18 rainbow averages

18 rainbow averages

Code created on the basis of Nicolas’ work, thanks to him and the time he spends for us.

18 moving averages which are in fact the same with a time lag. You can change the period in the code and thus adjust it. Ideally buy on a rebound when the price is below the rainbow with stop loss just below the previous low. Or sell on a retracement candle when the price is above the rainbow.

Or sell on a retracement candle when the price is above the rainbow. Basic but visual.

 

Share this

adaptive moving average RainBow
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.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

Find other exclusive trading pro-tools on ProRealCode Marketplace

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials

avatar
117 days ago

1 post • 0 Followers
  1. avatar
    kats • 108 days ago #

    Bonsoir,
    j’aimerai pouvoir mettre sur un même graphique 2 fois cet indicateur. le premier tel quel, le second 10 fois superieur . J’ai donc installé celui ci et est change la period en la remplaçant par 30 dans le second mais je n’ai rien touché d’autre et le resultat n’est pas terrible. Je pense qu’il doit y avoir une histoire de numberofMA a modifier mais n’etant pas douée en programation je ne trouve pas. Pouvez vous m’aider cdlt

    • avatar
      jordan • 106 days ago #

      //—settings
      MAmode=0
      Period=150
      NumberOfMA=100
      //—end of settings

      MA2=undefined
      MA3=undefined
      MA4=undefined
      MA5=undefined
      MA6=undefined
      MA7=undefined
      MA8=undefined
      MA9=undefined
      MA10=undefined
      MA11=undefined
      MA12=undefined
      MA13=undefined
      MA14=undefined
      MA15=undefined
      MA16=undefined
      MA17=undefined
      MA18=undefined
      M19=undefined

      numberofMA=max(min(numberofma,18),1)

      MA1=average[period](close)

