CODEWITHSUNDEEP
rquantmod
Darren Cook
Darren Cook

Reputation: 28913

R/quantmod: how to specify the bollinger bands colour?

This could be more generally be How to change the theme colours? Or maybe TA colours are not controlled by theme?

This makes bollinger bands with a nice cloud effect:

chartSeries(bars, theme="white")
addBBands()

(See example of how it looks (near the bottom) )

The cloud effect is dark grey on this next example, so almost invisible.

chartSeries(bars, theme="black")
addBBands()

How do I change it to be, say, a nice bright red, with bright purple for the upper and lower lines? (Yeah, I know, -1 for the colour scheme)

I believe I'll be able to specify an 8-hex-digit colour to specify semi-transparency. But can I do anything more exotic? E.g. it would be rather cool to use a gradient and have it #ff0000 at the centre, fading to #330000 at the upper and lower lines. Is there any gradient support in quantmod charting?

Upvotes: 4

Views: 1536

Answers (2)

Darren Cook
Darren Cook

Reputation: 28913

Fleshing out Benjamin's answer and my own learnings, here is an example:

#bars is an XTS object, OHLC data
library(quantmod)

chartSeries(bars)
addBBands(n=20,sd=2)
addBBands(n=50,sd=1)

The above draws two bollinger bands, in default colour scheme. The following will change them to be a semi-transparent red (i.e. the red is stronger where they both exist):

t=chartTheme()
t$BBands$fill="#ff666633"   #20% red (i.e. hex 33 is the transparency)
reChart(theme=t)

From my study of the source this should have worked to change the line colours:

t$BBands$col=c('red','blue','green')

But it does not. However you can change the top/bottom colours to the same colour with:

t$BBands$col='blue'
reChart(theme=t)

And here is how to do the same with the newer chart_series() function, and notice you can set the line colours individually (NB. there is no reChart function, as far as I can see):

t=chart_theme()
t$bbands$col$fill="#ff000033"
t$bbands$col$upper='red'
t$bbands$col$lower='green'
t$bbands$col$ma='blue'
chart_Series(bars,theme=t)
add_BBands(n=50,sd=1)
add_BBands(n=20,sd=2)

It is not possible, as far as I know, to use a different colour scheme for each of the two bollinger bands. Even changing the colour scheme like this fails, as after the second command it redraws both with the new colours!

obj=chart_Series(bars)
add_BBands(n=50,sd=1)
obj$Env$theme$bbands$col$fill="#00ff0033"
add_BBands(n=20,sd=2)

Upvotes: 3

Benjamin
Benjamin

Reputation: 11860

A look at chartTheme seems to indicate that a gradient is not possible, but the up/down colours can be specified, as can the respective border colours. Just define your own theme as per the examples. You can start with the predetermined theme and modify certain individual parameters.

Upvotes: 4

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