Traders Laboratory - View Single Post - Smoothing out price
View Single Post
  #8 (permalink)  
Old 07-25-2007, 08:32 AM
feb2865 feb2865 is offline
feb2865 has no status.

 
Join Date: Oct 2006
Posts: 161
Thanks: 0
Thanked 3 Times in 2 Posts
Re: Smoothing out price

Quote:
View Post
Ok Raul let me get this clear... re-paint or change color...

once the bar closes does it stays on that color and never changes again color ?

A healthy paint bar is this : it may change color while the bar is still working, once it is closed, the color should not change any more for that "past/ closed" bar....

A Tricky paint bar wil "re-paint" that means that even thought that bar already has closed, maybe some time in the future it will be plotted on a diferent color... in that case historical information on chart its not reliable...

So again my question : does it re-paint ( tricky) or does it stay the color for good (reliable) ? cheers Walter.
Short answer - yes stay the color once the bar closes...doesn't change in the future

Reply With Quote