Paint the candlesticks with conditions based on CCI and MACD.
- green color when cci [14] > 0 and macd line > signal line
- red color when cci [14] < 0 and macd line < signal line
- grey color when cci > 0 and macd line< signal line or cci < 0 and macd line> signal line
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// Variable a=CCI[14](typicalPrice) b=MACDline[12,26,9](close) c = ExponentialAverage[9](b) //Hausse if a > 0 and b > c then r = 0 b = 0 g = 255 //Baisse elsif a < 0 and b < c then r = 255 b = 0 g = 0 //Neutre elsif a > 0 and b < c OR a < 0 and b > c then r = 195 g = 195 b = 195 endif DRAWCANDLE(open,high,low,close) coloured(r,g,b) RETURN |
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Thanks for sharing, this may be a useful filter but I’m not sure if it’s coded correctly since I only get red and gray candles but never any green ones regardless of which instrument and timeframe I try it on.
Yes, line 5 is truncated. I can’t edit, please replace by:
c=exponentialaverage[9](MACDLine[12,26,9](close))
Hi
I down loaded the ITF file, it paints red for a down trend but for all up trends the candles are grey. Could you advise how I get the candles to paint blue please
line 22: r = 195 by r = 0
line 23: g = 195 by g = 0
line 24: b = 195 by b = 255
😉