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Shade between 2 indicators


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Shade between 2 indicators

  #1 (permalink)
 diverdan 
Singapore
 
Experience: Beginner
Platform: Multicharts, R
Trading: EUR / USD
Posts: 185 since Feb 2010
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Hi

New to Easy Language: I am trying to shade between two moving averages.

Any one know how to do this?

Thanks.

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  #3 (permalink)
 MooreTech 
Orlando, Florida
 
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diverdan,
Unfortunately TradeStation doesn't provide an easy way to do this. The only way that I've found is quite the pain. You must create a plot for each region you would like to shade. Under plot styles, make these plots histograms. You will have to create these plots in a certain order so that they properly color over each other. Once you have set all of your histogram plots, you will then have to re-plot the price bars, since they will be covered up by your histogram plots.

Hope this helps!


diverdan View Post
Hi

New to Easy Language: I am trying to shade between two moving averages.

Any one know how to do this?

Thanks.


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  #4 (permalink)
jsoctus
Hartford + CT/United States
 
Posts: 2 since Sep 2013
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While it's nowhere near perfect, you can create at least somewhat of a shaded region quite easily, using the bar high and bar low plot types. That is, rather than plot it as a line, plot it as a bar high / bar low. Plot EMA1 as Bar High and plot EMA2 as Bar Low. These are configured via the properties window, chart style. That is, rather than choose a plot style of line, point, cross, etc., choose the bar high and bar low types.
Hope that helps.
John

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