This indicator is based on the range of the price movements and the colored areas might help you to easy identify the trend of the price.
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// This indicator is based on the range of price movements and the colored areas might help you // to easy identify thr trend of the price ONCE AFR = Close ONCE i = 0 ONCE j = 0 IF High < AFR THEN AFR = high ENDIF IF Low > AFR THEN AFR = low ENDIF IF Close > AFR THEN DRAWPOINT(barindex, close, 1)coloured(0,51,255) DRAWSEGMENT(barindex, high, barindex, low)coloured(0,0,255) ELSE DRAWPOINT(barindex, Close, 1)coloured(251,0,255) DRAWSEGMENT(barindex, high, barindex, low)coloured(255,0,255) ENDIF IF AFR < AFR[1] THEN i = i + 1 AFR2 = AFR[i] ELSE i = 0 AFR2 = AFR ENDIF IF AFR > AFR[1] THEN j = j + 1 AFR3 = AFR3[i] ELSE j = 0 AFR3 = AFR ENDIF RETURN AFR, AFR2, AFR3 |
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Hi Sever, how can I visualize the coloured areas?
Hi Stenozar,
You need to add the color zones yourself , just go to Add Color Zone
To set use for ,,,line 1 : range and for ,,,line 2 : range2 .
Add the second color zone:
Use for ,,,line 1 : range and for ,,, line 2 : range3.
In the first lines block you choose: Line 1 Line 2
Hope you get it!