Color Bar On Trend - This indicator has been discontinued - its best moving parts have been included in the
Enhanced Multi Color Moving Average
Description - Click here to view the full size chart
- Indicator colors the bars based on the following
- Trend of a moving average
- The relationship of the Accumulation/Distribution line to its moving average
- Fisher Transform trend
- MACD line in relation to the zero line
- MACD histogram in relation to the zero line
Key Features
- Individual color parameters can be set for the candle body and/or the candle outline
- MACDsignal = the period of the signal line in the MACD calculation
- MACDslow = the period of the slow moving average in the MACD calculation
- MACDfast = the period of the fast moving average in the MACD calculation
- "Period" is the period of the MA types (SMA, EMA, TEMA, HMA, WMA, VWMA)
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