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ForceIndex - Colour up/down
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Created: by perryg Attachments:3

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ForceIndex - Colour up/down

  #1 (permalink)
Rechovot
 
Trading Experience: Advanced
Platform: NinjaTrader
Broker/Data: CQG
Favorite Futures: Index,Currency and Energy futures
 
perryg's Avatar
 
Posts: 1,644 since Jan 2010
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ForceIndex - Colour up/down

I have attached the FORCEINDEX indicator, and would like someone to add code that will show me a change in colour when the line is ABOVE ZERO and a different colour when it is BELOW Zero.

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  #2 (permalink)
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  #3 (permalink)
East Rochester, NY
 
Trading Experience: Intermediate
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eDanny's Avatar
 
Posts: 329 since Jul 2009
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Here ya go


Fixed so it is using enums now and just commented out the old stuff. I should be easy to add in any other MA's you would like to use. Dan

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  #4 (permalink)
Rechovot
 
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Dan,

Absolutely perfect. Thank you

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  #5 (permalink)
Tampa, Florida, USA
 
Trading Experience: Advanced
Platform: NinjaTrader, Thinkorswim
Favorite Futures: fututes
 
Posts: 11 since Jun 2011
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I have attached the FORCEINDEX indicator, and would like someone to add code that will show me a change in colour when the line is ABOVE ZERO and a different colour when it is BELOW Zero for thinkorswim platform

#
# thinkorswim, inc. (c) 2007
#
declare lower;
input length = 13;
plot FI = ExpAverage(data = (close - close[1]) * volume, length);
FI.SetDefaultColor(GetColor(8));
plot ZeroLine = 0;
ZeroLine.SetDefaultColor(GetColor(5));

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  #6 (permalink)
boston, MA
 
Trading Experience: Intermediate
Platform: NinjaTrader, T4
Favorite Futures: 6E, ES
 
Posts: 51 since Nov 2011
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Wrong color when it crosses 0 and back?

Hey guys,

Is this the latest version of this indicator? I'm starting to play with it, but I find that it will change colors in real time but then revert the color if the next bar over crosses back the other way. This happens almost all the time if the cross is not very large, say less than +/- 0.2. I've seen it done as high as +/- 0.5.

For example, assuming calculate on bar close = TRUE, the force index crosses from long to short -0.2 on bar 1. The color now is red. The next bar closes and the force index crosses back to long 0.5. The color now is blue. You would expect the index to have gone red and then blue in the history of the graph, but I keep seeing it as just blue! As if it never went red...

This is a real issue for me as it's screwing me up on backtesting and throwing "fake" signals live, although I'm trying to compensate for it in some way. Any advice is deeply appreciated!!!

PS. here's a screenshot of what I mean, notice on the RIGHT SIDE how the index went well below 0, but the next bar over crossed up again and the red color is gone.

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  #7 (permalink)
bari/italy
 
 
Posts: 11 since Sep 2016
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there is a version for nt8?

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