Hi
Good idea. I have another idea but it works or not i don't have any idea. It is
upto you. You have used same color between the bands irrespective of the price
up or down.
Can you make it that one when the price is above 20 SMA color between the bands
one color (let's say light green) and price is below 20 SMA color between the
bands (light red) another color.
Thank you...
Ajay
Don Lindberg <[EMAIL PROTECTED]> wrote:
For those of you who found the Colored Bollinger Bands useful, I have made a
slight change to make it a bit more eye appealing, by coloring area between
Bands.
Below find the code.
Enjoy,
Don Lindberg
-------------------- Cut Here -------------------------------------
//Colored Bollinger Bands with Price
_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g,
Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle |
ParamStyle("Style") | GetPriceStyle() );
_SECTION_END();
_SECTION_BEGIN("Colored Bollinger Bands");
pr=Param( "Period",20,0,100,1);
P = ParamField("Price field",-1);
Style = ParamStyle("Style") | styleNoRescale | styleNoLabel |styleDashed;
BBT=BBandTop(P,pr,2);
BBB=BBandBot(P,pr,2);
topcond = (Cross(BBT,C)OR C>BBT)AND Ref(C, -1)> BBT;
botcond = ( Cross(C,BBB))AND Ref(C, -1 < BBB);
bbtcolor = IIf( BBT> Ref (BBT, -1), colorDarkGreen,colorRed );
bbbcolor = IIf( BBB > Ref (BBB, -1), colorDarkGreen,colorRed );
Plot( BBT, "BBTop" + _PARAM_VALUES(), bbtcolor, styleLine|styleThick);
Plot( BBB, "BBBot" + _PARAM_VALUES(), bbbcolor, styleLine|styleThick );
PlotOHLC( BBT,BBT,BBB,BBB, "", colorRose,styleCloud );
Buy=botcond;
Sell=topcond ;
// If you feel there are too many arrows you can un-comment the next two
lines.
//Buy=ExRem(Buy,Sell);
//Sell=ExRem(Sell,Buy);
PlotShapes(shapeUpArrow * Buy, colorGreen, 0, L, - 10);
PlotShapes(shapeDownArrow * Sell, colorRed, 0, H, - 10);
_SECTION_END();
-------------------- Cut Here -------------------------------------
---------------------------------
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