Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users
Joined: 3/9/2007(UTC)
Posts: 35
Thanks: 1 times
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I'm a user of both Metastock Version 7.0 & 8.0
I'm tried to build up my own custom indicator but have myself got confused.
Actually the indicator creates 2 lines that runs pretty close to each other making it extremely difficult for me to analyse visually if a "crossover" has been made between the two lines.
I tried coding with colors but all in vain. Anyone please help me in coding colors over them.
The formula (as i tried myself using in Indicator Builder) is as under:
B:=Mov(O,35,E);
R:=Mov(C,35,E);
B; {blue line}
R; {red line}
Please rectify my mistakes as it must be done in the above formula.
Regards,
Nishant
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 3/7/2005(UTC)
Posts: 1,346
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hey nishant.... i won't say you can't program colors in metastock but i can say it's not worth the work involved....
in your case it would be best to create a chart where you have set your colors , then save that chart as a template.... next time, rather than applying the indicator, just apply the template.... your colors will be applied as you have set them previously.....
also when plots are so close like in your indicator, sometimes it's best to plot as a binary wave.... makes the crosses stand out......h
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B:=Mov(O,35,E);
R:=Mov(C,35,E);
If(b>r,1,0);
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Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users
Joined: 3/9/2007(UTC)
Posts: 35
Thanks: 1 times
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Thanks for the suggestion hayseed...
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