Background

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Background

Postby Apprentice » Tue Feb 08, 2011 6:56 pm

Background.png

This simple indicator, paints the background depending on whether the chosen indicator is rising or falling.
This will help you have fewer indicators / oscillator on the chart.
Background.lua
(3.64 KiB) Downloaded 1095 times

Background with Filter.lua
(7.91 KiB) Downloaded 78 times

TrendStop Background.lua
(4.28 KiB) Downloaded 93 times

TrendStop is available here.
viewtopic.php?f=17&t=12728&hilit=TREND+STOP
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Re: Background

Postby PipGrabber » Mon Mar 07, 2011 8:05 pm

Hi Apprentice! How can we convert this to a strategy? This looks promising combined with other indicators for filtering.. ;)
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Re: Background

Postby Apprentice » Tue Mar 08, 2011 7:05 am

This is not a classic indicator.
Strategies typically include one or more indicators.
Therefore, development of a strategy based on this indicator does not make sense.

If I'm wrong, convince me otherwise.

You can find two strategy that could help you
Composite and Strategy Builder.
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Re: Background

Postby PipGrabber » Tue Mar 08, 2011 7:02 pm

Apprentice wrote:This is not a classic indicator.
Strategies typically include one or more indicators.
Therefore, development of a strategy based on this indicator does not make sense.

If I'm wrong, convince me otherwise.

You can find two strategy that could help you
Composite and Strategy Builder.


Hmmmm... :? But based on your sample thumbnail. Its a moving average indicator your basing it from. That's just what I needed. A simple moving average that determines the rising and falling for buy and sell. Tried to simulate the result via two moving averages cross. But the results are not the same as this background. Near, but not the same.

There's something wrong with the strategy builder. Got errors when running it.

Thanks!
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Re: Background

Postby Apprentice » Mon Feb 13, 2017 12:49 pm

Indicator was revised and updated.
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Re: Background

Postby Sospool » Fri Mar 24, 2017 4:56 pm

Hello Apprentice, is it possible to make the TrendStop.bin indicator compatible with the Backround.lua ?
Thanks for everything you do on this forum it helps us a lot every day. ;)
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Re: Background

Postby Apprentice » Sat Mar 25, 2017 6:40 am

TrendStop Background.lua added.
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Re: Background

Postby Sospool » Sat Mar 25, 2017 1:32 pm

Thank you very much Apprentice for your help. But i'm sorry a small problem loading. I'm getting the error TrendStop Background.lua:71 unexpected symbol near 'Â'. :oops:
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Re: Background

Postby scandisk » Sun Mar 26, 2017 12:38 am

Hi Apprentice

Could you add heikin ashi filter with the ability to select heikin ashi time frames so if I have a 5min chart open I can use a 1 hour or 4hour heikin ashi background..

Thanks ;)
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Re: Background

Postby Apprentice » Sun Mar 26, 2017 5:38 am

Ups wrong version.
TrendStop Background fixed.
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