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                                                   Colour the region between two moving averages

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Dev
2020-07-09 06:52:17


I am looking to colour the region between to moving averages in a indicator pane or price chart pane.
The colour in the region would alternate depending on whether the faster moving average is above the slower moving average and vice versa.
I have looked at the drawing tools but can't seen anything which would allow me to do this.


QuantShare
2020-07-09 12:07:35

  1

Drawing tools are used to draw something on a chart.
What you want to do is create a QS formula to be applied to a chart. Right click on the chart or pane, select "Edit Formula" then add the following formula then click on "Update Graph".

a = sma(10);
b = sma(50);
plot1(a, b, "", "", colorRed, colorTransparent, colorTransparent, ChartLine, StyleSymbolNone);
plot1(max(a, b), b, "", "", colorGreen, colorTransparent, colorTransparent, ChartLine, StyleSymbolNone);


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