Rafter Movtrend

[mlauber]

Hi

I'm looking for the following: if close of the bar < Rafter(18) movtrend color the bar red/if close of the bar >Rafter(18) movtrend color the bar navy.

http://www.tssupport.com/support/base/?action=article&id=1803

Thanks, Markus

[JayF]

Markus,

I would suggest referring to my reply to a similar request of yours. The general concept is similar to this request, and need only be ported to TS Support's code.

Also, I have moved this thread to the New Study Suggestions forum as it is more appropriate there, and adheres to our Custom Study Guidelines.

[mlauber]

Re: Reply to post 'Rafter Movtrend'

Hello JayF
Thank you for your answer. I tried hard but it doesn't work. Here is my
study; what is wrong with it?

/************************************************** *******
RafterCrossbar
************************************************** ********/

function preMain() {
setPriceStudy(true);
setStudyTitle("Movtrend Cross");
setCursorLabelName("Movtrend", 0);
setDefaultBarFgColor(Color.blue, 0);
setDefaultBarThickness(1,0);
}

function main(n) {
if(n == null)
n = 20;
var sum = 0;
var i = 0;
var mt = 0;

for(i = n; i > 0; i--)
sum += (i - (n + 1) / 3) * close(i - n);
wt = 6 / (n * (n + 1)) * sum
return wt;

if (C > Movtrend) {
setPriceBarColor(Color.navy);
} else if (C < Movtrend) {
setPriceBarColor(Color.red);
} else setPriceBarColor(Color.black);

return MA;
}



----- Original Message -----
From: <[email protected]>
To: <[email protected]>
Sent: Friday, August 29, 2003 7:33 PM
Subject: Reply to post 'Rafter Movtrend'


> Hello mlauber,
>
> ~~~~~~~~~~~~~~~~~~~~~~~~~~~~
>

[ACM]

Markus
Here is your formula with a few revisions and comments to illustrate the construct.
Alex

function preMain() {
    setPriceStudy(true);
    setStudyTitle("Movtrend Cross");
    setCursorLabelName("Movtrend", 0);
    setDefaultBarFgColor(Color.blue, 0);
    setDefaultBarThickness(1,0);
    setColorPriceBars(true);//this needs to be added to instruct the study to paint the bars

}

function main(n) {
 if(n == null)
  n = 20;
 var sum = 0;
 var i = 0;
 var mt = 0;

 for(i = n; i > 0; i--)
  sum += (i - (n + 1) / 3) * close(i - n);
 wt = 6 / (n * (n + 1)) * sum
 
 //wt is the Movtrend that is plotted via the return wt; found below
 
    if (close()>wt) //if close(this bar) is greater than wt then
    setPriceBarColor(Color.navy);
    else if (close()<wt) //else if close(this bar) is less than wt then
    setPriceBarColor(Color.red);
    else if (1==1) //else in any other case if 1 is equal to 1 (which is always true) then
    setPriceBarColor(Color.black);
 
 return wt; 
 }