      if numberofMA=2 then
      MA2=average[period,mamode](MA1)
      elsif numberofMA=3 then
      MA2=average[period,mamode](MA1)
      MA3=average[period,mamode](MA2)
      elsif numberofMA=4 then
      MA2=average[period,mamode](MA1)
      MA3=average[period,mamode](MA2)
      MA4=average[period,mamode](MA3)
      elsif numberofMA=5 then
      MA2=average[period,mamode](MA1)
      MA3=average[period,mamode](MA2)
      MA4=average[period,mamode](MA3)
      MA5=average[period,mamode](MA4)
      elsif numberofMA=6 then
      MA2=average[period,mamode](MA1)
      MA3=average[period,mamode](MA2)
      MA4=average[period,mamode](MA3)
      MA5=average[period,mamode](MA4)
      MA6=average[period,mamode](MA5)
      elsif numberofMA=7 then
      MA2=average[period,mamode](MA1)
      MA3=average[period,mamode](MA2)
      MA4=average[period,mamode](MA3)
      MA5=average[period,mamode](MA4)
      MA6=average[period,mamode](MA5)
      MA7=average[period,mamode](MA6)
      elsif numberofMA=8 then
      MA2=average[period,mamode](MA1)
      MA3=average[period,mamode](MA2)
      MA4=average[period,mamode](MA3)
      MA5=average[period,mamode](MA4)
      MA6=average[period,mamode](MA5)
      MA7=average[period,mamode](MA6)
      MA8=average[period,mamode](MA7)
      elsif numberofMA=9 then
      MA2=average[period,mamode](MA1)
      MA3=average[period,mamode](MA2)
      MA4=average[period,mamode](MA3)
      MA5=average[period,mamode](MA4)
      MA6=average[period,mamode](MA5)
      MA7=average[period,mamode](MA6)
      MA8=average[period,mamode](MA7)
      MA9=average[period,mamode](MA8)
      elsif numberofMA=10 then
      MA2=average[period,mamode](MA1)
      MA3=average[period,mamode](MA2)
      MA4=average[period,mamode](MA3)
      MA5=average[period,mamode](MA4)
      MA6=average[period,mamode](MA5)
      MA7=average[period,mamode](MA6)
      MA8=average[period,mamode](MA7)
      MA9=average[period,mamode](MA8)
      MA10=average[period,mamode](MA9)
      elsif numberofMA=11 then
      MA2=average[period,mamode](MA1)
      MA3=average[period,mamode](MA2)
      MA4=average[period,mamode](MA3)
      MA5=average[period,mamode](MA4)
      MA6=average[period,mamode](MA5)
      MA7=average[period,mamode](MA6)
      MA8=average[period,mamode](MA7)
      MA9=average[period,mamode](MA8)
      MA10=average[period,mamode](MA9)
      MA11=average[period,mamode](MA10)
      elsif numberofMA=12 then
      MA2=average[period,mamode](MA1)
      MA3=average[period,mamode](MA2)
      MA4=average[period,mamode](MA3)
      MA5=average[period,mamode](MA4)
      MA6=average[period,mamode](MA5)
      MA7=average[period,mamode](MA6)
      MA8=average[period,mamode](MA7)
      MA9=average[period,mamode](MA8)
      MA10=average[period,mamode](MA9)
      MA11=average[period,mamode](MA10)
      MA12=average[period,mamode](MA11)
      elsif numberofMA=13 then
      MA2=average[period,mamode](MA1)
      MA3=average[period,mamode](MA2)
      MA4=average[period,mamode](MA3)
      MA5=average[period,mamode](MA4)
      MA6=average[period,mamode](MA5)
      MA7=average[period,mamode](MA6)
      MA8=average[period,mamode](MA7)
      MA9=average[period,mamode](MA8)
      MA10=average[period,mamode](MA9)
      MA11=average[period,mamode](MA10)
      MA12=average[period,mamode](MA11)
      MA13=average[period,mamode](MA12)
      elsif numberofMA=14 then
      MA2=average[period,mamode](MA1)
      MA3=average[period,mamode](MA2)
      MA4=average[period,mamode](MA3)
      MA5=average[period,mamode](MA4)
      MA6=average[period,mamode](MA5)
      MA7=average[period,mamode](MA6)
      MA8=average[period,mamode](MA7)
      MA9=average[period,mamode](MA8)
      MA10=average[period,mamode](MA9)
      MA11=average[period,mamode](MA10)
      MA12=average[period,mamode](MA11)
      MA13=average[period,mamode](MA12)
      MA14 =average[period,mamode](MA13)
      elsif numberofMA=15 then
      MA2=average[period,mamode](MA1)
      MA3=average[period,mamode](MA2)
      MA4=average[period,mamode](MA3)
      MA5=average[period,mamode](MA4)
      MA6=average[period,mamode](MA5)
      MA7=average[period,mamode](MA6)
      MA8=average[period,mamode](MA7)
      MA9=average[period,mamode](MA8)
      MA10=average[period,mamode](MA9)
      MA11=average[period,mamode](MA10)
      MA12=average[period,mamode](MA11)
      MA13=average[period,mamode](MA12)
      MA14 =average[period,mamode](MA13)
      MA15 =average[period,mamode](MA14)
      elsif numberofMA=16 then
      MA2=average[period,mamode](MA1)
      MA3=average[period,mamode](MA2)
      MA4=average[period,mamode](MA3)
      MA5=average[period,mamode](MA4)
      MA6=average[period,mamode](MA5)
      MA7=average[period,mamode](MA6)
      MA8=average[period,mamode](MA7)
      MA9=average[period,mamode](MA8)
      MA10=average[period,mamode](MA9)
      MA11=average[period,mamode](MA10)
      MA12=average[period,mamode](MA11)
      MA13=average[period,mamode](MA12)
      MA14 =average[period,mamode](MA13)
      MA15 =average[period,mamode](MA14)
      MA16 =average[period,mamode](MA15)
      elsif numberofMA=17 then
      MA2=average[period,mamode](MA1)
      MA3=average[period,mamode](MA2)
      MA4=average[period,mamode](MA3)
      MA5=average[period,mamode](MA4)
      MA6=average[period,mamode](MA5)
      MA7=average[period,mamode](MA6)
      MA8=average[period,mamode](MA7)
      MA9=average[period,mamode](MA8)
      MA10=average[period,mamode](MA9)
      MA11=average[period,mamode](MA10)
      MA12=average[period,mamode](MA11)
      MA13=average[period,mamode](MA12)
      MA14 =average[period,mamode](MA13)
      MA15 =average[period,mamode](MA14)
      MA16 =average[period,mamode](MA15)
      MA17 =average[period,mamode](MA16)
      elsif numberofMA=18 then
      MA2=average[period,mamode](MA1)
      MA3=average[period,mamode](MA2)
      MA4=average[period,mamode](MA3)
      MA5=average[period,mamode](MA4)
      MA6=average[period,mamode](MA5)
      MA7=average[period,mamode](MA6)
      MA8=average[period,mamode](MA7)
      MA9=average[period,mamode](MA8)
      MA10=average[period,mamode](MA9)
      MA11=average[period,mamode](MA10)
      MA12=average[period,mamode](MA11)
      MA13=average[period,mamode](MA12)
      MA14=average[period,mamode](MA13)
      MA15=average[period,mamode](MA14)
      MA16=average[period,mamode](MA15)
      MA17=average[period,mamode](MA16)
      MA18=average[period,mamode](MA17)
      endif

      return ma1 coloured(“blue”), ma2 coloured(“blue”), ma3 coloured(“green”), ma4 coloured(“green”), ma5 coloured(“yellow”),MA6 coloured(“yellow”),MA7 coloured(“orange”),MA8 coloured(“orange”),MA9 coloured(“red”)style(line,3),MA10 coloured(“red”),MA11 coloured(“pink”),MA12 coloured(“pink”),MA13 coloured(“fuchsia”),MA14 coloured(“fuchsia”),MA15 coloured(“brown”),MA16 coloured(“brown”),MA17 coloured(“cyan”),MA18 coloured(“cyan”)

      // couleur “blue” “purple” “red” “orange” “fuchsia” “yellow” “brown” “white” “green” “pink”

