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Date/Time: Sun, 24 Nov 2024 08:30:45 +0000



Post From: Change chart background color after loss threshold (e.g. -5%)

[2013-09-27 21:45:19]
Sawtooth - Posts: 4118
You can do this with the Spreadsheet Study study.

Add the Spreadsheet Study study
-give it a name in the Spreadsheet Name field
-set the Chart Region to 1
-check 'Draw Study Underneath Price Graph'
-set the K(SG1) Draw Style to Background, and choose color

On the spreadsheet:
-put this in cell K3:
=$J$10+$J$45<$H$1*(1-$H$2)
-put your acct balance in cell H1
-put your max % loss in cell H2
-format cell H2 for Percentage:
---right click in H2, choose Number Format, choose Percentage, choose 0%.

This will color the chart's background when the Open P/L + Closed Daily P/L is n% less than the acct balance.