MACD histogram color scheme

[ACM]

sotsot
The formula in and of itself is actually working however it seems that the forum is corrupting it during the download process.
You can find a functional link to the formula [and the formula itself] here
Alex

Hi Guys,

I know that this post is really old, but I wonder if somebody has a working version for macdcolorhist.efs for the last esignal ver 12.
I tried to install the one that I found here but with no luck, is not working.

Cheers

[sotsot]

Hi Guys,

I know that this post is really old, but I wonder if somebody has a working version for macdcolorhist.efs for the last esignal ver 12.
I tried to install the one that I found here but with no luck, is not working.

Cheers

[ACM]

Robert
Lines 14 and 15 of the last formula Jason posted

setDefaultBarFgColor(Color.blue, 1);
setDefaultBarFgColor(Color.red, 2);

Alex

[Robert Dee]

Thanks Jason,


Is there a way to change the colors of the 2 moving averages?

If so how?


Robert

[eSignal_JasonK]

Hello Robert,

Here is an updated version of MACDColorHist.efs that will allow you to specify the colors for the histogram through the "Edit Studies" option. The default colors are green for rising and red for falling. Here is a list of the valid color inputs you may use. These colors are case sensitive in the formula so be sure to enter them as they appear below.

aqua
black
blue
brown
cyan
darkgreen
darkgrey
fushcia
green
grey
khaki
lightgrey
lightyellow
lime
magenta
maroon
navy
olive
paleyellow
purple
red
teal
white
yellow

[brianb]

Jason,

Can this efs be written so as to easily allow the user to adjust the color variables when using the edit studies option if right clicking the chart?

The reason I ask is that I need to be able to adjust the colors of the variables so they are easily read when this efs is applied to many different colored chart backgrounds.

Ideally the same options available to the Basic Studies MACD would be available for adjusting.

Thank You,
Brian

[eSignal_JasonK]

Hello Robert,

Here is a custom formula that will color the MACD Histogram to reflect the rising (green) and falling (red) values. The inputs for this study are all configurable from the "Edit Studies" option. The defaults are as follows:

nFast: 12
nSlow: 26
nSmoothing: 9
PriceSource: Close
nType (true/false): false

MACDColorHist.efs

[Robert Dee]

How do i change color of MACD histogram such that the bars are red when falling and green when rising.