    • avatar
      jordan • 106 days ago #

      dites moi si cela correspond à ce que vous cherchez

  2. avatar
    kats • 104 days ago #

    bonjour
    merci de ta reponse mais non ca fonctionne pas
    sympa quand même d’avoir essayé
    cdlt

avatar
Register or

Likes

avatar avatar avatar avatar
Related users ' posts
avatar
okeus Ivan, riesci a creare un indicatore per le "evolventi paraboliche" ? grazie
avatar
groelandes Impagable tu trabajo cada semana. ¡Gracias!
avatar
Iván de nada! :)
avatar
P. Marlowe Muy bueno. ¿Podría hacerse para señalar extremos por el lado bajista? Lo mismo a la inversa....
avatar
Miro Esta es una versión del indicador, para ambos extremos. //-------------------------------...
avatar
P. Marlowe Muchas gracias ¡¡
avatar
Stenozar Ciao IVAN , mi da errore per la riga 49 "print tema low"; puoi suggerirmi la modifica da met...
avatar
Iván Avete provato a scaricare il file .itf?
avatar
AndyB72 Caricato ora sulla V12, nessun errore.
avatar
jacquesgermain Bonjour non pas de soucis car src=customclose donc dans le menu configuration/propriété me...
avatar
geroniman Merci Jacques , indic tres utile. J'ai un indic à programmer avec du price action. es tu dis...
avatar
jacquesgermain ok pour regarder ...
avatar
Nicolas
2 years ago
FantailVMA
FantailVMA
#ADX #moving average
5
Indicators
avatar
FXtonio Bonjour Nicolas, merci pour cette merveille, je l'utilise en compl2ment du "magical buy sell...
avatar
xpe74 Bonjour Nicolas, quelle est la valeur de MA que l'on doit prendre en compte pour intégration...
avatar
Nicolas Il faut faire un CALL de l'indicateur et y placé en paramètre les valeurs des périodes souha...
avatar
supertiti Bel outil si on ne se tape pas sur les doigts avec ! Comment ajoute-on une image avec le co...
avatar
magnus59 Hi Nicolas, thaks for your great work here, I need a scanner for the swedish OMX when ma...
avatar
Nicolas Yes, sure please open a new topic in the ProScreener forum section, thank you.
avatar
paullyons Hello! Thanks for post your indicators. I'd like you to let me know how to draw lines for ...
avatar
Rafa Hi Nicolas! I can´t install this indicator. it installs in a separate window not as an av...
avatar
Nicolas Add it on the price, see how: https://www.prorealcode.com/blog/video-tutorials/how-to-add-an...
avatar
Frankyslo1 No consigo instalarlo en el precio en PRL-version 10
avatar
Roland57800 Bonjour Noobywan, si je comprends bien l'utilisation de ce code que je trouve particulièr...
avatar
Noobywan Bonjour, quand la question a été posée dans le forum à celui qui avait fait la requête en am...
avatar
Fabian This Code draws only a retangle if the condition has been confirmed and NOT before (in that ...
avatar
RakeshPoluri I have a question about the bands on the candles. Is it bollinger bands or something else?
avatar
Nicolas I think that's 2 Bollinger Bands
avatar
Emperor.it "style(line,2)" C'è una guida ai parametri che si possono modificare ? Tipo stile della lin...
avatar
IV Mcm https://www.prorealcode.com/programming-with-prorealtime/
avatar
Emperor.it Tanks
avatar
fazel53 How do i attach this indicator to my mt5 platform?
avatar
Nicolas You can't! All indicators here are for ProRealTime trading platform: https://www.prorealtime...
avatar
Nicolas c'est exactement ce que je fais entre les lignes 58 et 64 pour pouvoir tracer la ligne complète
avatar
Italo Fabian Nicolas, Ces matrices sont-elles des vecteurs unidimensionnels ou multidimensionnels? Depu...
avatar
Denis Bonjour Nicolas et RicLg, Merci Nicolas pour cet indicateur intéressant et merci RicLg pour...
avatar
Nicolas Il faut l'ajouter sur le prix avec l'icône de la clé situé en haut à gauche du graphique du ...
avatar
jerome777 merci de ta réponse
avatar
jerome777 bonjour c est bon il fonctionne parfaitement merci beaucoup
avatar
Ciccarelli Franco Per lasciare che la strategia venga eseguita (dopo aver importato il file): Basta eliminare...
avatar
JADINVEST Hello Jan, hello everyone, Thanks Jan for this strategy! Since 2020, have any of you found a...
avatar
Alessandro Furlani Hi Ian, hope you still use PRT and so you can read this post. I have tested a lot your work ...
avatar
FXmike hey my friends, thank you for this great code. my problem is he make no trade open. backtest...
avatar
FXmike Can i put a Action that my start contract is smaller than 1 ? 0.3 or 0.5 ? In wich Position...
avatar
phoentzs I wrote the code for M15 back then and also variants in H1 and M1. Everything works so far....

Top