[v101]

I am attempting to code a Paintbar indicator, for use w/ my trading.
The goal for now is to just use a SMA, and when price is below the MA to plot the color of the bar RED, when price is above the MA to plot the color of the bar BLUE,

I have done this and it works, but my next task that I wanted to do, is to make it so that the first time price closes above the SMA, or below the color would be changed to yellow.....

Any idea on how to modify the code to support this??

Inputs: price(Close), SMA(12),
upColour(Blue), downColour(Red);

plotpb(high,low, "SMA");

{ Color criteria }
if (Value1 > Value1[1]) then
setplotcolor(1, upColour)
else if (Value1 < Value1[1]) then
SetPlotColor(1, downColour);

[Tams]

Originally Posted by v101 »

I am attempting to code a Paintbar indicator, for use w/ my trading.
The goal for now is to just use a SMA, and when price is below the MA to plot the color of the bar RED, when price is above the MA to plot the color of the bar BLUE,

I have done this and it works, but my next task that I wanted to do, is to make it so that the first time price closes above the SMA, or below the color would be changed to yellow.....

Any idea on how to modify the code to support this??

Inputs: price(Close), SMA(12),
upColour(Blue), downColour(Red);

plotpb(high,low, "SMA");

{ Color criteria }
if (Value1 > Value1[1]) then
setplotcolor(1, upColour)
else if (Value1 < Value1[1]) then
SetPlotColor(1, downColour);

just add the 2nd criteria, as you have described...

Inputs: price(Close), SMA(12),
		upColour(Blue), downColour(Red);

plotpb(high,low, "SMA");

{ Color criteria }
if ((Value1 > Value1[1]) 
and (Value1[1] < Value1[2]) )

or 

( (Value1 < Value1[1]) 
and (Value1[1] > Value1[2]) )

then 
	setplotcolor(1, Yellow);

ps. please use code tag when posting codes. It is the # key at the top of the message window frame.

[Tradewinds]

Originally Posted by v101 »

my next task that I wanted to do, is to make it so that the first time price closes above the SMA, or below the color would be changed to yellow.....

Any idea on how to modify the code to support this??

Inputs: price(Close), SMA_Lngth(12),
upColour(Blue), downColour(Red);

var: TheSMA(0), CurrentColor(0), ClosedOvr(False), ClosedUndr(False), FirstClsOvr(False), FirstClsUndr(False);

plotpb(high,low, "SMA");

TheSMA=AVERAGE(Close, SMA_Lngth);
ClosedOvr=Close > TheSMA;
ClosedUndr=Close < TheSMA;

FirstClsOvr = ClosedOvr[1] and ClosedOvr[2] = False;
FirstClsUndr = ClosedUndr[1] and ClosedUndr[2] = False;

If FirstClsOvr then 
	CurrentColor = 0
Else If FirstClsOvr[1] then
	CurrentColor = 1
Else if FirstClsUndr[1] then
	CurrentColor = -1;
	
{ Color criteria }
if CurrentColor = 1 then
setplotcolor(1, upColour)
else if CurrentColor = -1 then
SetPlotColor(1, downColour) else SetPlotColor(1, Yellow);

[kc8flq]

Raghee has what she calls a GRaB indicator coded and posted over at her blog.
It's set for the 34EMA but its easily changed.

[v101]

Thanks, I will check out the indicator, working with these suggestions, its getting closer to what I want, thanks everyone!!!