NexusFi: Find Your Edge


Home Menu

 





Volume Coloring


Discussion in Sierra Chart

Updated
    1. trending_up 1,193 views
    2. thumb_up 2 thanks given
    3. group 2 followers
    1. forum 2 posts
    2. attach_file 0 attachments




 
Search this Thread

Volume Coloring

  #1 (permalink)
 
jphillips9's Avatar
 jphillips9 
Anchorage Alaska
 
Experience: Intermediate
Platform: IRT, Sierra & TOS
Broker: Infinity/DTN-IQ, TOS
Trading: ES, 6E, Options
Posts: 21 since Apr 2011
Thanks Given: 7
Thanks Received: 10

I would like to color the volume bar maroon if the day closed lower than it opened and the volume is 30% greater or more than the prior day.

I would also like to color the volume bar blue if the day closed higher than it opened and the volume is 30% greater or more than the prior day.

The rest of the days I want colored just like they are by default, green for up and red for down.

I've looked through the studies and can't find one to make this happen. Is this possible in SC with a current indicator or do I have to have someone make it for me?

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
NexusFi Journal Challenge - April 2024
Feedback and Announcements
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
Request for MACD with option to use different MAs for fa …
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Retail Trading As An Industry
58 thanks
Battlestations: Show us your trading desks!
55 thanks
NexusFi site changelog and issues/problem reporting
48 thanks
What percentage per day is possible? [Poll]
31 thanks
GFIs1 1 DAX trade per day journal
29 thanks

  #2 (permalink)
 Sawtooth 
Prescott AZ USA
 
Experience: Advanced
Platform: SierraChart
Broker: Stage5, FCM:Dorman, Data:Denali, Routing:Teton
Trading: YM ES NQ
Posts: 474 since Nov 2009
Thanks Given: 216
Thanks Received: 603


jphillips9 View Post
I would like to color the volume bar maroon if the day closed lower than it opened and the volume is 30% greater or more than the prior day.

I would also like to color the volume bar blue if the day closed higher than it opened and the volume is 30% greater or more than the prior day.

The rest of the days I want colored just like they are by default, green for up and red for down.

I've looked through the studies and can't find one to make this happen. Is this possible in SC with a current indicator or do I have to have someone make it for me?

You can do this with two instances of the Color Bar Based On Alert Condition study, one for each color.

On the Settings and Inputs tab:
-Set the Based On to the Volume study
-Set the Chart Region to the same as the volume study
-Set the Output When Condition True to Use Input Data
-Set the Input Data to Volume

On the Subgraphs tab:
-Set the Draw Style to Bar
-Set the Width to the same as the Volume study

On the Alerts tab:
Maroon instance:
=AND(C<O,V>V[-1]*1.3)
Blue instance:
=AND(C>O,V>V[-1]*1.3)

Reply With Quote
The following 2 users say Thank You to Sawtooth for this post:
  #3 (permalink)
 
jphillips9's Avatar
 jphillips9 
Anchorage Alaska
 
Experience: Intermediate
Platform: IRT, Sierra & TOS
Broker: Infinity/DTN-IQ, TOS
Trading: ES, 6E, Options
Posts: 21 since Apr 2011
Thanks Given: 7
Thanks Received: 10



tomgilb View Post
You can do this with two instances of the Color Bar Based On Alert Condition study, one for each color.

On the Settings and Inputs tab:
-Set the Based On to the Volume study
-Set the Chart Region to the same as the volume study
-Set the Output When Condition True to Use Input Data
-Set the Input Data to Volume

On the Subgraphs tab:
-Set the Draw Style to Bar
-Set the Width to the same as the Volume study

On the Alerts tab:
Maroon instance:
=AND(C<O,V>V[-1]*1.3)
Blue instance:
=AND(C>O,V>V[-1]*1.3)

Thanks a bunch. If I lived in Prescott I'd buy ya a beer!

Started this thread Reply With Quote





Last Updated on May 23, 2013


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts