it seems to work better on very low time frames, Meaning, if, for a particular bar, the prices 'Tick Count' is around the lower half of the bar, than the top half, it will turn Red. ![]() ![]() That the colour charts turn blue or red in relation to a moving average which is based on the wieght of the price relative to the high or low. Im sure there is a simpler way to explain. Im not sure how this average is writtin in code, but i do know it goes something like the difference between the number of ticks (regardless of time period) above the open ( or top half of bar) and the bottom half (or lower than the open). If there is more activity in the top half than the bottom, it turns blue. Meaning, if, for a particular bar, the prices 'tick count' is around the lower half of the bar, than the top half, it will turn red. People ve done some research and found that the colour charts turn blue or red in relation to a moving average which is based on the wieght of the price relative to the high or low. If you have tradestation, they're free on the forums OR you could easily code them yourself if you just read some easy language code.Ī moving average that changes colour when up/ down combined with heikin ashi bars. Is there any trade station code for gravity color bars
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |