Copy and paste the code below to a New EDS file. Click on File, Save, name it Bothvolumeandcloseupdown.eds
PosVol if [volume]>val([volume],1).
NegVol if [volume]<val([volume],1).
PosClose if [close]>val([close],1).
NegClose if [close]<val([close],1).
Phasedown if Val([Phase],2)< Val([phase],1) and Val([Phase],1)> [Phase].
Phaseup if Val([Phase],2)> Val([phase],1) and Val([Phase],1)< [Phase].
Go to Charts
Click on the “Define Studies” button (up top)
Where it shows EDS Files up top…click on the button that looks like it has three periods in it (…)
Browse and select the Both Volume and Close UP Down.EDS file
Click on “Create New Color Study”
Select “Price Plot” and click Next
Select “Price Bar” and click Next
Select “NegClose” and click Next
Click on “Change Color” and select RED and click OK
Click Next
Click Finish
Click on “Create New Color Study”, again
Select “Price Plot” and click Next
Select “Price Bar” and click Next
Select “PosClose” and click Next
Click on “Change Color” and select GREEN and click OK
Click Next
Click Finish
Click on “Create New Color Study”
Select “Indicator” and select “VOLUME” then click Next
Select “Volume” and click Next
Select “NegVol” and click Next
Click on “Change Color” and select RED and click OK
Click Next
Click Finish
Click on “Create New Color Study”, again
Select “Indicator” and select “VOLUME” then click Next
Select “Volume” and click Next
Select “PosVol” and click Next
Click on “Change Color” and select GREEN and click OK
Click Next
Click Finish
Click on “Create New Color Study”
Select “Indicator” and select “PHASE” then click Next
Select “HISTOGRAM” and click Next
Select “PHASEDOWN” and click Next
Click on “Change Color” and select RED and click OK
Click Next
Click Finish
Click on “Create New Color Study”, again
Select “Indicator” and select “PHASE” then click Next
Select “HISTOGRAM” and click Next
Select “PHASEUP” and click Next
Click on “Change Color” and select GREEN and click OK
Click Next
Click Finish
Click OK to leave color studies