Micro E-mini Nasdaq-100 Index Futures (Sep 2021)CME
Description
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This script changes the color of the candles based on uptrend (green), downtrend (red), neutral/chop (yellow). It uses an ATR and Pivots to determine the direction, or lack of. Since all markets move differently and market volatility changes, you will need to adjust the settings to find a potential match for the day. It's pretty simple to use. Just enter in the direction of the trend and exit (or reverse) when the candle color changes.
Notes de version
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Script was having an issue working on some crypto assets as mentioned by some users. The Pinecoders group found that I had reversed ATR Length and ATR Range references. The issue has been resolved.
I like the design of this indicator very much. Your design is great, but I can’t understand the code and don’t know how it is calculated. I am a digital currency trader and I can see k on Ethereum and Bitcoin. The line changes, but only one color is displayed in other varieties no matter how I adjust the indicator. I plan to integrate your strategy into my trading system. Under your influence, I decided to start learning programming. I'm sorry that the content is translated by Google, there will be strange grammar.
Hope to hear from you.
NorthStarDayTrading
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@xiemingchao123, This is ETHUSD on a 10 min chart. In your TradingView chart settings, remove the borders of the candles and the colors will show better.