Do we have available a moving average indicator that would change colour when the average changes direction.......

and , further to that, is it possible to create an indicator that would be able to use, say three or four moving averages and then create an alert when two or three of them are going the same way.....?

I am new to writing code for Metatrader so I have to ask a few questions before I can develop some ideas.......

Thanks for your help


dave

I posted something here.

Thanks Newdigital, I will have a look at those.......

thanks again

Three variants of the same indicator. HMA is a basic one.
According to this

buffer[i]=iMA(NULL,0,MathFloor
(HMA_Period/2),0,MODE_LWMA,PRICE_CLOSE,i)*2-
iMA(NULL,0,HMA_Period,0,MODE_LWMA,PRICE_CLOSE,i);

one LWMA subtracts from the other.
That means it more like MACD,

I like bar coloring more.

Enjoy

Thanks for those.......

Blaiserboy,

Thanks that you started this thread. I think we all are using MA.

I added some an other indicators with color changing etc here.