Change arrow color in realtime according to a condition

• 02/23/2023 at 9:17 AM #210233
  pippone1987

  Dear,

  I would like to build my own indicator that uses the “islastbarupdate” to draw an arrow (upward or downward) according to the trend during the creating of the last candle. In addition to that I would like to change the color of that arrow during the last bar in this way:

  when the new bar open and the price stays above the closing of the previous one the arrow is yellow, after having the yellow arrow (and only after having this first condition satisied) if the price goes below the close of the previous one the arrow shall become red.

  Is it possible? I try different way but without success, I’m not able to control the sequence with the flag variable

  flag=0 if islastbarupdate then while (low >= close[1]-1 and close[1]>open[1] and flag=0) do DRAWARROWDOWN(barindex, high+5) COLOURED(255,215,0) flag=1 break wend while (flag=1 and close<open-1) do DRAWARROWDOWN(barindex, high+5) COLOURED(255,0,0) flag=3 break wend endif

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  flag=0   if islastbarupdate then while (low >= close[1]-1 and close[1]>open[1] and flag=0) do DRAWARROWDOWN(barindex, high+5) COLOURED(255,215,0) flag=1 break wend   while (flag=1 and close<open-1) do DRAWARROWDOWN(barindex, high+5) COLOURED(255,0,0) flag=3 break wend   endif

   

   

  

  pippone1987

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  02/23/2023 at 11:01 AM #210250
  JS

  Hi @Pippone1987

  Maybe you can use this as a starting point…

  Change Arrow colour

  DefParam DrawOnLastBarOnly=True If Close > Close[1] and Close > Open[1] then DrawArrowUp(BarIndex, High+5) Coloured("Yellow") EndIf If Close < Open then DrawArrowDown(BarIndex,High+5) Coloured("Red") EndIf Return

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  DefParam DrawOnLastBarOnly=True   If Close > Close[1] and Close > Open[1] then DrawArrowUp(BarIndex, High+5) Coloured("Yellow")   EndIf   If Close < Open then DrawArrowDown(BarIndex,High+5) Coloured("Red") EndIf   Return

  

  JS

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  02/23/2023 at 3:17 PM #210281
  pippone1987

  Ok

  I’m going to perform some test to understand if it fits the intended behavior.

  Thanks @JS

  1 user thanked author for this post.

  JS

  

  pippone1987

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