PRC_Squeeze Light – As shadow in the chart behind the candle

• 10/16/2022 at 9:32 PM #202636
  jonpt88

  I was wondering if it would be possible to change the form of the “PRC_Squeeze Light” indicator from oscillator to a shadow behind the candle in question itself. Similar to the alpha-trend ” volatility squeeze” signal. Is that possible? I appreciate the signal will not coincide the idea is just the design.

  

  jonpt88

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  10/17/2022 at 8:24 AM #202654
  Nicolas

  Here is the modified code with the color fill between the bollinger bands in case of “Squeeze Light”:

  //PRC_Squeeze Light | indicator //07.11.2017 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge // --- settings bolPrd=21 bolDev=2.0 keltPrd=20 keltFactor=1.5 // --- end of settings diff = averagetruerange[keltPrd]*keltFactor stdd = std[bolPrd](close) bbs = bolDev*stdd/diff if bbs<1 then alpha=100 else alpha=0 endif colorbetween(average[bolprd]+boldev*stdd,average[bolprd]-boldev*stdd,"crimson",alpha) return

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  //PRC_Squeeze Light | indicator //07.11.2017 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge   // --- settings bolPrd=21 bolDev=2.0 keltPrd=20 keltFactor=1.5 // --- end of settings   diff = averagetruerange[keltPrd]*keltFactor stdd = std[bolPrd](close) bbs = bolDev*stdd/diff   if bbs<1 then alpha=100 else alpha=0 endif colorbetween(average[bolprd]+boldev*stdd,average[bolprd]-boldev*stdd,"crimson",alpha)   return

   

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  Nicolas

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  10/17/2022 at 9:45 AM #202667
  jonpt88

  Thank you Nicholas – this is so beautiful addition :), and I am honoured for your reply . You are truly the legend of this forum. Mercy Beaucoup!

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  jonpt88

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