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Indicators: iMovment

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Automated-Trading
Admin
100918
Automated-Trading 2010.04.12 11:18 

iMovment:

The indicator plots the candles with different colors depending on the trend direction and price movement.

The indicator changes its color smoothly if the price retracement from the maximum/minimum by value is less than the value of the Movment parameter. The value of retracement, equal of greater than Movment parameter, considered as a trend change, the indicator changes its color smoothly until the next retracement will be equal to Movment parameter.

Author: Дмитрий

iMovment indicator

kissaki
48
kissaki 2010.05.25 21:23  
Automated-Trading :

iMovment:

Author: Дмитрий

Hi, can you modify iMovement base on Moving Average ? For Example, if I set using EMA 30, then if the Canldle run above the EMA 30, the color will be blue, if below - the color will be red, and if the price at the EMA 30, the price will be gray... please help.. :)
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