repo32

Background Up or Down

This script will color the background based upon whether it is positive or negative for the day. When looking at numerous charts, you can instantly see if they are up or down for the day. For me, I like to be going long on the stocks that are already moving up and short on the ones that are moving down. When using lower time frames, you can lose perspective of where it is on the daily chart .

On the example above, you can see a 5 minute chart of NFLX             . It shows you when it dropped below the previous days close.
Remove from Favorite Scripts Add to Favorite Scripts
//Created by Robert Nance 11/19/15
//This script simply colors the background when price is above or below the previous day close.
//Works nice for seeing if the stock is up or down for the day.
study(shorttitle="UP/DN", title="Background Up or Down", overlay=true)

cdl = input(true, title="Previous Daily Closing")
dclose = security(tickerid, 'D', close[1]) 
positive = close > dclose ? green : na
negative = close < dclose ? red : na
bgcolor(positive, transp=75)
bgcolor(negative, transp=75)

United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out