Display red or green label based on the current price

[Stockleed]

I currently have a code that shows the current price and it displays on the chart. Is there a way to add a code to it so that every time the price changes the background changes that color?

For example

If the price drops the background would turn to RED

• If the price goes up the background color would change to Green?
• And if the price was neutral it would be gray.

Current Code

input limit = 0.09;
def price = close(priceType = PriceType.LAST);
AddLabel(yes, Concat("PRICE: ", price), Color.LIGHT_GREEN);

Any help would be greatly appreciated

 

[rad14733]

input limit = 0.09;
def price = close(priceType = PriceType.LAST);
AddLabel(yes, Concat("PRICE: ", price), if price > price[1] then Color.LIGHT_GREEN else if price < price[1] then Color.RED else Color.CURRENT);

Your limit variable is never used...

 

[Stockleed]

Thank you so much!!!!! You're a life saver. So could I delete the limit variable from the code?

 

[rad14733]

Thank you so much!!!!! You're a life saver. So could I delete the limit variable from the code?

It serves no purpose unless you had other plans for that variable...

 

[stockscouter87]

Hey would you be willing to share your code with us? I would like to try it out as sometimes I trade multiple tickers and that can keep me up to date on my other positions....... possibly.

 

[Stockleed]

Absolutely here you go

https://tos.mx/SBjKvMv