This indicator shows coloured areas of the price movement which gives a good picture of the shortterm trend
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Increase = (Close - Close[1]) > 0 Indicator = 0 i = 0 WHILE Increase[i] DO Indicator = Indicator + 1 i = i + 1 DRAWSEGMENT(barindex, high, barindex, low)coloured(0,0,0) AFR1 = close BREAK WEND Decrease = (Close - Close[1]) < 0 Indicator = 0 i = 0 WHILE Decrease[i] DO Indicator = Indicator + 1 i = i + 1 DRAWSEGMENT(barindex, high, barindex, low)coloured(0,0,0) AFR2 = close BREAK WEND IF close < close[1] THEN DRAWPOINT(barindex, close, 2)coloured (255,0,255) ELSE DRAWPOINT(barindex, close, 2)coloured(0,255,0) ENDIF RETURN close, AFR1, AFR2 |
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