Code to find When PRT BANDS short Term Line changes colour

• 06/21/2024 at 1:43 AM #234161
  pdrh

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

  

  pdrh

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

  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

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  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

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  druby, pdrh

  

  Iván

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