Red Light / Green Light

I have previously posted this on another thread.
It was for MultiCharts.

Someone asks if I can make a tradestation version.
Yes of course, here it is:


This might well be the Holy Grail you have been looking for.

Description: this is a MA based indicator

The indicator turns green when the price is trading above the MA
and turns red when the price is trading below the MA.

Format Setting:
set the General Style to Point, Weight to heavy
For the indicator to appear on the bottom of the screen, set the scale Range to Maxium=50, Minumum=-1
For the indicator to appear on the bottom of the screen, set the scale Range to Maxium=1, Minumum=-50

You can adjust the Length of the MA period.
(MC only) if you leave it at 0 (zero), the MA is automatically set to 3 periods for minute/hour/day charts
and 7 periods for tick and volume charts
Midrange is used to calculate the MA

[BlowFish]

Look for the rumpled ones MT4 indicators....more flashing lights than an 80's disco.