Formula OHLC (Indicator)
Plots the expression Formula as an OHLC bar on a separate sub-graph. Because the OHLC indicator bars are built as live market data is received, this indicator is for use with live market data only and does not plot on historical bars.
Input Information
Name | Expression | Default | Description |
Formula | Numeric | RSI(C,14) | Calculation to use to build bars |
Baseline1 | Numeric | 70 | Reference line value if needed |
Baseline2 | Numeric | 30 | Reference line value if needed |
PlotBaseline1 | TrueFalse | true | Turn on reference line1 when true |
PlotBaseline2 | TrueFalse | true | Turn on reference line2 when true |
Plot Information
Number | Name | Default Color | |
Plot1 | FormulaOpen | Red | Plots the bar open tick |
Plot2 | FormulaHigh | Red | Sets the bar high point |
Plot3 | ForumulaLow | Red | Sets the bar low point |
Plot4 | FormulaClose | Red | Plots the bar close tick |
Plot5 | Baseline1 | Green | Plots the first optional reference line |
Plot5 | Baseline2 | Green | Plots the second optional reference line |
When applied to a chart, this indicator displays five plots in a separate subgraph from the price data. The OHLC bars will only plot from the current bar forward.
The plot lines will display only for new bars that are created after applying the indicator.