MACD CCI Overlay

Category: Indicators By: stephane2.0 Created: February 20, 2020, 1:11 PM
February 20, 2020, 1:11 PM
Indicators
5 Comments

Paint the candlesticks with conditions based on CCI and MACD.

  • green color when  cci [14] > 0 and macd line > signal line
  • red color when cci [14] < 0 and macd line < signal line
  • grey color when cci > 0 and macd line< signal line or cci < 0 and macd line> signal line
// Variable

a=CCI[14](typicalPrice)
b=MACDline[12,26,9](close)
c = ExponentialAverage[9](b)


//Hausse
if a > 0 and b > c then
r = 0
b = 0
g = 255

//Baisse
elsif a < 0 and b < c then
r = 255
b = 0
g = 0

//Neutre
elsif a > 0 and b < c OR a < 0 and b > c then
r = 195
g = 195
b = 195
endif

DRAWCANDLE(open,high,low,close) coloured(r,g,b)
 
RETURN

Download
Filename: MACD-CCI-overlay.itf
Downloads: 265
stephane2.0 Junior
I usually let my code do the talking, which explains why my bio is as empty as a newly created file. Bio to be initialized...
Author’s Profile

Comments

Logo Logo
Loading...