Moving average that coloures the candles

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Updated May 22, 2013

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Moving average that coloures the candles

May 21st, 2013, 05:46 AM	#1 (permalink)
fossil Germany Elite Member Experience: Intermediate Platform: Ninjatrader Broker: IB and zen-Fire Trading: NQ Posts: 92 since Apr 2010 Thanks Given: 8 Thanks Received: 39	Does somebody know a moving average indicator witch colours the candles?

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May 21st, 2013, 06:14 AM

#2 (permalink)

Abde

Stuttgart / Germany

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fossil

Does somebody know a moving average indicator witch colours the candles?

@fossil,

Sure, The MovingAverageColors2 can do that and more. @Silvester17 created this masterpiece and you can download it from my post 7865, located here:

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yiman,

The attached MovingAverageColors2 should fulfill your needs. Created by our brilliant Silvester17. You have the choice of 5 MAs (EMA,HMA,SMA,WMA,LinReg,LLMA) and options for arrows, background color, paint bars and sound alerts. Have fun!

For …

Have fun!

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May 21st, 2013, 06:26 AM

#3 (permalink)

fossil

Germany

Experience: Intermediate

Platform: Ninjatrader

Broker: IB and zen-Fire

Trading: NQ

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Abde

@fossil,

Sure, The MovingAverageColors2 can do that and more. @Silvester17 created this masterpiece and you can download it from my post 7865, located here:

Want your NinjaTrader indicator created, free?
yiman,

The attached MovingAverageColors2 should fulfill your needs. Created by our brilliant Silvester17. You have the choice of 5 MAs (EMA,HMA,SMA,WMA,LinReg,LLMA) and options for arrows, background color, paint bars and sound alerts. Have fun!

For …

Have fun!

Very Cool thank you!!

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May 21st, 2013, 11:51 AM	#4 (permalink)
Fat Tails Berlin, Europe Legendary Market Wizard Experience: Advanced Platform: NinjaTrader Broker: Interactive Brokers Trading: Futures & Stocks Posts: 9,887 since Mar 2010 Thanks Given: 4,242 Thanks Received: 27,117	You could use the Bollinger Universal indicator and unselect the option "Show channel lines". This leaves you with 27 different moving averages and a moving median which can be colored according to slope. The color can also be displayed via paint bars. If you further unselect the moving average (midband), then it is possible to display the paint bars alone and use them as a trend filter. The Keltner Universal indicator can be used for the same purpose.

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May 22nd, 2013, 01:53 AM

#5 (permalink)

fossil

Germany

Experience: Intermediate

Platform: Ninjatrader

Broker: IB and zen-Fire

Trading: NQ

Posts: 92 since Apr 2010

Thanks Given: 8

Thanks Received: 39

Fat Tails

You could use the Bollinger Universal indicator and unselect the option "Show channel lines".

This leaves you with 27 different moving averages and a moving median which can be colored according to slope.

The color can also be displayed via paint bars.

If you further unselect the moving average (midband), then it is possible to display the paint bars alone and use them as a trend filter.

The Keltner Universal indicator can be used for the same purpose.

Sound good, i will try it!

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Last Updated on May 22, 2013

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