MA Candles AM
- Indicators
- Andriy Matviyevs'kyy
- Version: 26.0
- Updated: 12 September 2023
- Activations: 5
This indicator colors candles in accordance with the projected price movement.
This indicator displays signals on the price chart when the closing price crosses the standard moving average line, as well as when the moving average changes its direction.
The indicator does not redraw on completed candlesticks.
The forming candlestick can change its color depending on the current data.
Thus, it is recommended to wait for the candlestick to be completed before making a decision.
Custom Parameters:
- MA_Period - moving average period;
- MA_Shift - moving average shift relative to the price chart;
- MA_Price - price for which the moving average is calculated;
- MA_Method - moving average calculation method;