Code for trending candlesticks?

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03/16/2019 at 5:23 PM #93860 quote

DAVE50
Participant

New

Hi, is it possible to code the candlesticks to color code for trends? For example, a formula is once price has crossed up and remains over the 8 SMA the candlesticks then all get painted in green as long as still above 8 sma and then the exact opposite ( red) for sells?

Thanks

03/16/2019 at 11:20 PM #93874 quote

robertogozzi
Moderator

Master

Maybe these links may be of help:

https://www.prorealcode.com/reply/88141/

https://www.prorealcode.com/topic/aiuto-per-piccola-modifica-codice/#post-65525

03/17/2019 at 12:04 AM #93877 quote
Vonasi
Moderator

Master
Is this what you mean?
```
r = 128
g = 0

if close > average[8] then
r = 0
g = 128
endif

DRAWCANDLE(open,high,low,close) COLOURED(r,g,0) BORDERCOLOR(0,0,0)
```
03/17/2019 at 8:29 PM #93904 quote

DAVE50
Participant

New

Hi Vonasi, basically yes it should be ok. But when I tried to load on the candlesticks don’t display correctly and how do I get them to go on to my main price window?

Any way to fix?

I will attach screenshot to try explain.

Thanks again

TREND-CANDLES-SS.png

03/17/2019 at 8:39 PM #93906 quote

DAVE50
Participant

New

I think the settings are ok, It’s just the actual candlsticks are not the correct shape – looking more like renko or range bars

03/17/2019 at 10:40 PM #93907 quote

Vonasi
Moderator

Master

I don’t understand why you are getting that result. It looks like you have the open,high,low,close mixed up in the code.

I forgot to include the last line of the code which should be RETURN but I guess you added it yourself!

To get the candles on the price chart click on the spanner on the price chart and add the indicator from there. When I do this I get this:

[attachment file=93908]

Screenshot_2.png

03/19/2019 at 12:56 AM #93985 quote

DAVE50
Participant

New

Hi, I tried over 10 times and it still does not display the ope high low etc

I simply copy and paste and added the RETURN

Can you give me a very step by step? somehow its going wrong

Thanks

03/19/2019 at 9:22 AM #93995 quote

Vonasi
Moderator

Master

Which version of PRT are you using? Maybe it only works correctly on v10.3 and you are using an earlier version? I only have v10.3 so I can’t confirm this.

03/20/2019 at 12:14 PM #94153 quote

DAVE50
Participant

New

Hi, yes it’s 10.3 too

It’s ok to copy and paste the code?

03/20/2019 at 1:51 PM #94161 quote

Vonasi
Moderator

Master

Yes copy and paste should work just fine. Create a new indicator with the copy and paste and then apply that indicator to the price chart via the spanner in th ecorner of it. The candles should simply be drawn over the top of the ones in the price chart.

I have also just noticed that this is an indicator question but you posted in the ProScreener forum. I will move it to the correct forum. Please try to post in the correct forum with future topics.

03/20/2019 at 6:06 PM #94183 quote

DAVE50
Participant

New

Hi again. I have attached the code and result not working.

Any idea?

Thanks

CODE.png CANDLES-NOT-CORRECT.png

03/20/2019 at 6:44 PM #94188 quote
Vonasi
Moderator

Master
It is difficult to see the candles as you are using a black background and I set the outline colour to be black so it also makes the tails this colour. Try this code:
```
r = 128
g = 0
 
if close > average[8] then
r = 0
g = 128
endif
 
DRAWCANDLE(open,high,low,close) COLOURED(r,g,0) BORDERCOLOR(r,g,0)
```
You can also add the indicator as a separate indicator and so be able to directly compare how the candles look compared to the normal price chart candles.
03/20/2019 at 9:01 PM #94199 quote

DAVE50
Participant

New

Working now. Thanks very much 🙂

11/05/2020 at 5:51 PM #149566 quote

DAVE50
Participant

New

Hi, further to your excellent help with displaying “trending candlesticks” i.e when price is staying above 8 moving average to stay green regardless of actual sell or buy and red below the 8 MA for sells…

Is it possible to display a brighter green candle for the candles that actually close bullish/ buy and brighter red for the proper sell candles?

Thanks very much in advance.

trend-candle-example.png

11/05/2020 at 8:25 PM #149588 quote
Vonasi
Moderator

Master
Try this (not tested):
```
r = 128
g = 0
 
if close > average[8] and close < open then
r = 0
g = 128
endif
 
if close > average[8] and close > open then
r = 0
g = 255
endif

if close < average[8] and close < open then
r = 255
g = 0
endif

DRAWCANDLE(open,high,low,close) COLOURED(r,g,0) BORDERCOLOR(r,g,0)

return
```
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