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It'a a gradient that changes the background in coordination with the indicator. I got it from the "Make Charts Pretty" thread and changed the orientation from top to bottom to Right to Left.
I know, silly title, but then there is an element of artistry in this proposal.
I attach code that paints the background panel different colours according to different conditions.
In this instance when the whole of the bar is above/below or straddling …
Several traders have edited it to fit their indicators. It has quirks ... it will over ride any other screen coloring like coloring a zone between two moving averages, session end marker etc. ... it has to be the last indicator
I have a generic version, do you have a particular indicator you want it to work with or would one that doesn't change work for you? If you don't need it to change you can use the generic one or edit it.
I agree with the way you think... notice my tag line...
But then again, you're probably young, healthy and still have some degree of hand eye coordination... As I get older I have to add "rubber baby buggy bumpers" to the charts to keep me out of trouble ... like the face recognition software that can detect when I nod odd and sound an alarm to wake me up....
I'm just a simple man trading a simple plan.
My daddy always said, "Every day above ground is a good day!"
Legendary / Stochastic Calculus is not your friend
Experience: None
Platform: Ninjatrader, Python API
Broker: CQG
Trading: S&P, Crude, Gold
Posts: 853 since Oct 2009
Thanks Given: 3,424
Thanks Received: 1,537
If I had to choose one indicator it would be ADX......great for confirming strength of a trend, use price action to enter on a pullback. Also works pretty well for divergence if you trade reversals.
@ThatManFromTexas ... haha, I missed your post as I was on vacation in The Alps last week, but if I remember correctly, I'm only 2 years behind you, having turned 60 a couple of weeks back... (or was it MW who said he was 62 - you see, I can't remember !)
kind of thinking, perhaps it doesn't even matter which indicator u choose, so long as u see a pattern, and trade it the same way every time.
my favorite indicator isn't actually an indicator, but a trendline i draw from yesterday's low through the low of the opening 5 m bar. i look for extreme upward angles + then, selloff within 1st 15m-20m + then, bounce.
Du sublime au ridicule, il n'ya qu'un pas. ~Napoleon Bonaparte
If you don't mind a very very basic question, is there a post somewhere that describes how to download indicators, including the cs. variety? I've been away from trading for quite a while and now for some reason I can't seem to download any of the indicators and certainly not the cs. type. I'm interested in that multi EMA cs. one mentioned by That Man From Texas.
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