Support Board
Date/Time: Mon, 23 Dec 2024 01:04:39 +0000
Post From: Freelancer needed
| [2015-05-18 16:43:48] |
| EuropeanTrader - Posts: 290 |
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Hi, I would like to have my bars colored in Sierra per following requirements. If you can do that for me, please let me know. I am willing to pay 25$. Thank you. ........................ RULES FOR SWING HIGH AND LOW COLORING: 1. Swing high turns into a swing low and into a swing high and into a swing low etc. It must be this simple order so it cannot be a swing high and another swing high until there is a swing low. Simple but very important. 2. There is no "finished" swing as long as previous one is not confirmed. 3. What counts as a swing? Swing high definition: middle bar is the highest surrounded by at least 2 lower bars on each side. There can also be two middle bars the same height (max. 2) but they still need to be surrounded by two lower bars on each side. The opposite holds true for Swing low criteria. 4. There is one indicator that needs to be taken into account and its called Average true range (14). If swing is smaller then 1ATR of that exact time frame at the moment of calculation, then the swing does not exist and is ignored. That's it. Let's say leg into Swing high is colored blue/green and leg into Swing low is colored red. Unfinished leg is colored black (colors should be adjustable just in case of chart background color changes). ........................... |