Topics Profile Help Last 1|3|7 Days Search Forum Tree View

Thread   Start New Thread   Last Poster Posts Pages Last Post

Author Message  ohkoolnutz Member Username: ohkoolnutz Post Number: 645 Registered: 10-2005 Rating: N/A Votes: 0 Wednesday, August 15, 2007 - 06:03 pm:     The way IC implements the Candle colors makes no sense to me. It currently uses the algorithm: a) close less than open -> red b) close equal to open -> color of previous day c) close greater than open -> green If the previous day is red then a stock can close 8% higher and mark a DOJI in red even if the DOJI closes higher than the previous day's high. This would be an improved method: a) close less than open -> red b) close equal to open -> [ b_1) close less than previous close -> red b_2) close equal to previous close -> color of previous day b_3) close greater than previous close -> green ] c) close greater than open -> green (Message edited by ohkoolnutz on August 15, 2007) --- ohk Lies, Damn Lies and Technical Analysis  ohkoolnutz Member Username: ohkoolnutz Post Number: 646 Registered: 10-2005 Rating: N/A Votes: 0 Wednesday, August 15, 2007 - 06:06 pm:     I got the headline wrong. I meant Candle colors and not OHLC colors. --- ohk Lies, Damn Lies and Technical Analysis  colin_twiggs Member Username: colin_twiggs Post Number: 3006 Registered: 09-2002 Rating: N/A Votes: 0 Thursday, August 16, 2007 - 02:58 pm:     OHK, Thank you for the suggestion. We will consider this, but I cannot promise that the change will be any time soon. Regards, Colin  mountainman Member Username: mountainman Post Number: 2 Registered: 08-2003 Rating: N/A Votes: 0 Sunday, September 30, 2007 - 08:16 pm:     The color problem does apply to OHLC too. If there is a higher high and a higher low than the previous day then that should be regarded as an UP day, irrespective where the stock closed, and should be shown in green. The opposite obviously applies where there is a lower high and a lower low. Currently there might be a red OHLC even when the stock made a new high, because the close was below the previous close. This works where the focus is only on the close and not on the day's trading range. Perhaps there is a way to select whether the focus (and color) should be on the close or the trading range? Thanks  colin_twiggs Member Username: colin_twiggs Post Number: 3025 Registered: 09-2002 Rating: N/A Votes: 0 Tuesday, October 02, 2007 - 02:59 pm:     OHLC colors are based on closing price. Where closing price (today) equals closing price (yesterday) we show the same color as yesterday's bar. Regards, Colin

Add Your Message Here Post: -Color- Black Red Green Blue Yellow Purple Orange Cyan Gray White -Font- Arial Courier Symbol Times Verdana -Size- Smallest (-2) Small (-1) Normal Large (+1) Largest (+2) Username: Posting Information: This is a private posting area. Only registered users and moderators may post messages here. Password: Options: Enable HTML code in message Automatically activate URLs in message Action:

Other Threads     Last Poster Posts Pages Last Post Hybr snowypaws_0028 1  1  30-Apr-08  12:04 pm Is this a H & S ? hershy 50  1  30-Mar-08  11:48 am Recognising Current Market Trend dug 4  1  24-Mar-08  11:13 am Bollinger Band Squeezes nzdunic 3  1  04-Feb-08  08:25 pm Drawing Trend Lines mamun 11  2  08-Jan-08  07:49 pm Stirrup Trade - Coyotte coyotte 7  1  04-Jan-08  10:26 am Stock screener double top critera willmac 1  1  09-Dec-07  12:08 pm 3 to 1 Reward/Risk Trading? gdd3 7  1  20-Nov-07  06:49 pm Elliott Wavest's coyotte 12  1  30-Jul-07  09:21 am Crocodiles and Sea-horses hilarius 2  1  22-Jul-07  02:09 pm

Threads by Last Post Time:

First Previous 50 51 52 53 54 55 56 57 58 59 Next Last

Administration   Log Out     ««  Previous  Next  »»