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.

//PRC_TrendColored | indicator
//21.11.2018
//Nicolas @ www.prorealcode.com
//Sharing ProRealTime knowledge

// --- settings 
period1 = 10
MA1type = 2
period2 = 50
MA2type= 2
// --- end of settings 

avg1 = average[period1,MA1type]
avg2 = average[period2,MA2type]

if avg1>avg2 then 
 r=0
 g=255
 b=0
 if avg1<avg1[1] then 
  r=0
  g=128
  b=0
 endif
elsif avg1<avg2 then 
 r=255
 g=0
 b=0
 if avg1>avg1[1] then 
  r=255
  g=99
  b=71
 endif
endif

drawcandle(open,high,low,close) coloured(r,g,b)

return

//PRC_TrendColored | indicator

//21.11.2018

//Nicolas @ www.prorealcode.com

//Sharing ProRealTime knowledge

// --- settings

period1 = 10

MA1type = 2

period2 = 50

MA2type= 2

// --- end of settings

avg1 = average[period1,MA1type]

avg2 = average[period2,MA2type]

if avg1>avg2 then

r=0

g=255

b=0

if avg1<avg1[1] then

r=0

g=128

b=0

endif

elsif avg1<avg2 then

r=255

g=0

b=0

if avg1>avg1[1] then

r=255

g=99

b=71

endif

drawcandle(open,high,low,close) coloured(r,g,b)

return

candlestick moving average trend

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 :

Filename : download the ITF files

How to import ITF files into ProRealTime platform?

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osupero • 11/21/2018 #
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

osupero • 11/21/2018 #
https://www.screencast.com/t/1FD7s0YdZ……DE NUEVO MIL GRACIAS

capgros • 11/21/2018 #
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

Hans63 • 11/21/2018 #
Would you add the possibility to color also the Heikin Ashi and bar chart?
- Nicolas • 11/21/2018 #
  That’s possible, please open a new topic in the indicator forum explaining what you need exactly and i’ll help you there.

imokdesign Hi Everybody, when I look at the strategy I felt the need to implement a Moneymanagement-Sy...

Inertia newlevel then multiplier=multiplier+1 oldlevel=newlevel newlevel=strategyprofit+startequi...

Inertia Hi Bjoern, I was playing around with your code this morning (EUR/USD 5'). Thank you to the...

CavalierDeCesDames Bonjour Nicolas, Thanks for your use full job. I tried this indicator on a shorter timefram...

Nicolas You are welcome. I'm glad you like it.

Bolbo It does not appear over the price indicator on V11. Thanks in advance.

bearbull As per PhilipSchultz question above, has anybody managed to add code for when it turns blue,...

Ybr35 Bonjour Nicolas, lorsque je lance l'indicateur, il m'est indiqué que je dois définir les var...

Nicolas L'idéal est de télécharger le fichier itf joint sur cette page et de l'importer dans la plat...

bjoern With the same parameters? For me the results are negative

bjoern Oh ok, with the initial posted parameters it is positive

victormork yes! It's not like you want to put it on live but when I for example take the version I have...

Nicolas Merci dans ce cas d'ouvrir un sujet dans le forum ProScreener svp.

Andrea Hi Nicolas, thx for your code. Please i need your help to understand this part of your code:...

Nicolas the MA200 is ascending since 20 periods.

Leo Hi Gabri, have you ever try this in a trading system?

gabri Leo, I used to crosscheck this indicator a long time ago. For the trading I was doing at tha...

Nolubok Bonjour Gabri, merci pour l'ensemble de vos publications, serait il possible d'avoir le scr...

Doctrading Hello, Higher timeframes are better. I suggest D1 or H4.Best regards,

Pinkybouh hello, I propose to add another conditions: ie: haussier: close > open and close >...

TheHovisTrader I'd be interested in the actual profit of this - in the example the stop range is at least 2...

Regan2020 Hi, has anybody update the above code to enable on a 15m or 5m TF?

gigi64 ik heb de code op mijn pro realtime gezet , en bij indicator staat hij erbij maar komt niet ...

gigi64 I have put the code on my pro realtime, and it is on the indicator, but it does not appear o...

supertiti Thanks you so much Lucassen

dreif123 hi, copied the above code, not working on 10.3 the system says "return can only be used at ...

LUCASSEN Hallo , i have no problem , and i have the same versie 10.3, maybe you can ask Nicolas, tha...

Nicolas Restart your platform in order to be sure to use the last version, there was a version rollb...

bertrandpinoy bonjour voud pouvez m envoyer le code modifier par vous?

Nicolas Désolé , je ne comprends pas votre question.

David Somogyi Hello, This is merely a filter indicator for measuring high fractality, which helps to av...

bertrandpinoy bonjour ce code fonctionne toujours?

Nicolas Faites un backtest, vous aurez des réponses.

Krallenmann Hallo Nicolas, kannst du mir die Regeln für den Halftrend Indikator sagen? Aus dem Code kann...

davefransman Dear Nicolas, i want set a alert on the "HalfTrend "custom moving average" met Heikin Ashi w...

Nicolas Please post the question in a new forum topic, that would need custom coding I believe.

Jessar Hi friends, is there any way to program the system to close the position when you have a lon...

Pring00 Hello @Nicolas, thanks for this code! Just what i was looking for. I'm fairly new to this...

Nicolas Needs custom coding, ask for a mod in a dedicated topic, in the appropriate forum please.

Nicolas Sorry but we do not provide any help for mt4 users. Our website is dedicated to ProRealTime ...

rginvest44 Bonjour Messieurs et félicitations pour votre travail. De mon coté, lorsque je souhaite e...

Nicolas Bonjour, il s'agit d'un code d'indicateur et non d'un screener. Cet autre code par exemple e...

Lyam Pareil ne marche pas dommage

ahmedbouaziz89 Bonjour, quand j'ajoute le code ou le fichier dans l'outils screeners de Prorealtime je ne v...

tyvix Bonjour le code marche bien c est juste qu'il n y a pas d opportunité au moment ou vous le...

verdi55 Is there such a thing as a free lunch ?

maceng Thanks Nicolas for this great work! I would like to understand the math behind it in order t...

Nicolas Sorry I have no time to provide assistance for python programmers. Have a good day.

Maz Hi all, firstly happy to know that this is helping you. I look into updating it for PRT11 wh...

Nicolas just use 3 times a linear regression channel code you will find in the library.

leederbyshire Here's the link to alternative linear regression channel indicator Nicolas is referring to t...

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