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ValueTrader

Colour Bar EL Code

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I'm trying to build an EL code for colour bars. Losely based on Jerry's Shapiro effect entry stlye.

 

The basic idea is

 

if Current Bar H > last bar High then colour green

if Current bar L < last bar low then colour red

If CB H>LB H and CB L< LB L then colour black.

 

It would be good if it updated intrabar as the black changing to green or black would be a great alert to a move away from value.

 

 

Thanks

 

VT

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I'm trying to build an EL code for colour bars. Losely based on Jerry's Shapiro effect entry stlye.

 

The basic idea is

 

if Current Bar H > last bar High then colour green

if Current bar L < last bar low then colour red

If CB H>LB H and CB L< LB L then colour black.

 

It would be good if it updated intrabar as the black changing to green or black would be a great alert to a move away from value.

 

 

Thanks

 

VT

 

 

once a bar turned black... it cannot turn green again. because it is an OUTSIDE BAR

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Here is my fisrt attempt...

Inputs:

UpColor (Green),

DnColor (red),

UnCngColor (black);

 

Variables:

BarColor (0);

 

If Close > Close[1] then BarColor = UpColor

else

If Close < Close[1] then BarColor = DnColor

else

BarColor = UnCngColor;

 

Plot1(BarColor);

[code]

 

But it plots like a line and doesnt change the colour of the bar.

 

TAMS, I enjoy the cryptic nature of your replys. There was a typo in my original post...you didnt spot it...too quick to react! lol.

 

"It would be good if it updated intrabar as the black changing to green or RED would be a great alert to a move away from value"

Edited by ValueTrader

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once a bar turned black... it cannot turn green again. because it is an OUTSIDE BAR
...

TAMS, I enjoy the cryptic nature of your replys. ...

 

 

I have highlighted the OUTSIDE BAR for you.

unless you have something else in mind, if a bar is "outside" and colored black,

the other conditions no longer apply.

 

Maybe you can draw a mock up chart to explore all the color permutations?

...

If CB H>LB H and CB L< LB L then colour black.

 

It would be good if it updated intrabar as the black changing to green or black would be a great alert to a move away from value.

 

 

Thanks

 

VT

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Here is my fisrt attempt...
Inputs:

UpColor (Green),

DnColor (red),

UnCngColor (black);

 

Variables:

BarColor (0);

 

If Close > Close[1] then BarColor = UpColor

else

If Close < Close[1] then BarColor = DnColor

else

BarColor = UnCngColor;

 

Plot1(BarColor);

[code]

 

But it plots like a line and doesnt change the colour of the bar.

 

TAMS, I enjoy the cryptic nature of your replys. There was a typo in my original post...you didnt spot it...too quick to react! lol.

 

"It would be good if it updated intrabar as the black changing to green or RED would be a great alert to a move away from value"

 

ha... this code does not represent the concept you had in post #1.

 

[b][u]Close > Close[1[/u]][/b] is not the same as [b][u]CB H > LB H[/u][/b]

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Here is my fisrt attempt...

Inputs:
... 
Plot1(BarColor); 
[code]

But it plots like a line and doesnt change the colour of the bar. 
...[/quote]

what program you are using?

you have to plot ALL the data points.

ie.
[code]

plot1( High, "High", barcolor);
plot2( Low, "Low", barcolor);
plot3( Open, "Open", barcolor);
plot4( Close, "Close", barcolor);

 

alternatively, you can look up these keywords:

 

PlotPaintBar

PlotPB

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Sorry Tams. This post explains what im looking for

http://traderslaboratory.com/forums/showpost.php?p=16541&postcount=93

 

I tried the addtional code you suggested but ended up with four lines. I will soldier on and post the developments.

 

 

Thanks

VT

 

you are trying to run before walk.

I would suggest you to invest a few minutes of your precious time with the manual. It will pay big dividends.

Getting Started with EasyLanguage is the book you need if you're thinking about using EasyLanguage but don't know where to start. It is a easy to read primer, with plenty of examples and illustrations. After reading this book, you should be able to whip up any indicators at will.

 

 

Regarding the 4 lines, you need to format the plots as Bar High, Bar Low, etc.

Edited by Tams

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