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  • MA COLOR Trend

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    Indigo Graficos
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    This document defines an indicator overlay that plots a 21-period moving average of a selected data series with color coding above, below, and at the moving average level. User inputs allow selecting the data source, average type, and configuring the colors and width of the plotted line. The moving average is calculated and plotted over the source data with colors conditioned on the close relative to the average.

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    MA COLOR Trend.txt

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    This document defines an indicator overlay that plots a 21-period moving average of a selected data series with color coding above, below, and at the moving average level. User inputs allow selecting the data source, average type, and configuring the colors and width of the plotted line. The moving average is calculated and plotted over the source data with colors conditioned on the close relative to the average.

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    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    7 views1 page

    MA COLOR Trend

    Uploaded by

    Indigo Graficos
    This document defines an indicator overlay that plots a 21-period moving average of a selected data series with color coding above, below, and at the moving average level. User inputs allow selecting the data source, average type, and configuring the colors and width of the plotted line. The moving average is calculated and plotted over the source data with colors conditioned on the close relative to the average.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    instrument {

    overlay = true,
    name = "MA COLOR Trend",
    short_name = "FSNR",
    icon = "indicators:AO"
    }
    period = input (21, "front.period", input.integer, 1)
    source = input (1, "front.ind.source", input.string_selection,
    inputs.titles_overlay)
    fn = input (1, "front.newind.average", input.string_selection, averages.titles)
    input_group {
    "front.ind.dpo.generalline",
    colorup = input { default = "#0000FF", type = input.color },
    colordn = input { default = "#FF0000", type = input.color },
    colorn = input { default = "#FFA07A", type = input.color },
    width = input { default = 1, type = input.line_width}
    }
    local sourceSeries = inputs [source]
    local averageFunction = averages [fn]
    avrg = averageFunction(sourceSeries, period)
    colors = iff(close > avrg, colorup, iff(close < avrg, colordn, colorn))
    plot(avrg, "Ma Color", colors, width, 0, style.dash_line, na_mode.continue)

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