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.

Wing Yes, investigate as much as you want. For more insight, you can view the linet1, linet2 etc....

CKW Hi Wing, Thanks for your sharing. I am still trying to breakdown & understand your code...

Wing Hello CKW. No, the parameter, 7 in this case, is used when calling the RSI indicator to ide...

Sofitech Ce code n'est valable que sur la V10.3 ? sur le 10.2 il y a une erreur de syntaxe dans le fi...

Nicolas Oui en effet, c'est un indicateur "10.3" à cause uniquement de la mise en forme des courbes ...

Nicolas En effet, c'est le cas si on copie/colle le code. Ces 2 variables sont inscrites en externes...

Salocin Hello Nicolas, my french is not that well. It occurs an error which can not be solved by cop...

Nicolas Just download the ITF file and import it into your platform, follow these easy steps: https:...

Nicolas Je vais faire l'indicateur et expliquer comment en même temps dans un sujet de forum. Plus s...

gregus merci nicolas toute ma gratitude est pour toi sa sera bien pratique car je pense ne pas etre...

Nicolas Ok merci donc d'ouvrir un sujet spécifique pour cette demande donc :)

Nicolas You'll need to preload bars to get the good calculations of you indicators. I did not test i...

David Nicolas I tried DEFPARAM Preloadbars = 5000 And still the same drawn output of entries/exit...

marcara Hi, Thank you very much for the Moving Average Daily indicator, I am using it as indicator i...

algotrader This indicator looks coolBut on attempt to use it for a strategy dev'I get an error.."The in...

dajvop @algotrader if you at the bottom of the code add: RETURN Buffer1 as "up", Buffer2 as "down",...

Bateson Si cela peut servir, l'indicateur Sadukey a été créé en utilisant un générateur de filtre ap...

Nicolas Je l'ai converti depuis un code pinescript. De mémoire il s'agit bien d'une variation d'une ...

Captain_Walker @Nicolas, I've copied your code into PRT indicator panel to create it. When I attempt to sav...

Nicolas Download the itf file and import it.

Nicolas Please post any question on forums, thanks.

Lavallette Bonjour Nicolas. J'utilise la version 11 et moi aussi j'ai une ligne horizontale malgré l'a...

Nicolas il faut modifier la ligne 20 avec: if adaptive=1 and averagePeriod > 1 and barindex>(...

dakaodo Hi, Wilko. Acc to the original FRAMA paper by Ehlers, Ehler's own code only takes inputs for...

dakaodo For reference, here is Ehlers' original paper: http://www.mesasoftware.com/papers/FRAMA.p...

dakaodo Here is the code with only SC included, per ETFHQ. pri=customclose //len>=4, even on...

Nicolas Hi, there's no reason why it should not work on a 5 min chart. Just apply the indicator on y...

Percygreen77 good evening sorry for my english but the indicator don't work can you help me i have 10.3 v...

Nicolas By adding it on price, it should display the pattern detection on the price chart, and not ...

Nicolas The code is correct, don't know if the label and color are the same as other trading softwar...

peppe novellino Hi Nicolas, the settings of the alligators are not editable. How can I change it? Thanks in ...

pabo_swe I got very bad performance with this script, it was slow... it seems like if one breaks out ...

Madrosat Bonjour Nicolas Je souhaiterais faire colorier le fond du graphique supérieur en vert lorsq...

Nicolas Merci d'ouvrir un sujet dans le forum approprié.

Nwab Hello Mr Nicolas.. Please how can I set this up as an indicator to work on mt5. Your guidan...

Arnaud HALVICK Great indicator, thank you!

JMat45 Hi Nicolas, just reviewing this indicator and noticed that you have double assigned the vari...

Nicolas That would not make any difference because the code is read from top to bottom.

MikeGC I don't know if you have used the variables a and b to optimise the parameters for the Super...

gianpiero75 I have not optimized, I multiplied the parameters for 6 (5,8), to use them on the 4 hoursTF...

bertrandpinoy bonjour Mike j utilise TrendChaser V2.0 et quand il prend position cela ne programme pas le ...

Nicolas Thank you for contribution. Please consider that advertising is tolerate as long as you cont...

triss1965@gmail.com Hi, I cant make it work. And if you doing so much money. Why do you have to sell it? It don...

T-rader Eva... He dosen´t sell anything. He is just a nice guy that want to share on of his strategy...

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