Simple average with visual color

• 03/03/2020 at 3:14 PM #121078
  leofi

  Hi all.

  Simple trend indicator based on moving average, define your moving average parameter and watch the result. You can apply in on the price chart or below it to get the trend direction or pullback infos quickly.

  green = fast moving average> normal and normal> slow.

  red = fast moving average <normal and normal <slow.

  yellow = green or red is not correct.

  Terminus Indicator

  //-+------------------------------------------------------------------+-// // | Description: Trend average indicator | // // | Author: Tom's - Leofi | // // | Last update: 01.03.20 | // //-+------------------------------------------------------------------+-// //-+------------------------------------------------------------------+-// // | Variable Setup | // //-+------------------------------------------------------------------+-// // slow = 200 // normal = 50 // fast = 20 // type = 1 emaSlow = average[slow, type](close) emaNormal = average[normal, type](close) emaFast = average[fast, type](close) //-+------------------------------------------------------------------+-// // | Logic | // //-+------------------------------------------------------------------+-// IF (emaFast > emaNormal and emaNormal > emaSlow) THEN backgroundColor(0,250,0) ELSIF (emaFast < emaNormal and emaNormal < emaSlow) THEN backgroundColor(250,0,0) ELSE backgroundColor(250,165,0) ENDIF RETURN emaFast coloured(200, 200, 200) STYLE(line, 2) AS "Fast Average 0", emaNormal coloured(80, 80, 80) STYLE(line, 2) AS "Normal Average 1", emaSlow coloured(0, 0, 0) STYLE(line, 2) AS "Slow Average 2"

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32

  //-+------------------------------------------------------------------+-// // | Description: Trend average indicator                             | // // | Author: Tom's - Leofi                                            | // // | Last update: 01.03.20                                            | // //-+------------------------------------------------------------------+-// //-+------------------------------------------------------------------+-// // | Variable Setup                                                   | // //-+------------------------------------------------------------------+-//   // slow = 200 // normal = 50 // fast = 20 // type = 1   emaSlow = average[slow, type](close) emaNormal = average[normal, type](close) emaFast = average[fast, type](close)   //-+------------------------------------------------------------------+-// // | Logic                                                            | // //-+------------------------------------------------------------------+-//   IF (emaFast > emaNormal and emaNormal > emaSlow) THEN     backgroundColor(0,250,0) ELSIF (emaFast < emaNormal and emaNormal < emaSlow) THEN     backgroundColor(250,0,0) ELSE     backgroundColor(250,165,0) ENDIF   RETURN emaFast coloured(200, 200, 200) STYLE(line, 2) AS "Fast Average 0", emaNormal coloured(80, 80, 80) STYLE(line, 2) AS "Normal Average 1", emaSlow coloured(0, 0, 0) STYLE(line, 2) AS "Slow Average 2"

   

  

  leofi

  Participant

  Topics: 2

  Replies: 1

  Been thanked: 0 times
  03/03/2020 at 3:16 PM #121079
  leofi

  Custom Terminus 2 moving average + setting

  //-+------------------------------------------------------------------+-// // | Description: Trend average indicator | // // | Author: Tom's - Leofi | // // | Last update: 03.03.20 | // //-+------------------------------------------------------------------+-// //-+------------------------------------------------------------------+-// // | Variable Setup | // //-+------------------------------------------------------------------+-// //-> RGB Background color positive trend (light pastel green) upR = 207 upG = 240 upB = 204 //-> RGB Background color negative trend (light pink) downR = 252 downG = 192 downB = 203 //-> Setting period moving average slow and fast slowMovingAverage = 200 fastMovingAverage = 20 //-> Setting type moving average typeMovingAverage = 1 //-+------------------------------------------------------------------+-// // | Logic | // //-+------------------------------------------------------------------+-// emaslowMovingAverage = average[slowMovingAverage, typeMovingAverage](close) emafastMovingAverage = average[fastMovingAverage, typeMovingAverage](close) IF (emafastMovingAverage > emaslowMovingAverage) THEN backgroundColor(upR, upG, upB) ELSIF (emafastMovingAverage < emaslowMovingAverage) THEN backgroundColor(downR, downG, downB) ENDIF RETURN emafastMovingAverage coloured(200, 200, 200) STYLE(line, 2) AS "Moving Average Fast", emaslowMovingAverage coloured(0, 0, 0) STYLE(line, 2) AS "Moving Average Slow"

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41

  //-+------------------------------------------------------------------+-// // | Description: Trend average indicator                             | // // | Author: Tom's - Leofi                                            | // // | Last update: 03.03.20                                            | // //-+------------------------------------------------------------------+-// //-+------------------------------------------------------------------+-// // | Variable Setup                                                   | // //-+------------------------------------------------------------------+-//   //-> RGB Background color positive trend (light pastel green) upR = 207 upG = 240 upB = 204   //-> RGB Background color negative trend (light pink) downR = 252 downG = 192 downB = 203   //-> Setting period moving average slow and fast slowMovingAverage = 200 fastMovingAverage = 20   //-> Setting type moving average typeMovingAverage = 1   //-+------------------------------------------------------------------+-// // | Logic                                                            | // //-+------------------------------------------------------------------+-//   emaslowMovingAverage = average[slowMovingAverage, typeMovingAverage](close) emafastMovingAverage = average[fastMovingAverage, typeMovingAverage](close)   IF (emafastMovingAverage > emaslowMovingAverage) THEN backgroundColor(upR, upG, upB) ELSIF (emafastMovingAverage < emaslowMovingAverage) THEN backgroundColor(downR, downG, downB) ENDIF   RETURN emafastMovingAverage coloured(200, 200, 200) STYLE(line, 2) AS "Moving Average Fast", emaslowMovingAverage coloured(0, 0, 0) STYLE(line, 2) AS "Moving Average Slow"

  Skrochey:

  Is there some way whereby this indicator can be simplified by just having two imputs.? Imput 1: Fast MA. Imput 2: Slow MA. The background of the chart appears in light pastel GREEN when the Fast MA is above the Slow MA indicating a positive trend. When the Fast MA is below the Slow MA, the Background of the Chart turns LIGHT PINK indicating negative. The settings of the MA can be adjusted to the Period as well as the type of MA.

  

  leofi

  Participant

  Topics: 2

  Replies: 1

  Been thanked: 0 times
  03/04/2020 at 4:55 AM #121110
  skrochey

  thks 🙂

   

  

  skrochey

  Participant

  Topics: 3

  Replies: 8

  Been thanked: 0 times
  03/05/2020 at 10:34 AM #121214
  Nicolas

  Thanks @leofi

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4775 times
• Author
  Posts