Coloring of an indicator

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stefanols

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Joined: 29 Jul 2010
Location: Sweden
Posts: 8

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Topic: Coloring of an indicator
Posted: 14 Jan 2018 at 2:43pm

The visualisation was just what I was looking for.

Thanks and best regards stefan

maximo

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Location: Australia
Posts: 232

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Posted: 11 Jan 2018 at 10:04pm

An RSI(2) works as well as Bulkowski's CPI indicator on an index.
The idea is to Buy above the green line only when coming from the opposite red side.
It has a 66% probability of closing in the positive for the following day only.

[Description="RSI with CPI Bulkowski parameters"]
n := input("Time period",2,1);
nb:= n*2-1; {=wilder's smoothing }
Su:=Ma(If(C-Ref(C,-1) > 0, C-Ref(C,-1), 0),nb,E);
Sd:=Ma(If(C-Ref(C,-1) < 0, Ref(C,-1) - C, 0),nb,E);
rs:=100-100/(1 + (Su/sd));
rs;
rs1:=if(rs>=65,rs,65); rs2:=65;
rs3:=if(rs<=36,rs,36); rs4:=36;

[color=lime green; linestyle=dotted]
65;
[color=red]
36;
[name=RSI Top Fill; linestyle=fill; color=blue]
rs1; rs2;
[name=RSI Low Fill; linestyle=fill; color=blue]
rs3; rs4;

Edited by maximo - 11 Jan 2018 at 10:07pm

stefanols

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Posted: 27 Nov 2017 at 4:19pm

Anyone?

The other instrument can be anything AAPL etc. I am just after

hot to color the result.

Hi,

I am trying to make an indicator easier to read.

However it does not turn out as I would like.

I would like to have plot in green when above 65, red below 35 and the rest in black.

Hope that someone can assist. Thanks in advance BR Stefan

[target=Default;Horzline=80,15]

[tooltip= CPI Bulkowski, "36-64 Neutral, 65-100 Bullish, 1-35 Bearish,1-35"]

{Calculate the realtion between bullish and bearish CPI count}

symb := inputsymbol("Security","AAPL");

otherClose := LoadSymbol(symb, Close);

total := close+otherclose;

CPI :=(close)/total*100;

CPIBU := if(CPI >= 65,CPI,undefined);

CPIBE := if(CPI < 36,CPI,undefined);

CPINE := if(CPI >36 or CPI>65,CPI,undefined);

[linestyle=Line; width=2; color=green]

CPIBU;

[linestyle=Line; width=2; color=red]

CPIBE;

[linestyle=Line; width=2; color=black]

CPINE;

Edited by stefanols - 02 Dec 2017 at 8:11pm

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stefanols Members Profile Send Private Message Find Members Posts Add to Buddy List Newbie Joined: 29 Jul 2010 Location: Sweden Posts: 8	Post Options Post Reply Quote stefanols Report Post Quote Reply Topic: Coloring of an indicator Posted: 14 Jan 2018 at 2:43pm
	The visualisation was just what I was looking for. Thanks and best regards stefan

maximo Members Profile Send Private Message Find Members Posts Add to Buddy List BullCharts Guru Joined: 02 Sep 2006 Location: Australia Posts: 232	Post Options Post Reply Quote maximo Report Post Quote Reply Posted: 11 Jan 2018 at 10:04pm
	An RSI(2) works as well as Bulkowski's CPI indicator on an index. The idea is to Buy above the green line only when coming from the opposite red side. It has a 66% probability of closing in the positive for the following day only. [Description="RSI with CPI Bulkowski parameters"] n := input("Time period",2,1); nb:= n*2-1; {=wilder's smoothing } Su:=Ma(If(C-Ref(C,-1) > 0, C-Ref(C,-1), 0),nb,E); Sd:=Ma(If(C-Ref(C,-1) < 0, Ref(C,-1) - C, 0),nb,E); rs:=100-100/(1 + (Su/sd)); rs; rs1:=if(rs>=65,rs,65); rs2:=65; rs3:=if(rs<=36,rs,36); rs4:=36; [color=lime green; linestyle=dotted] 65; [color=red] 36; [name=RSI Top Fill; linestyle=fill; color=blue] rs1; rs2; [name=RSI Low Fill; linestyle=fill; color=blue] rs3; rs4; Edited by maximo - 11 Jan 2018 at 10:07pm

stefanols Members Profile Send Private Message Find Members Posts Add to Buddy List Newbie Joined: 29 Jul 2010 Location: Sweden Posts: 8	Post Options Post Reply Quote stefanols Report Post Quote Reply Posted: 27 Nov 2017 at 4:19pm
	Anyone? The other instrument can be anything AAPL etc. I am just after hot to color the result. Hi, I am trying to make an indicator easier to read. However it does not turn out as I would like. I would like to have plot in green when above 65, red below 35 and the rest in black. Hope that someone can assist. Thanks in advance BR Stefan [target=Default;Horzline=80,15] [tooltip= CPI Bulkowski, "36-64 Neutral, 65-100 Bullish, 1-35 Bearish,1-35"] {Calculate the realtion between bullish and bearish CPI count} symb := inputsymbol("Security","AAPL"); otherClose := LoadSymbol(symb, Close); total := close+otherclose; CPI :=(close)/total*100; CPIBU := if(CPI >= 65,CPI,undefined); CPIBE := if(CPI < 36,CPI,undefined); CPINE := if(CPI >36 or CPI>65,CPI,undefined); [linestyle=Line; width=2; color=green] CPIBU; [linestyle=Line; width=2; color=red] CPIBE; [linestyle=Line; width=2; color=black] CPINE; Edited by stefanols - 02 Dec 2017 at 8:11pm