Support Board
Date/Time: Sat, 13 Dec 2025 03:53:16 +0000
[User Discussion] - Key reversal bar using Colour bar based on alert condition (or similar)
View Count: 1906
| [2015-03-04 18:08:41] |
| User96105 - Posts: 113 |
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Can anyone help with the correct code for this please? I want to show a bar colour change (or an arrow etc) to show key reversal bars ~ where in a downtrend the low is lower than the previous bar, but the close is within the top half of the bar (and conversely up bars). Many thanks. |
| [2015-03-04 21:46:28] |
| Sawtooth - Posts: 4299 |
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Try this: =AND(L<L[-1],C>(H-L)/2) |
| [2015-03-05 11:12:27] |
| User96105 - Posts: 113 |
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Great, thanks Tom, you set me on the right track. This seems to work for a close in the top/bottom 1/3rd of the bar:- =AND(L<L[-1],C>(H-(H-L)/3)) for a bottom reversal and =AND(H>H[-1],C<(L+(H-L)/3)) for top reverse |
| [2020-10-16 14:55:48] |
| User616224 - Posts: 6 |
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Hi, I would like to have Key Reversal indicator, but I can't program, so I don't know where should I put that code. Don't you please have the *.cpp file of it?
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| [2020-10-16 15:18:04] |
| Sawtooth - Posts: 4299 |
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Add two instances of the Color Bar Based On Alert Condition study, and put each formula in post#3 on the respective Alerts tab of each.
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| [2020-10-16 16:01:22] |
| User616224 - Posts: 6 |
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I got it. Works beautifully. Thank you!
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