Multiple colours on single indicator line |
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Alex
Newbie Joined: 12 Mar 2006 Posts: 9 |
Post Options Quote Reply Posted: 25 Apr 2006 at 10:47pm |
To All Given the above, is it possible to have say a Moving Average on a price graph change colour in response to an accompanying RSI graph viz say red for RSI 30 or less, orange for RSI greater than 30 but less than 70 and green for 70 or greater? |
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IT-Trader
Regular Joined: 10 Nov 2005 Posts: 23 |
Post Options Quote Reply Posted: 27 Apr 2006 at 3:19pm |
Short answer: I don't think so.
Long answer: If I understand your request, you want a single line indicator to change colour back and forth depeding on some other factor. In my case, it was CCI to be one colour while above 0, a different colour below 0. In your case, an ma in one colour if RSI is high, changes to another if middle, changes to another again if low. My understanding is that we're asking for the same thing and it isn't possible. Brendon - feel free to correct if I'm wrong!! Kind regards, ITT. |
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Alex
Newbie Joined: 12 Mar 2006 Posts: 9 |
Post Options Quote Reply Posted: 27 Apr 2006 at 11:41pm |
Thanks ITT Following my posting it occurred to me (as recently alluded to elsewhere in the forum) that we are using Bull Script not Bull Basic. Given my suggestion, it really doesn't require "an accompanying RSI graph" as there is no evident way to "link" the two charts. What is probably required is for the colour of the moving average to be conditional on the RSI value at each date.....if this is possible. Should this type of charting be achievable it would cut down some of the screen clutter in my case by dispensing with either separate charts or the overplotting of the price chart.
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zzkazu
Regular Joined: 05 Oct 2005 Posts: 27 |
Post Options Quote Reply Posted: 30 Apr 2006 at 10:05pm |
Alex, |
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