Variables
C,B,D, absolute value of C/D, absolute value of B/D
C= previous day's open-previous day's low
B=previous day's high-previous day's close
D=previous day's close-previous day's open
if absolute value of D=0, make bar color yellow
loop
if C>B make bar purple
if C<B make bar orange
if absolute value of D>0
loop
if D<0
loop
if absolute value of C/D > absolute value of B/D, make bar yellow
if abolute value of C/D < absolute value of B/D, make bar red
end loop
if D>0
loop
if absolute value of C/D > absolute value of B/D, make bar green
if abolute value of C/D < absolute value of B/D, make bar yellow
end loop
That's it. But I also want to test these statements. Put them here
if D<0
loop
if absolute value of C/D > absolute value of B/D, make bar yellow
if abolute value of C/D < absolute value of B/D AND previous day's close<low of day before that, make bar red
end loop
if D>0
loop
if absolute value of C/D > absolute value of B/D AND previous day's close<high of day before that, make bar green
if abolute value of C/D < absolute value of B/D, make bar yellow
end loop
so basically we have two different indicators. The difference is jsut those statements added...thanks
C,B,D, absolute value of C/D, absolute value of B/D
C= previous day's open-previous day's low
B=previous day's high-previous day's close
D=previous day's close-previous day's open
if absolute value of D=0, make bar color yellow
loop
if C>B make bar purple
if C<B make bar orange
if absolute value of D>0
loop
if D<0
loop
if absolute value of C/D > absolute value of B/D, make bar yellow
if abolute value of C/D < absolute value of B/D, make bar red
end loop
if D>0
loop
if absolute value of C/D > absolute value of B/D, make bar green
if abolute value of C/D < absolute value of B/D, make bar yellow
end loop
That's it. But I also want to test these statements. Put them here
if D<0
loop
if absolute value of C/D > absolute value of B/D, make bar yellow
if abolute value of C/D < absolute value of B/D AND previous day's close<low of day before that, make bar red
end loop
if D>0
loop
if absolute value of C/D > absolute value of B/D AND previous day's close<high of day before that, make bar green
if abolute value of C/D < absolute value of B/D, make bar yellow
end loop
so basically we have two different indicators. The difference is jsut those statements added...thanks
Working towards CME membership