Description
This is a simple Indicator based on two Moving Averages, that you can choose between many of them made available natively from Ctrader.
The Indicator changes the colors of the Clouds depending on the Trend and it paints the Candles as well based on the Trend.
There was a little error in my code, and i just uploaded it without noticing it. The indicator was asked from some members our group
and i did it fast without having a better look into it. Here please delete the old one and install this one.
You can find me by joyining this Telegram Group http://t.me/cTraderCoders
Grupo de Telegram Para Brasileiros, Portugueses e todos aqueles que falam portugues:http://t.me/ComunidadeCtrader
Grupo CTrader en Español para Latinos: http://t.me/ComunidadCtrader
using System;
using System.Collections.Generic;
using System.Linq;
using System.Text;
using cAlgo.API;
using cAlgo.API.Collections;
using cAlgo.API.Indicators;
using cAlgo.API.Internals;
namespace cAlgo
{
[Cloud("Fast MA", "Slow MA", FirstColor = "LawnGreen")]
[Indicator(AccessRights = AccessRights.None, IsOverlay = true)]
public class MovingAverageCrossOverExperto : Indicator
{
[Parameter("Fast Period", DefaultValue = "45")]
public int fastPeriod{ get; set; }
[Parameter("Slow Period", DefaultValue = "100")]
public int slowPeriod{ get; set; }
[Parameter("Moving Average Type", DefaultValue = MovingAverageType.WilderSmoothing)]
public MovingAverageType MaType { get; set; }
[Output("Fast MA", LineColor = "LawnGreen")]
public IndicatorDataSeries Fast_MA { get; set; }
[Output("Slow MA", LineColor = "Coral")]
public IndicatorDataSeries Slow_MA { get; set; }
public MovingAverage SlowMa;
public MovingAverage FastMa;
protected override void Initialize()
{
FastMa = Indicators.MovingAverage(Bars.ClosePrices, fastPeriod, MaType);
SlowMa = Indicators.MovingAverage(Bars.ClosePrices, slowPeriod, MaType);
}
public override void Calculate(int index)
{
Fast_MA[index] = FastMa.Result[index];
Slow_MA[index] = SlowMa.Result[index];
if(Bars.ClosePrices[index] >= FastMa.Result[index])
{
if(Bars.ClosePrices[index] >= Bars.OpenPrices[index])
Chart.SetBarColor(index, Color.LawnGreen);
else if(Bars.ClosePrices[index] < Bars.OpenPrices[index])
Chart.SetBarColor(index, Color.Green);
}
else if(Bars.ClosePrices[index] < FastMa.Result[index])
{
if(Bars.ClosePrices[index] <= Bars.OpenPrices[index])
Chart.SetBarColor(index, Color.Red);
else if(Bars.ClosePrices[index] > Bars.OpenPrices[index])
Chart.SetBarColor(index, Color.Coral);
}
}
}
}
TraderExperto
Joined on 07.06.2019
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: Moving Average Cross Over Experto.algo
- Rating: 5
- Installs: 1757
Comments
Sorry for the error in the Code! Made it in a hurry some members of one of our groups were asking it.
So i just uploaded it without ckecking if it was everything all right
change rows 38 and 40, for full functionality
FastMa = Indicators.MovingAverage(Bars.ClosePrices, fastPeriod, MaType);
SlowMa = Indicators.MovingAverage(Bars.ClosePrices, slowPeriod, MaType);
I think this is a fantastic article, and I really appreciate you letting me know about it stumble guys. That is precisely what I had hoped to find, and I really hope that you will keep sharing content that is of such high quality in the years to come.