MA trend colored

v10.3
MA trend colored

Simple indicator that color the candlesticks according to:

  • the trend direction, based on 2 moving averages (period and type can be modified)
  • the slope of the faster moving average, if it declines in a bullish trend or ascend in a bearish trend

Coded because of a request in the ProBuilder forum.

 

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Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

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  1. osupero • 299 days ago #

    Buenisimo Sr Nicolas, seria posible que sólo marcara por encima o por debajo de una media movil ponderada y que marcara color verde por encima y color rojo por abajo..tremendamente agradecido estaria..Gracias por su aporte

  2. osupero • 299 days ago #

    https://www.screencast.com/t/1FD7s0YdZ……DE NUEVO MIL GRACIAS

  3. capgros • 182 days ago #

    Bonjour @Nicolas,

    Thanks a lot for this tool, it is very useful for me. I would like to suggest you an upgrade if it is possible…
    When this indicator is on, candles get painted OVER the MA´s in the chart, instead of behind the MA´s in the chart as usual, could you add a piece of code for the candles to appear behind the MA´s as they use to do?

    Thank you very much in advance!

    Pablo

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