Indicators: 3 MAs Market

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3 MAs Market:

Indicator that shows the current estimated state of the market based on a correlation of 3 Moving Averages.

If using default settings, the colors are the following:

  • Light green - trend up.
  • Green - possible up trend start.
  • Red - trend down.
  • Orange - possible down trend start.
  • Gray - choppy.

The usual set of average types available (SMA, EMA, SMMA and LWMA) as well as the usual set of prices.

Author: Mladen Rakic

 

Hello Mladen, the finally colour of the candle is being decided at the end of the candle (so it doesn't repaint)?!

Thanks

 
Andreas Bauer:

Hello Mladen, the finally colour of the candle is being decided at the end of the candle (so it doesn't repaint)?!

Thanks

Current (still opened) bar can change color. First closed and the rest can not. So there is no repainting
 
Hello Mladen, for MT4 its posible same indicator 


Thanks in advance 
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