OPEN-SOURCE SCRIPT

macBar is a script for displaying the trend with colored bars

This script is based on educational materials I received at a webinar by Jeffrey Kennedy of Elliott Wave International. I didn't find such a script in the Tradingview library, so I wrote it myself.

This is a simple script that colors the bars depending on where the price is and its extremes relative to a simple moving average.

The green bars say the market is bullish.
The gray bars indicate that the market is neutral.
The red bars say the market is bearish.

In the script, you can change the period of the simple moving average, by default it is 10.
Moving AveragesTrend Analysis

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?

Clause de non-responsabilité