I am trying to create a 1-min Intrabar indicator that can make the bar change color dynamically based on the following criteria.

If the last traded tick is smaller than the midpoint of the 1-min bar range, the bar becomes red and green if last tick is greater than the mid point.

example in ES

1-min bar range:10

futures trading 4010

if next tick trades at 4003, the bar turns red automatically.

Conversely, if next tick trades at 4008, the bar turns green automatically.

Can someone please help ? Thanks a lot in advance.

I was looking at this function, but I can't figure out how to do it.

https://nexusfi.com/local_links.php?linkid=1125

This kind of study would be a Paint bar. Open powerlanguage editor and create a new paint bar. Paste the below code and verify the code (I built this in tradestation but shouldn't throw any errors). Then add the study to your chart.

 

Code

if Close >= (High - Low)/2 + Low then begin PlotPaintBar( High, Low, "Plot", Green ) ; end else begin PlotPaintBar( High, Low, "Plot", Red ) ; end ;