This indicator plots moving average of chosen period and type, automatically colorized from the chosen oscillator state.

5 types of oscillator can colorized the moving average depending on their overbought and oversold situation:

• CCI (Commodity Channel Index)
• RSI (Relative Strength Index)
• Stochastic
• Cycle
• DI (Directional Index)

This indicator is based on the great version from ALE: 3D Candlesticks (CCI,RSI,Stochastic,Cycle,DI) and coded following a request made in the technical indicators forum.

//PRC_Colourized MovingAverage | indicator
//19.10.2018
//Nicolas @ www.prorealcode.com
//Sharing ProRealTime knowledge

// --- settings 
ONCE UseCci             =0       // COMMODITY CHANNEL INDEX COLOUR
ONCE UseRsi             =0       // RSI COLOUR
ONCE UseStochastic      =0       // STOCHASTIC COLOUR
ONCE UseCycle           =0       // CYCLE COLOUR
ONCE UseDI              =0       // DIRECTIONAL INDEX COLOUR
// ---
ONCE CciPeriod             =20
ONCE RsiPeriod             =14
ONCE N                     =14
ONCE K                     =3
ONCE DiPeriod              =14
ONCE MAperiod              =20
ONCE MAtype                =0 //0=SMA
// --- end of settings 

If UseCci then                                 // CANDLE + COMMODITY CHANNEL INDEX COLOUR
 MyCci  = Cci[max(1,CciPeriod)](customclose)
 R = (200-MyCci)
 G =(200+MyCci)
Elsif UseRsi then                           // CANDLE + RSI COLOUR
 MyRsi    = RSI[max(1,RsiPeriod)](customclose)
 R =50+(200-(MyRsi-50)*12)
 G =50+(200+(MyRsi-50)*12)
Elsif UseStochastic then                           // CANDLE + STOCHASTIC COLOUR
 MyStoch    = Stochastic[max(1,N),max(1,K)](customclose)
 R =50+(200-(MyStoch-50)*6)
 G =50+(200+(MyStoch-50)*6)
Elsif UseCycle then                           // CANDLE + CYCLE COLOUR
 MyCycle    = Cycle(customclose)
 R = (200-MyCycle*10)
 G =(200+MyCycle*10)
Elsif UseDI then                              // CANDLE + DIRECTIONAL INDEX
 MyDi = DI[max(1,DiPeriod)](customclose)
 R = 50+(200-MyDi*10)
 G =50+(200+MyDi*10)
endif

avg = average[MAperiod,MAtype](customclose)

Return avg coloured(R,G,0) style(line,3) as "MA coloured by oscillator"