OmniTrader Forum : Plug-ins for OmniTrader : profit bands colored based on slope

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OmniTrader Upgrade Forums Plug-ins for OmniTrader profit bands colored based on slope		Last Activity 9/18/2024 6:18 AM 4 replies, 1171 viewings

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panetmoto

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Subject : profit bands colored based on slope
Posted : 4/13/2022 9:30 AM
Post #48610

any way to get the vwap to color red when it is down sloping

Attached file : 4-12-2022 6-34-47 PM.jpg (470KB - 141 downloads)

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Barry Cohen

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Subject : RE: profit bands colored based on slope
Posted : 4/13/2022 9:52 AM
Post #48613 - In reply to #48610

Yes, you can use a formula like this to color red when one bar is at a lower level than the previous bar: Indicator < Indicator[1]

If you want a greater slope, you can add additional previous bars like this: Indicator < Indicator[1] AND Indicator[1] < Indicator[2].

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panetmoto

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Subject : RE: profit bands colored based on slope
Posted : 4/13/2022 10:00 AM
Post #48614 - In reply to #48610

thank you Barry

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panetmoto

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Subject : RE: profit bands colored based on slope
Posted : 4/13/2022 10:40 AM
Post #48616 - In reply to #48610

#Indicator

Return 0 ' Return the value calculated by the indicator
VWAP(1,1) < VWAP(1,1)[1] and VWAP(1,1) [1] < VWAP(1,1) [2]

here is what i have and says build failed

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Jim Dean

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Subject : RE: profit bands colored based on slope
Posted : 4/13/2022 11:00 AM
Post #48617 - In reply to #48616

Eliminate the #Indicator and Return lines.

All you need is the boolean script rule.

Apply it in the Color Chart definition.

Check Help for how that works.

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