Dynamically Coloring an indicator accoding to the value of a secondary parameter

[Dr Kerry]

Very simply, I'd like to have the color of an indicator curve change as it's being plotted according to the value of a secondary parameter.

For example, suppose I plot the SMA of Close, SMA(Close,10) and I also calculate the momentum of this SMA, Momentum(SMA(Close,10), 5). I want to plot the portions of the SMA curve green where the momentum is above a "long threshold" value, and plot the curve red when it is below a "short threshold" value and plot it white if the momentum falls between the two threshold values:

Schematically:

if ( Momentum(SMA(Close,10), 5)[0] > LongThreshold)

plot SMA(Close,10) green;

else if ( Momentum(SMA(Close,10), 5)[0] < ShortThreshold)

plot SMA(Close,10) red;

else

plot SMA(Close,10) white;

How would I do this formally?

Can I insert an appropriate "if statement" into the argument of the AddPlot statement so that it would look something like this:

AddPlot(Brushes.{if(....)...}, "SMAPlot");

Would this continually update the color as the curve is plotted?

Thank you for your advice.

[NinjaTrader_BrandonH]

Hello Dr Kerry,

Thanks for your post.

To change the color of a plot when a certain condition occurs you could use the PlotBrushes property.

Here is a help guide page about the PlotBrushes property and sample code: https://ninjatrader.com/support/help...lotbrushes.htm

Please let us know if we may assist further.

[Dr Kerry]

Hello Dr Kerry,

Thanks for your post.

To change the color of a plot when a certain condition occurs you could use the PlotBrushes property.

Here is a help guide page about the PlotBrushes property and sample code: https://ninjatrader.com/support/help...lotbrushes.htm

Please let us know if we may assist further.

Brandon,

Thank you very much. I think that the example given in the Help Guide link that you provided is exactly on target.

Regards,

Kerry