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Setup market analyzer with bollinger

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    Setup market analyzer with bollinger

    Hello, I´d like to have that when the close price is greater equal XY Bollinger band, the price will be shown purple in the Market analyzer.

    I can see the if greater equal value but there is just a 0 inside and I can´t chose the value for the Bollinger Band

    #2
    Hello Uregon,

    Thank you for your post.

    What you are describing will require a custom NinjaScript indicator. You could create a public indicator plot that is set to a value of +1 when the Close is greater than the desired Bollinger band, and -1 when the Close is lower than the band. Then, in the Market Analyzer, you could set a cell condition that adjusts the color to purple when the value of the indicator plot is +1. There are some descriptions of this concept, along with a sample script that shows how to do this for CrossAbove detection, at the following links:
    Please let us know if we may be of further assistance.

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