Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
OK, I give up. Shading a single channel is easy, but I cannot figure out how to shade multiple bands, like the 1/2/3 std dev above and below VWAP.
Someone please show me how to set the draw style graph settings so each standard deviation is a separate fill color, but stops filling on the top and bottom of last band.
One way is to use Transparent Fill Top and Bottom for each pair of standard deviation graphs. The colors shade over top of each other, but if you play around with the color selection it comes out looking pretty nice.
You can also add multiple instances of the VWAP study, and use Fill Top/Fill Bottom pairs of draw styles for one band in each instance. This gives you more control of the look.
The order they appear in the Studies To Graph List affects what is displayed on top. The lower ones in the list are painted on top of higher ones in the list.
Thank you @Xelaneb for providing the example. Where I was going wrong was top band = fill top, and I should have used fill bottom.
However, I still can't get it the way I want it.
I want the first band (SD1) around the VWAP to not be filled (just regular chart background), and then SD2 and SD3 to each have their own unique fill colors.
When I try making SD1 just a line, it gets filled in by SD2 fills.
Using multiple instances will give you this flexibility. You'll need one instance for the outer bands, one for the first band set to Fill Top/Fill Bottom with the same color as chart background, and a third for the VWAP line.
You could also do everything with one VWAP study and one Spreadsheet Study study.
OK thanks. It seems a bit odd to require multiple instances just to paint bands, but I'll let it slide I'll mess with this some more and let you know if I still can't figure it out.
If you want multiple fill areas, then you have to use multiple pairs of fill top/bottom. Then to draw a line, add another subgraph with a type of line. The order of the subgraphs is kind of important, as it draws sg1 first, then 2, etc. So you want a top/bottom, top/bottom, and line (line could be first, third or fifth in this example). For the line to be an outline of one of the fill areas, just assign it the same values as the top or bottom accordingly.
I don't think it can be done in one VWAP due to the order of the subgraphs. You can do it with a bit of a hack by adding moving averages study and writing over top the middle area with background color.
I'll mess with this some more and let you know if I still can't figure it out.