Analysis Techniques & Strategies

image\insert_paintbar.gif Cust Gradient - Bnd (PaintBar)

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Input Information

Name Expression Default Description
Formula Numeric FastK(14) Bounded value to plot.
LowerBound Numeric 0 Lower range allowed for the bounded value.
UpperBound Numeric 100 Upper range allowed the bounded value.
UpColor Numeric Cyan Color to use for indicator values that are relatively high over ColorNormLength bars.  Set to -1 to disable gradient color plotting.
DnColor Numeric Magenta Color to use for indicator values that are relatively low over ColorNormLength bars.  Set to -1 to disable gradient color plotting.

Description

Displays bounded values (those having a pre-deteremined range)  as color gradient PaintBars.

Formula should be a "bounded" expression - an expression that has a determinate range.  An expression like:  FastK( 14 ) is a "bounded" expression - this expression evaluates to a value that must be between 0 and 100.

You may customize this PaintBar to test your own ideas by substituting the default Formula expression with your own. For example, if you wanted to paint RSI (Relative Strength Index), substitute RSI(Close,14) for the default Formula expression of FastK(14).

Related Functions

None