kvak wrote: Mon Mar 04, 2024 6:32 am
I rewrite my old indicator updated averages and regmas....for your testing.
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