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Background

PostPosted: Tue Feb 08, 2011 6:56 pm
by Apprentice
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 1684 times

Background with Filter.lua
(7.91 KiB) Downloaded 631 times

TrendStop Background.lua
(4.28 KiB) Downloaded 641 times

TrendStop is available here.
viewtopic.php?f=17&t=12728&hilit=TREND+STOP
Two Indicator Background.lua
(5.79 KiB) Downloaded 509 times

Up
1. Indicator > 2. Indicator
Down
1. Indicator < 2. Indicator
else
Neutral

Candle Overlay version.
viewtopic.php?f=17&t=65957&p=118739#p118739

Re: Background

PostPosted: Mon Mar 07, 2011 8:05 pm
by PipGrabber
Hi Apprentice! How can we convert this to a strategy? This looks promising combined with other indicators for filtering.. ;)

Re: Background

PostPosted: Tue Mar 08, 2011 7:05 am
by Apprentice
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.

Re: Background

PostPosted: Tue Mar 08, 2011 7:02 pm
by PipGrabber
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!

Re: Background

PostPosted: Mon Feb 13, 2017 12:49 pm
by Apprentice
Indicator was revised and updated.

Re: Background

PostPosted: Fri Mar 24, 2017 4:56 pm
by Sospool
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. ;)

Re: Background

PostPosted: Sat Mar 25, 2017 6:40 am
by Apprentice
TrendStop Background.lua added.

Re: Background

PostPosted: Sat Mar 25, 2017 1:32 pm
by Sospool
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:

Re: Background

PostPosted: Sun Mar 26, 2017 12:38 am
by scandisk
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 ;)

Re: Background

PostPosted: Sun Mar 26, 2017 5:38 am
by Apprentice
Ups wrong version.
TrendStop Background fixed.