Simple triple average with visual color

Hi all.

Simple trend indicator based on moving average, define your moving average parameter and watch the result. You can apply in on the price chart or below it to get the trend direction or pullback infos quickly.

green = fast moving average> normal and normal> slow.

red = fast moving average <normal and normal <slow.

yellow = green or red is not correct.

// Author: Tom's - Leofi
// Name: Terminus indicator
// Description: Trend average indicator

// Var indicator
emaSlow = Average[slow, type](close)
emaNormal = Average[normal, type](close)
emaFast = Average[fast, type](close)

// Logic
if (emaFast > emaNormal and emaNormal > emaSlow) then
 backgroundcolor(0,250,0)
elsif (emaFast < emaNormal and emaNormal < emaSlow) then
 backgroundcolor(250,0,0)
else
 backgroundcolor(250,165,0)
endif

// Boolean draw indicator
if (drawIndicator) then
 indicatorAlpha = 250
else
 indicatorAlpha = 0
endif

return emaFast coloured(200, 200, 200, indicatorAlpha) STYLE(line, 2) as "Fast Average 0", emaNormal coloured(80, 80, 80, indicatorAlpha) STYLE(line, 2) as "Normal Average 1", emaSlow coloured(0, 0, 0, indicatorAlpha) STYLE(line, 2) as "Slow Average 2"

// Author: Tom's - Leofi

// Name: Terminus indicator

// Description: Trend average indicator

// Var indicator

emaSlow = Average[slow, type](close)

emaNormal = Average[normal, type](close)

emaFast = Average[fast, type](close)

// Logic

if (emaFast > emaNormal and emaNormal > emaSlow) then

backgroundcolor(0,250,0)

elsif (emaFast < emaNormal and emaNormal < emaSlow) then

backgroundcolor(250,0,0)

else

backgroundcolor(250,165,0)

endif

// Boolean draw indicator

if (drawIndicator) then

indicatorAlpha = 250

else

indicatorAlpha = 0

endif

return emaFast coloured(200, 200, 200, indicatorAlpha) STYLE(line, 2) as "Fast Average 0", emaNormal coloured(80, 80, 80, indicatorAlpha) STYLE(line, 2) as "Normal Average 1", emaSlow coloured(0, 0, 0, indicatorAlpha) STYLE(line, 2) as "Slow Average 2"

Average pullback 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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leofi • 02/20/2020 #
edit old link is dead im sorry

skrochey • 02/20/2020 #
Is there some way whereby this indicator can be simplified by just having two imputs.? Imput 1: Fast MA. Imput 2: Slow MA. The background of the chart appears in light pastel GREEN when the Fast MA is above the Slow MA indicating a positive trend. When the Fast MA is below the Slow MA, the Background of the Chart turns LIGHT PINK indicating negative. The settings of the MA can be adjusted to the Period as well as the type of MA.
- leofi • 02/20/2020 #
  Go visit http://www.prorealcode.com/topic/simple-average-with-visual-color/ and watch 2em post

leofi • 02/20/2020 #
https://www.prorealcode.com/topic/simple-average-with-visual-color/

Dritan • 02/20/2020 #
Hi,I am new on Prorealtime and coding.I downloaded the indi but I have it on a separate window.How can I plot it on the chart?Thanks in advance for the answer

LucioleLucide Clean view, thanks for sharing

dertopen hi where i can found the window for candle configuration?

paolosab69 Ciao! . I have seen the pictures that explain this metod but i don't understand when is mome...

Maik2404 wie kann ich den Code bekommen Paul?

jens_kittner Works with US Crude at 1h as well!

Jean-Claude REGIS Je préconise de regarder les graphiques H1 et M15 pour visualiser la tendance de fond et d'...

capgros Bonjour @Nicolas, Thanks a lot for this tool, it is very useful for me. I would like to s...

Hans63 Would you add the possibility to color also the Heikin Ashi and bar chart?

Nicolas That's possible, please open a new topic in the indicator forum explaining what you need exa...

XXXXVII Excellent indicateur ! Déterminer une tendance est devenu un jeu d'enfants ! Félicitation......

gregoire bonjour nicolas j ai cherché partout sur le net et impossible de trouvé ce que je recherch...

Nicolas Merci de poster une demande dans le forum des indicateurs, ainsi on pourra le coder dans ce ...

cfta Hi Fulvio, many thanks for sharing this clever indicator, much appreciated. As Pepsmile ment...

cfta Sorry adding the PRT to code didn't work in the above comment so I guess we will have to set...

juanj Something appears to be wrong with this formula as graphing t shows t to almost never be wit...

Maxime Baudin Interesting, Thank you! :)

franck-david Bonjour Nicolas , actuellement je me forme grace a vos videos tres tres bien expliques mer...

Nicolas Merci. ça n'est pas le lieu pour poser ce genre de question :) Merci d'utiliser le forum Pro...

Vonasi Forum discussion on these indicators can be found here: https://www.prorealcode.com/topic/av...

jennr29 Hi. Is it possible to convert this code to an mq4 file?

Nicolas Sorry but our website is dedicated to prorealtime programming. However, you can ask for priv...

Domenec Claro Juanjo de todas maneras en deinversoratrader.com tienes estsos osciladores evolucionad...

Dron Hola Domenec, en la descripción hablas del indicador velas de colores, no lo encuentro en la...

Domenec Hola Dron mira en el blog deinversoratrader.com en formacion indicadores ahi hay varios grat...

Geronima Ortiz I watched the video three times, but I can not put the npips parameter as a variable. I do...

Geronima Ortiz I think the video is for an old version of prorealtime, the images do not correspond at all ...

Nicolas indicator1 = CALL “PRC_StopReversal”[npips, 1] and define npips in the optimization window ...

Caribeengeek Bonjour j’avais vu que vous proposiez d’écrire des codes pour ceux qui s’y connaisse pas Mai...

Caribeengeek Les devises unité

Nicolas Merci d'utiliser le forum pour les demandes de programmation personnalisée

ullle73 nicolas, can you somehome make this to be in the background of the price chart?

jonpt88 none did that yet right?

Nicolas You can ask for a code modification on forums, please open a new topic with your request.

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