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Code to find When PRT BANDS short Term Line changes colour

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Code to find When PRT BANDS short Term Line changes colour

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06/21/2024 at 1:43 AM #234161 quote

pdrh
Participant

Average

Does anyone have coding to find when the PRT Bands Short Term line changes colour

06/21/2024 at 7:52 AM #234164 quote
Iván González
Moderator

Legend
The PRT Bands code is ProrealTime's own, so it is not published. Anyway you just have to do a few tests to see what type of moving average it is. I've been testing and I see that it is a 4-period weighted moving average.
```
wma=weightedaverage[4](close)

green=roc[1](wma)>0
red=roc[1](wma)<0

if green and red[1] then
drawarrowup(barindex,low)
elsif red and green[1] then
drawarrowdown(barindex,high)
endif

return wma
```
pdrh and druby thanked this post
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Code to find When PRT BANDS short Term Line changes colour

ProBuilder: Indicators & Custom Tools

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pdrh @pdrh Participant

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This topic contains 1 reply,
has 2 voices, and was last updated by Iván González
2 years, 2 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	06/21/2024
Status:	Active
Attachments:	No files

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Code to find When PRT BANDS short Term Line changes colour

Stuck on this ProBuilder code?

Code to find When PRT BANDS short Term Line changes colour ProBuilder: Indicators & Custom Tools

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Topic Details

Code to find When PRT BANDS short Term Line changes colour

ProBuilder: Indicators & Custom Tools