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.

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Filename : download the ITF files

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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.

mortezaali14 Salut Nicholas, comment exécuter ce fichier dans les métadonnées

Leduc71 Bravo ! Cet indicateur est un suiveur de tendance, type “stop and reverse”, inspiré des cana...

Carburo Bonjour Leduc71, j'ai l'impression qu'il y a des erreurs dans la première ligne de code qui ...

FXtonio Bonjour Nicolas, merci pour cette merveille, je l'utilise en compl2ment du "magical buy sell...

xpe74 Bonjour Nicolas, quelle est la valeur de MA que l'on doit prendre en compte pour intégration...

Nicolas Il faut faire un CALL de l'indicateur et y placé en paramètre les valeurs des périodes souha...

Nicolas Yes, Magic if the variable that contains the value of the line, you can test if it goes up o...

dadah1987 Bonjour Nicolas, merci pour cet indicateur. Utilisant pour l'instant la création simplifié p...

Nicolas Merci d'ouvrir un sujet sur le forum avec une description complète du système.

YvesRobert Bonjour Nicolas, en effet ca marche, je me suis trompé, j'ai bien tout le tracé. C'est parce...

oliTR Bonjour, les conditions longCond et shortCond ne contiennent-elles pas une condition qui s'a...

xpe74 Utilitaire vraiment top, d'autant qu'ajouter des filtres de seuil peux aider a limiter le no...

magnus59 Hi Nicolas, thaks for your great work here, I need a scanner for the swedish OMX when ma...

Nicolas Yes, sure please open a new topic in the ProScreener forum section, thank you.

paullyons Hello! Thanks for post your indicators. I'd like you to let me know how to draw lines for ...

Rafa Hi Nicolas! I can´t install this indicator. it installs in a separate window not as an av...

Nicolas Add it on the price, see how: https://www.prorealcode.com/blog/video-tutorials/how-to-add-an...

Frankyslo1 No consigo instalarlo en el precio en PRL-version 10

robertogozzi There you go: myMagicTrend = CALL “Magic Trend custom”[20, 14, 1, 5] alpha = 105 b = 0...

johann8 exactly :) Thank you all for the help!

max_92 Ciao Roberto, ho scaricato l'indicatore e come ti avevano già scritto sopra anch'io vedo la ...

Xenotrax A première vue, sa à l'air d'être un indicateur très puissant sur de petites temporalités, j...

merri Bonjour Nicolas, Comment transformer cet indicateur en bot sur PRT ?

Nicolas Cela a déjà été fait, voir ce sujet: https://www.prorealcode.com/topic/strategia-con-lindica...

Nicolas change the last line with: return v coloured(r,g,b) style(line,2), v+band coloured(168,168,1...

Paolo.B Thanks ... works as i wanted.

Kanamax Bonjour Nicolas, comme Paolo.B je souhaiterais utiliser cette indicateur au sein d'un code. ...

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