Ichimoku MA Up & Down

25 oct. 2022

Ichimoku and MA use the default.

It is repainted because it uses a moving average line.
A marker is only true if it was created after the candle closed.
The principle is too simple.
Please enjoy using it.

[Trend]
- Up : Conversion Line > MA #1 and Base Line > MA #2
It is an uptrend. The short-term moving average should be above the conversion line. And the long-term should be above the Base Line.
- Down : Conversion Line < MA #1 and Base Line < MA #2
It's a downtrend. The short-term moving average should be below the conversion line. And the long-term should be below the Base Line.

You can get better results if you use a momentum indicator like RSI.
Thank you.

25 oct. 2022

Notes de version

When all conditions are satisfied, the color is blue.
Down condition is red when all conditions are satisfied.
If not all satisfied, it is alpha color.

25 oct. 2022

Notes de version

Background Color