Colour changing moving average please

volan 2006.03.23 18:24

I know this indicator is out there somewhere, I just can't find it. I'm looking for a Moving Average indicator that changes colour according to its slope (example, green for upslope, red for downslope, blue for neutral).

I have found an indicator that does this on the metatrader website, but it does not allow you to change the MA period, nor does it allow you to change between EMA, SMA, close, mid, etc.

If anyone could point me to such an indicator I would really appreciate it.

Thanks in advance.

volan 2006.03.29 18:08 #1

can nobody help?

Does nobody have a lead for me? I thought that such an indicator would be easy to get.

volan 2006.03.30 21:26 #2

close but...

Thanks Nigel, I appreciate you posting that indicator.

The Indicator you posted is a Least Squares Moving Average, not a "regular" moving average, but the way the colours change is exactly what I'm looking for.

The LSMA intrigues me though, I'll have to learn how to use it.

But in the meantime if anyone can point me to an EMA that changes colour in a similar manner I'd really appreciate it.

Moving Average - Trend Moving Average - Trend Moving Average - Trend

Sergey Golubev 2006.03.31 07:21 #3

volan:
Does nobody have a lead for me? I thought that such an indicator would be easy to get.

Try this https://www.mql5.com/en/forum/173235

I fixed and modified slightly well-known indicator. I think it is what you need.

Arta2015 2006.03.31 07:58 #4

newdigital:
Try this https://www.mql5.com/en/forum/173235 I fixed and modified slightly well-known indicator. I think it is what you need.

hi newdigital

thanks u for the indicator.but i should say i found something interesting about the indicator.the thickness of indicator line changes due to the change of price all the time.

would u help

Sergey Golubev 2006.03.31 08:31 #5

kamyar:
hi newdigital

thanks u for the indicator.but i should say i found something interesting about the indicator.the thickness of indicator line changes due to the change of price all the time.

would u help

Yes it was Three_Color indicator with changing the width.

Try this one https://www.mql5.com/en/forum/173235

volan 2006.04.03 14:30 #6

Thank you so much

Thank you very much for posting that MA. It looks like it's what I need, however the colours don't seem to match to the slope. Do the colours mean something else?

I thought that green would indicate upslope, red downslope, etc. But when I look at the indicator on my charts, sometimes the slope is up and it's red, sometimes down and green, etc.

Can you please explain what the colours are?

Upon closer inspection it appears that the colours always alternate the same way, that is blue, green, red. Also the length of each colour segment appears to be the same. I have "grid" enabled on my charts and on the 1hr it looks like each colour segment is 5 gridsquares long.

Thank you.

Awesome Oscillator - Bill Awesome Oscillator - Bill Awesome Oscillator - Bill

doubletop 2006.06.07 16:59 #7

Is this what your looking for?

volan:
Does nobody have a lead for me? I thought that such an indicator would be easy to get.

Hello Volan,

See attached, hope this is what your looking for?

Cheers Nigel.

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