volume bars

[cassy]

Hello,
looking for someone to write a formula to have the volume bars
corresponding with candlesticks with equal open and close to
in different
color then up or down volume bars.

[ACM]

cassy
The enclosed efs will do what you requested
Alex

function preMain() {

    setPriceStudy(false);
    setStudyTitle("Volume");
    setCursorLabelName("Volume", 0);
    setDefaultBarFgColor(Color.blue, 0);
    setDefaultBarThickness(1,0);
    setPlotType(PLOTTYPE_HISTOGRAM,0);
    
    var fp1 = new FunctionParameter("Source", FunctionParameter.STRING);
    fp1.addOption("Price");        
    fp1.addOption("Volume");
    fp1.setDefault("Price");
}

function main(Source) {
   
    if(Source=="Price"){
        if (close(0) < open(0))
            setBarFgColor(Color.red,0);
        else if (close(0) > open(0))
            setBarFgColor(Color.blue,0);
        else if (close(0) == open(0))
            setBarFgColor(Color.cyan,0);   
    }
    if(Source=="Volume"){
        if (volume(0) < volume(-1))
            setBarFgColor(Color.red,0);
        else if (volume(0) > volume(-1))
            setBarFgColor(Color.blue,0);
        else if (volume(0) == volume(-1))
            setBarFgColor(Color.cyan,0);
    }    
        
    return volume();
} 

[cassy]

volume bars

Thank you so much for the formula, unfortunately I am not capable to bring this to life ? Do you know about someone that
could help me out
Thank you

[ACM]

cassy
Attached is the same script saved as an efs file.
Click on the link and save the file to any one of the subfolders of Formulas. Once you have downloaded it right click the chart, select Formulas, navigate to the subfolder in which you saved the efs and click it.
Alex

[cassy]

volume bars

Hello,

Thanks a bunch for the formula, I managed to make it work.
One more think, how do I change the colors, so my up bars are
green, down red, and equals black?
Thanks

[ACM]

cassy
The attached revision of the efs adds color selectors for each condition. Once you have loaded the study in the chart right click the indicator pane, select Edit Studies and then select the desired color
Alex

[cassy]

volume bars

Hi Alex,

Just wanted to drop you THANK YOU note. I still can not believe
the help and service that I have received from you.
All your help has been very much apreciated, although my issue
with the volume bars might not seem like very important one,
it is very crucial for my trading style.
THANK YOU so much and keep up a good work.

Best Regards,
Cassy

[ACM]

Cassy
The pleasure is mine
Alex