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Re: Moving Average indicators for MT4

kvak, Sat Mar 09, 2024 9:41 am

josi wrote: Fri Mar 08, 2024 7:36 pm Thanks for your excellent work, kvak
Just one thought:
At the moment your candles are gray if the MA is in the hilo-channel.
While I understand the concept, this method gives you imprecise information about actual price movement.
I think for actual trading purposes it would be much better to colour candles according to these rules:
closed price:
price < MA < hilo-channel = red
price > MA > hilo-channel = blue
price between MA and hilo-channel = gray
Maybe this version...
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