Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Can color gradient be used for candle bars in NT7? If so, for example, what is the script for applying a gradient to a candle color if trend is up (or any other condition)?
Can you help answer these questions from other members on NexusFi?
Does this better enable you to read what the market is doing ... if so please elaborate ... or is this more for visual appeal?
For example, I synchronized the chart gradient I learned from the "Making Charts Pretty" thread to change depending on trend. It looked nice but it also served a function.
I look forward to your posting in the download section.
Thanks for your efforts!
I'm just a simple man trading a simple plan.
My daddy always said, "Every day above ground is a good day!"
We are old enough (yah, me too) to know that you can't put makeup on a pig, take her to prom, and expect her to dance too. Or, waxing the new truck and driving through the cow pasture knowing we have to go through a lot of manure and at the end we have s**t all over. But we put the make up on and wax the truck anyways, because they make you feel and look good, no matter the end results.
Now, back to the question; the chart I show uses the Stoch range to color the bars, as an experiment. I am still flirting with the idea which I think is cleaner than painting the background, it allows for more cow chips to put in the background.
But seriously, all is really needed is a clean simple chart to trade, or they say so. Color gradients (or abrupt changes) as you have shown, can visually provide information on some of the other things that if directly plotted can detract one from price action. Things like changes of trend, momentum, price levels, time zones, news windows, money management, etc., and almost for any kind of alerts. My initial thought was to use gradient on bars to switch between 4 trading zones that I have and at the same time keep the up and down bar colors. But I guess it can be applied to any decision making feature that one can imagine.
Thanks a bunch. Here is another interesting property of gradient color bars I just observed. You can visually see divergence between price and an indicator without actually plotting the indicator, if proper contrasting colors are used. Here I chose the RSI to show the effect.
Not yet, but it is so easy even a caveman like me can do it. My problem is trying to figure out how to use a different coloring scheme so that I can serialize.