Paint the Town Red
(MultiCharts EasyLanguage)

This indicator was written in MultiCharts.
I don't know if it works in tradestation.

This indicator "paints" the background color,
using a thick plot to mimic the background color property.

The background color will turn light green
when the price is trading above the moving average,
and pink when below.

The colors and moving average length are user adjustable.


check here for additional color values:
http://www.traderslaboratory.com/for...html#post62065

[aaa]

TAMS

Thank you for this very interesting trick

"Expand scale to indicator" is a new option in MC 5.xx

I use to plot histograms below the price like on the pix enclosed

Could it be possible painting only below the price instead of all screen ?

[Tams]

Originally Posted by aaa »

TAMS
Thank you for this very interesting trick
"Expand scale to indicator" is a new option in MC 5.xx
I use to plot histograms below the price like on the pix enclosed
Could it be possible painting only below the price instead of all screen ?

you sure can...

just change

plot1(c*4, "Bar High", paint.color);

to

plot1(LOW, "Bar High", paint.color);

.

[aaa]

one more thanks

In fact I'm still using MC 3.1 because I had stability problems with the next beta versions

I'm waiting for the official release to test it