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Multiple colours on single indicator line

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Alex View Drop Down
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Post Options Post Options   Quote Alex Quote  Post ReplyReply Direct Link To This Post 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 View Drop Down
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Post Options Post Options   Quote IT-Trader Quote  Post ReplyReply Direct Link To This Post 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 View Drop Down
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Post Options Post Options   Quote Alex Quote  Post ReplyReply Direct Link To This Post 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 View Drop Down
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Post Options Post Options   Quote zzkazu Quote  Post ReplyReply Direct Link To This Post Posted: 30 Apr 2006 at 10:05pm

Alex,

why don’t you use a ribbon which sits under the graph.  Probably a workable compromise.

zzkazu

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