OPEN-SOURCE SCRIPT
Ichimoku MA Up & Down
Diupdate
Ichimoku and MA use the default.
It is repainted because it uses a moving average line.
A marker is only true if it was created after the candle closed.
The principle is too simple.
Please enjoy using it.
[Trend]
- Up : Conversion Line > MA #1 and Base Line > MA #2
It is an uptrend. The short-term moving average should be above the conversion line. And the long-term should be above the Base Line.
- Down : Conversion Line < MA #1 and Base Line < MA #2
It's a downtrend. The short-term moving average should be below the conversion line. And the long-term should be below the Base Line.
You can get better results if you use a momentum indicator like RSI.
Thank you.
It is repainted because it uses a moving average line.
A marker is only true if it was created after the candle closed.
The principle is too simple.
Please enjoy using it.
[Trend]
- Up : Conversion Line > MA #1 and Base Line > MA #2
It is an uptrend. The short-term moving average should be above the conversion line. And the long-term should be above the Base Line.
- Down : Conversion Line < MA #1 and Base Line < MA #2
It's a downtrend. The short-term moving average should be below the conversion line. And the long-term should be below the Base Line.
You can get better results if you use a momentum indicator like RSI.
Thank you.
Catatan Rilis
When all conditions are satisfied, the color is blue.Down condition is red when all conditions are satisfied.
If not all satisfied, it is alpha color.
Catatan Rilis
Background ColorSkrip open-source
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