Specifically, I'm wondering if MS has an ability to color the area between two bands, as illustrated in the July 2006 issue of Technical Analysis of Stocks & Commodities magazine, pages 50 and 78 in a discussion of Wilson Relative Price Channels. Without commenting on the merits of the Wilson technique, it would be useful to have this ability at times - see how it highlights the Bullish range and the Bearish range. Have checked the MS manual and Properties settings for bands but can't find any way to do it, nor do I see anything in the TASC code listings, although it's shown for other TA software platforms. For those who don't have the magazine, picture (for example) coloring in the area between the upper Bollinger Band and the moving-average line. If it's not possible, I'd vote for putting it on the MetaStock Wishlist, along with a simple way to specify colors +/- a specific point (like green/red for MACD Histogram +/- 0).

Try this "Boll Band filler" indicator: [code:1:9bad6a4d15] {©Copyright 2002~2006 Jose Silva. For personal use only. http://www.metastocktools.com } { User inputs } pds:=Input("Bollinger Bands periods",1,2520,21); dev:=Input("BB Std Deviation",0,10,1); { Boll Bands } band1:=BBandTop(C,pds,S,dev); band2:=BBandBot(C,pds,S,dev); { Boll Bands filler } even:=Frac(Cum(1)/2)=0; filler1:=If(even,band1,band2); filler2:=If(even,band2,band1); { Plot on price chart } filler1; { <- Bright Green } filler2; { <- Bright Green } band1; { <- Red } band2; { <- Blue } [/code:1:9bad6a4d15] jose '-)

No need.... because you beat me to it!! ;) And, just for good measure I should update this shading code that I was playing with ages ago, to refine its logic... --8<---------------------------------------- {Shaded Regions} {shades the region between two lines} x0:=Mov(C,10,S); {line 1} x1:=Mov(C,200,S); {line 2} even:=Mod(Cum(1),2)=0; If(x0>x1,If(even,x0,x1),x0); If(x0>x1,If(even,x1,x0),x0); If(x1>x0,If(even,x0,x1),x1); If(x1>x0,If(even,x1,x0),x1); x0;x1; --8<---------------------------------------- wabbit :D

I can't remember the exact pattern, but I added the extra lines to allow for two lines inside the "shaded region" with the two envelope lines. I used to have something like your code, but found that if I got the combination of colours, line styles and weights right, I ended up with something that looked much more funky... It wasn't any more useful... just more fun to look at! wabbit :D

Hi,

Is it possible the restrict the Shaded Region betwen "horizontal line 1" & "horizontal line 2"

to say the last 50 days of the Chart ( if Cum(1)=Lastvalue(cum(1)-50) }

{Shaded Regions}
{shades the region between two lines}

-----------8<----------------------------------------------

Line1:=Input("horizontal line 1",0.65,15000,970);
Line2:=Input("horizontal line 2",1.00,15000,934);
x0:=Line1;
x1:=Line2;

even:=Mod(Cum(1),2)=0;
If(even,x0,x1);
If(even,x1,x0);

x0;x1;

---------8<-------------------------------------------------

Kind regards,

Derek