I need help with an EFS

[Maxus]

Hi,

Can anyone help me to write the code for Price Oscillator: when PO makes a new high or new low for N bars (optional) it shows histogram in a different color.

See example:



Any help would be greatly appreciated.

Thank you!

[ACM]

Maxus
The example did not make it through. You may want to try again.
Alex

[Maxus]

Oops...

Curiously, I can't attach my example file...

[ACM]

Maxus
The file size may be too big. Try reducing it.
Also look at the efs in this post as I think it could be used to do what you are looking for. In that example the study used is the ADX but it can be easily substituted with the Price Oscillator (or any other study for that matter)
Alex

[Maxus]

Alex, thank you for advice but meant a little different thing

See example

[ACM]

Maxus
What are the conditions that change the colors of the histogram in the image you posted?
Alex

[Maxus]

Alex, I don't know exactly which criteria on my example chart (I found it on the internet) but I would like for Oscillator to change color when it makes a new high/low for N (ex. 100) bars.

I would appreciate any tips!

[ACM]

Maxus
Try the attached efs (which btw is based on the one I indicated in the link in my prior message).
All parameters for the Oscillator and the lookback period (default is 100) can be modified through Edit Studies
Alex

[Maxus]

Alex!

It is exactly what I need. I will continue study EFS...

Thank you very much!

[ACM]

Maxus
The pleasure is mine
Alex