good indicator for sure
Created at 03 Sep 2014, 10:37
good indicator for sure
03 Sep 2014, 10:37
please can any one help me coding this indicator ctrader or mt4
// AK Trend ID Version 1.00
// This indicator simply indentifies if the market are
// in a up or down trend.
// For SPX or SPY ONLY, Time Frame = Monthly
// Created by Algokid 7/23/2014
// Toronto, Canada
study("AK_TREND ID (M)")
input1 = 3, input2 = 8 ,
fastmaa = ema(close,input1)
fastmab = ema(close,input2)
bspread = (fastmaa-fastmab)*1.001
adline = 0
m = bspread > 0 ? lime : red
plot (adline,color = white)
plot(bspread, color = m)
barcolor( bspread > 0 ? green :red)