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Study for actual price direction ?
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Study for actual price direction ?

  #1 (permalink)
Trading Apprentice
CZECH REPUBLIC
 
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Study for actual price direction ?

hi,

is there a some working study which show actual direction of price ?

For example : Changing last bar color, changing chart background ..... something like that .......


Thanks
dave

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  #2 (permalink)
Trading for Fun
Merida, Yucatan, Mexico
 
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If you can define what you mean by "direction of price"' then yes, you can ring bells, change the color of the candle or background, and display a letter or symbol. For example, a moving average cross over can trigger any one of these. Give me an example of what you are looking for, and I can show you how to do it.


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  #3 (permalink)
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CenFlo's Avatar
 
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Here's an indicator that I threw together, basically a red light / green light on the movement of the market.

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  #4 (permalink)
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Phoenix AZ USA
 
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Try this:

-Add the Moving Average - Simple study.
-Set the Chart Region to 2 (or any >1)
-Set the Input Data to Last
-Set the Length to 1
-Set the Auto-Coloring to Based on Slope
-Set the colors
-Set the Draw Style to Background

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