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MACD CCI Overlay
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
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Filename:
MACD-CCI-overlay.itf
Downloads:
265
Junior
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Comments
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4 years ago
Hi I down loaded the ITF file, it paints red for a down trend but for all up trends the candles are grey. Could you advise how I get the candles to paint blue please
7 years ago
c=exponentialaverage[9](MACDLine[12,26,9](close))
7 years ago
Yes, line 5 is truncated. I can't edit, please replace by:
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line 22: r = 195 by r = 0 line 23: g = 195 by g = 0 line 24: b = 195 by b = 255 ;)