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Market mode coulor
Started:October 2nd, 2016 (01:00 AM) by Loop Views / Replies:55 / 2
Last Reply:October 4th, 2016 (05:42 AM) Attachments:0

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Market mode coulor

Old October 2nd, 2016, 01:00 AM   #1 (permalink)
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Futures Experience: Intermediate
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Market mode coulor

Hello Traders

I use ATR% (x) as a market volatility mode indicator. I calculate it for an asset (stock) and then divide it into lowest 5% = very quiet, 20 % lowest - Quiet, 5% highest = very volatile, 20% highest = Volatile and the rest 50% as normal.

Is it possible to have the whole chart in different colour for the different modes?

Kind regards


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Old October 2nd, 2016, 01:00 AM   #2 (permalink)
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Old October 4th, 2016, 05:42 AM   #3 (permalink)
Hamburg Germany
Futures Experience: Advanced
Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
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Favorite Futures: ES
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you can't conveniently color a chart in Multicharts, but you can accomplish what you have in mind. However you will likely have to play around with the order of the plots and the plot style (histogram, bar high and bar low) a bit, to get the result that you want.



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