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How to set candlestick to normal style?

Last post 09-16-2009, 21:43 by wuming79. 7 replies.
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  •  09-12-2009, 19:41 30696

    How to set candlestick to normal style?

    My candlesticks are display in Trend style. Up candle saw some hollow and filled ones while down candle also saw some hollow and filled ones. Does anyone knows how to change to the normal candlestick style like up candle is hollow and down candles are filled? I'm using Metastock 9.0.
  •  09-13-2009, 0:41 30702 in reply to 30696

    Re: How to set candlestick to normal style?

    This might be caused by the expert advisor you're using.
    Click on the Expert Advisor icon, double click the current one, go to highlights and uncheck everything.
  •  09-13-2009, 7:55 30707 in reply to 30702

    Re: How to set candlestick to normal style?

    Hi, I did not attach any Expert Advisors. There is nothing to uncheck too. How do I attach pictures on this forum?
  •  09-13-2009, 8:16 30708 in reply to 30707

    Re: How to set candlestick to normal style?

    Just publish a link to your screenshot.
    You can host it on imageshack.us


    Edit : after clicking reply, you can also go to "Options" and add an attachment.
  •  09-14-2009, 3:37 30717 in reply to 30708

    Re: How to set candlestick to normal style?

    Hi,

    I want to make all my bear candles filled and all bull candles unfilled like normal candlestick charts. I'm seeing the circled areas in my Metastock. Does anyone knows how to change this?

  •  09-16-2009, 3:00 30734 in reply to 30717

    Re: How to set candlestick to normal style?

    Is this a limitation of Metastock 9.0??
  •  09-16-2009, 14:25 30741 in reply to 30717

    Re: How to set candlestick to normal style?

    The Up/Down colors in the Price Properties are not based on candlesticks.  The are based on looking at the Current Close Price compared to the Previous Bar Close Price.

    Candlesticks are hollow or solid based on the Open to Close relationship, not the close to prior close relationship, so using these up/down colors to color candlesticks will not be accurate.

    You would need to accomplish the appropriate coloring by using an Expert Advisor with Highlights defined accordingly.  The Equis - Candlesticks Expert has these highlights already (although they are unchecked in the Expert properties).

    If you were to add these bar highlights to an existing or new expert advisor, you would do the following:

    -Open a New Expert Advisor or Edit an Existing Expert (non-password protected)
    -Click the "Highlights" tab
    -Click New
    -Give the Highlight a name, i.e. "Hollow Candle"
    -Pick an appropriate color for the highlight (i.e. Green)
    -In the formula box, simply put:  C > O
    -Click Ok
    -Click New
    -Give the Highlight a name, i.e. "Solid Candle"
    -Pick an appropriate color for the highlight (i.e. Red)
    -In the formula box, simply put:  C < O
    -Click Ok

    Whenever you attach that expert to a chart, the bars should highlight accordingly.  I recommend changing the Up/Down colors in the actual Price Properties to Black/Black and just let the expert advisor handle it.
  •  09-16-2009, 21:43 30745 in reply to 30741

    Re: How to set candlestick to normal style?

    Hi Justin, It works!!! thanks!!
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