% probability of closing in the positive for the following day only.

[Description="RSI with CPI Bulkowski parameters"]
n := input("Time period",2,1);
nb:= n*2-1; {=wilder's smoothing }
Su:=Ma(If(C-Ref(C,-1) > 0, C-Ref(C,-1), 0),nb,E);
Sd:=Ma(If(C-Ref(C,-1) < 0, Ref(C,-1) - C, 0),nb,E);
rs:=100-100/(1 + (Su/sd));
rs;
rs1:=if(rs>=65,rs,65); rs2:=65;
rs3:=if(rs<=36,rs,36); rs4:=36;

[color=lime green; linestyle=dotted]
65;
[color=red]
36;
[name=RSI Top Fill; linestyle=fill; color=blue]
rs1; rs2;
[name=RSI Low Fill; linestyle=fill; color=blue]
rs3; rs4;

Posted By: stefanols
Date Posted: 14 Jan 2018 at 2:43pm

The visualisation was just what I was looking for.

Thanks and best regards stefan