Hi Talaate, modified it using close<> the ma for the coloring.talaate wrote: Ok mladen The coloring of the indicator line is changing, as I understand, according to the slope of the line average. What I am looking for is the coloring when the idicator changing not according to the slop of the average but according to the close candle price such that if the candle price closes above the line, the sign, from my point of view, is buy and vice versa. Therefor, the sign of buy or sell will be due to price action in relationship with average. From my point view, according to my little experience, this approach on great factor for my decision for buy or sell especially for averages more than 100 and/or 200. I hope I am clear
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Re: Moving Average indicators for MT4
mrtools, Thu Mar 02, 2017 12:45 pm