Library "CommonMarkup"
Provides functions for chart markup, such as indicating recession bands.
markRecessionBands(showBands, lineY, labelY)
Mark vertical bands and show recession band labels if argument showBands is true. Example "markRecessionBands(bar_index,3.0"
Parameters:
showBands: - show vertical recession bands when true. Functionally equiv to no op when false
lineY: - y-axis value for line positioning
labelY: - y-axis value for label positioning
@return true - always answers the value of showBands
Provides functions for chart markup, such as indicating recession bands.
markRecessionBands(showBands, lineY, labelY)
Mark vertical bands and show recession band labels if argument showBands is true. Example "markRecessionBands(bar_index,3.0"
Parameters:
showBands: - show vertical recession bands when true. Functionally equiv to no op when false
lineY: - y-axis value for line positioning
labelY: - y-axis value for label positioning
@return true - always answers the value of showBands
Release Notes:
Common markup lib v2. Changes as follows:
- Added 2022 contraction over Q1 to Q2
- Updated time refs to be UTC+0
Release Notes:
Minor cosmetic rendering updates
Release Notes:
v4 - minor display and formatting updates for readability
Release Notes:
v5
Added control parameter for defining if 2 consecutive quarters of negative GDP is considered a recession
Updated:
markRecessionBands(showBands, twoQrtsOfNegativeGDPIsRecession, lineY, labelY)
Mark vertical bands and show recession band labels if argument showBands is true. Example "markRecessionBands(bar_index,3.0"
Parameters:
showBands: - show vertical recession bands when true. Functionally equiv to no op when false
twoQrtsOfNegativeGDPIsRecession: - if true, then periods with two consecutive quarters of negative GDP is considered a recession. Defaut is false.
lineY: - y-axis value for line positioning
labelY: - y-axis value for label positioning
@return true - always answers the value of showBands
Added control parameter for defining if 2 consecutive quarters of negative GDP is considered a recession
Updated:
markRecessionBands(showBands, twoQrtsOfNegativeGDPIsRecession, lineY, labelY)
Mark vertical bands and show recession band labels if argument showBands is true. Example "markRecessionBands(bar_index,3.0"
Parameters:
showBands: - show vertical recession bands when true. Functionally equiv to no op when false
twoQrtsOfNegativeGDPIsRecession: - if true, then periods with two consecutive quarters of negative GDP is considered a recession. Defaut is false.
lineY: - y-axis value for line positioning
labelY: - y-axis value for label positioning
@return true - always answers the value of showBands
Release Notes:
v6
Updated:
markRecessionBands(showBands, twoQrtsOfNegativeGDPIsRecession, labelY)
Mark vertical bands and show recession band labels if argument showBands is true. Example "markRecessionBands(bar_index,false3.0)"
Parameters:
showBands (bool): - show vertical recession bands when true. Functionally equiv to no op when false
twoQrtsOfNegativeGDPIsRecession (bool): - if true, then periods with two consecutive quarters of negative GDP are considered a recession. Defaut is false.
labelY (float): - y-axis value for label positioning
@return true - always answers the value of showBands
Updated:
markRecessionBands(showBands, twoQrtsOfNegativeGDPIsRecession, labelY)
Mark vertical bands and show recession band labels if argument showBands is true. Example "markRecessionBands(bar_index,false3.0)"
Parameters:
showBands (bool): - show vertical recession bands when true. Functionally equiv to no op when false
twoQrtsOfNegativeGDPIsRecession (bool): - if true, then periods with two consecutive quarters of negative GDP are considered a recession. Defaut is false.
labelY (float): - y-axis value for label positioning
@return true - always answers the value of showBands
Release Notes:
v7
Updated:
Updated:
- Resolved issue with private function for drawing recession bands scaling the y-axis excessively