Market Thermometer Volume Indicator |
//www.aflcode.com H1 = Ref(H, -1); L1 = Ref(L, -1); T = IIf(H<H1 AND L>L1, 0, IIf(H-H1>L1-L, H-H1, L1-L)); Val1 = H-H1; Val2 = L1-L; Val = IIf(Val1>Val2, Val1, Val2) ; Avgval = Median(Val, 22); color= IIf (Val < Avgval, colorGreen, IIf(Val >= Avgval AND Val < Avgval * 3, colorLightBlue, IIf(Val > Avgval * 3, colorRed, colorViolet))); Plot(T, "Market Thermometer", color, styleHistogram | styleThick); Plot( EMA( t, 22), "EMA 22", colorTan, styleThick);
Sign up here with your email
ConversionConversion EmoticonEmoticon