TE81950 wrote: Tue May 16, 2023 6:15 am Can someone please add arrows and alarms to this indicator on the color change between up and down

GoldenBrett90 wrote: Tue May 16, 2023 7:23 am Dear MrTools,
I am continuing on with another indicator idea regarding the OMA RSI 50-line cross.
The last one you made last night is very nice, by the way.
In theory, this should also work and I'm not sure if it's been made before.
This will be used to catch clear bursts of momentum according to the trend.

When the OMA RSI is above 50 and moving vertically (or also sideways and not declining), then a small buy arrow will be drawn on the chart AND the candles will be painted a buy color.
And vice-versa for a sell...
When the OMA RSI is below 50 and pointing downward (or also sideways and not advancing), then a small sell arrow will be drawn on the chart AND the candles will be painted a sell color.
There will also be neutral candlestick signals drawn using a neutral color (light gray for buy candles in a downtrend and dark gray candles for a sell in an uptrend)...
For example...
When the OMA RSI is above the 50-line, yet it's pointing downward, then a neutral-sell color (dark gray) will be displayed in the candles.
When the OMA RSI is below the 50-line, yet it's pointing upward, then a neutral-buy color (light gray) will be displayed in the candles.

In theory, it's simply distinguishing bursts of momentum and retracements. Let me know what you think. Thanks.

kvak wrote: Tue May 16, 2023 7:55 am Iam not Mrtools, but you may try this version.

kvak wrote: Tue May 16, 2023 7:55 am Iam not Mrtools, but you may try this version.

mrtools wrote: Tue May 16, 2023 6:01 am Posted a mtf version here

kvak wrote: Tue May 16, 2023 7:03 am This version dont working for you???

TE81950 wrote: Tue May 16, 2023 6:15 am Can someone please add arrows and alarms to this indicator on the color change between up and down

TE81950 wrote: Tue May 16, 2023 11:55 am It's been reprinting disappearing Arrow I don't experience that with this one