OHLC Red and Green in Tradestation 8.x

[sunilrohira]

I noticed that in Tradestation there are only green OHLC bars but an option to convert to Red and Green candlesticks. However, I need red and green OHLC bar charts. Can someone help. Also can you suggest 1. a good timer for bars and 2. Pivot point indicator. Thanks to all who respond in advance.

[UrmaBlume]

Right click on the price part of the chart - Select "Format Symbol" then select the "Style" tab - from there you can give OHLC bars any color you want.

[Tams]

Originally Posted by sunilrohira I noticed that in Tradestation there are only green OHLC bars but an option to convert to Red and Green candlesticks. However, I need red and green OHLC bar charts.

look up PlotPaintBar in the manual.
example is include.

Can someone help. Also can you suggest 1. a good timer for bars and 2. Pivot point indicator. Thanks to all who respond in advance.

there is a search button at the top right corner of this page.

[sunilrohira]

I dont think that the option of Right click followed by style- format works, since I did ask Tradestation tech support. Thank you but any other suggestions.

[UrmaBlume]

Originally Posted by sunilrohira I dont think that the option of Right click followed by style- format works, since I did ask Tradestation tech support. Thank you but any other suggestions.

I have been using Trade Station longer than any other customer. The right click, format symbol does work. This is a very basic operation that has been in effect for a very long time. You must have misunderstood support.

Here is a chart I just created with several different symbols, all OHLC charts. I changed the colors of the bars via right click - format symbol - style.

A paint bar will also color the bar but it is most often use as a conditional change in style. To just change the color a right click is the easiest.

[b4gt]

I think the OP means that he needs red down bars and green up bars. Like a candlesticks chart.

[UrmaBlume]

Originally Posted by b4gt I think the OP means that he needs red down bars and green up bars. Like a candlesticks chart.

Easy enough. Either plot candlesticks or use paintbar.

OP need a bit of learning on his chosen platform. If this low level stuff is a problem - he faces a bit of a learning cruve before he can access anything that approximates optimal application.

[sunilrohira]

B4gt, you are correct. Perhaps I was not clear in communicating my need.

Just wanted to mention that I have been on this forum for a while and do know how to trade reasonably well. I just needed red down and green up OHLC bars for a specific price action system. Otherwise I have a good trading plan that works for me.

I have red and green OHLC bars in Metatrader (Trading the Forex), but not Tradestation (Trading futures).

Also I was exploring other platforms and they have a way to trade right off the chart. For example MT4, but not Tradestation.

[Iris]

Sunilohira:
Let's take 1 thing at a time:
Because you compare to Candlesticks, I assume that you want the bar to be Green when C>O and Red when C<O (this is what all charting candlestick packages do - they "paint" the bar when this happens).
R click on the chart, not on a bar.
L Click on <Insert Analysis Technique>
L Click on <Paint Bar>
Check the box on the bottom right <Prompt For Format>
L Click on <Avg C < Avg Open>
Hold down the Ctrl Key and do the same for
<Avg C > Avg Open>
Click <OK>
Menu now will be on <Input> so Change to 1 (default is 14) which means one bar ago, and will be the same as a candlestick which changes color per every bar.
Click on the Color Tab and choose the color you want for that bar e.g. if it is the C>O then click on the green box.
Click OK and the next menu for the opposite will appear and do the same and choose your color.
Every now and then a bar will have the same open as the close = Doji
To manage this, R click on the bar, choose <Format Symbol>
Click on OHLC Bar and choose a color for the High/Low which is neutral e.g. DarkGray - do not choose black if the background color of your chart is black as the bar will then not be visible. Also choose the color for O and C.

Hope this helps.
Regarding Pivots - do you mean the Floor Trader Pivots or the recent support/resistance direction change "Pivot Points"?

[sunilrohira]

Thanks for the OHLC. I am still getting several neutral bars but most have converted to red/green. Floor trader Pivots are available as an indicator on Tradestation, but I am more interested in rolling hourly pivots and support / resistance lines.