[PeterBrazel]

I am trying to either get hold of code or code myself an MA indicator that changes color depending on the slope of the MA. Say maybe blue for up trending red for downtrending and yellow for flat. I have adjusted the code of an MA to give two colors depending on the plot being > or < than the prior but I am a little stumped on working out exactly how I could achieve the slope measurement that I require.

I have had a bit of a look around and cannot locate where this has been done before. I would have thought someone would have posted one somewhere as the codies out there are very good at this sort of stuff, unlike me. But step by step I guess.

Any ideas?

[Tams]

if you post what you have tried, maybe someone will chime in...

[PeterBrazel]

[LegacyColorValue = false];

{************************ *Peter's MA Slope Indicator**************** *****************

This indicator seeks to plot color changes on an MA indicator according to the slope
of an MA.

************************* ************************* ************************* **********}

inputs:
Price( Close ),
Length( 9 ),
Displace( 0 ),
colourDeltaBar(1),
UpColor(blue),
DnColor(red),
NColor(yellow);

variables:
var0( 0 ) ;



Value1 = AverageFC( Price, Length ) ;

Plot1(Value1, "MA Neutral");

{***********Color change criteria*************** }
if (Value1 > Value1[2]) then
SetPlotColor[colourDeltaBar](1, upColor)
else if (Value1 < Value1[2]) then
SetPlotColor[colourDeltaBar](1, dnColor);


if Displace <= 0 then
begin
condition1 = Price crosses over var0 ;
if condition1 then
Alert( "Price crossing over average" )
else
begin
condition1 = Price crosses under var0 ;
if condition1 then
Alert( "Price crossing under average" ) ;
end ;
end;

[PeterBrazel]

The above code is a work in progress and currently changes color ONLY dependent on the MA being either > or < the prior close. I would like to change this to make it dependent on the slope of the MA [input].

[Tams]

how would you like to define the slope?


how do you perceive the color change?

can you post a mock up?

[PeterBrazel]

An upward sloping MA indicates an uptrend condition.
A downward sloping MA indicates a downtrend condition.
A flat MA indicates an area of congestion.

I think the condition that changes the color would have to be one of percentages, that is unless an angle can be defined.

Having trouble with attachment. Will include in seperate post.

Thanks

[Tams]

[Tams]