Candle Ribbon Bull Bear Trend |
//www.aflcode.com _SECTION_BEGIN("Candle Ribbon"); /* This code Draws a RIBBON made of Candle Bodies between 2 MAs. As the MAs Cross the colors alternate with the Colors defined in Preferances - Colors - Up/Down Candlestick. The code can easily be modified to draw a Ribbon between any 2 lines (indicator/oscillators) as noted below. */ GraphXSpace = 5; P1 = Param("P1", 20, 1, 200, 1); // Parameters for moving Avgs P2 = Param("P2", 50, 1, 200, 1); //Plot( C, "", colorWhite, styleCandle); // Plot "ACTUAL" Price Candles //theROC = ROC(C , 1); //theROC = round(theroc*100)/100; /*************************** START CODE THAT CREATES & PLOTS RIBBON ******/ rC = MA(C, P1); // Change Temporary Price arrays rO = EMA(C, P2); // to Moving averages. /* Modify the above 2 lines to PLOT Ribbon between any other 2 Lines/Oscillators. */ /* EXAMPLE: Replace "rC = MA(C, P1);" with "rC = YourLine1;" */ /* AND Replace "rO = EMA(C, P2);" with "rO = YourLine2;" */ /* The rest you shouldn't need to change except maybe colors */ rH = IIf(C >= O, rC, rO); // Remove HI/LO Shadows rL = IIf(C <= O, rC, rO); C=rc; O=ro; H=rh; L=rl; // Temp Adjust Actual PRICE Arrays Plot( C, "", colorBlack, styleLine| styleThick); Plot( O, "", colorBlack, styleLine|styleThick); Plot( C, "", colorBlack, styleCandle); // Plot spread between MAs as Candles RestorePriceArrays (); // Restore Price Arrays /************************** END CREATE & PLOT RIBBON CODE *************************/
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