OPEN-SOURCE SCRIPT

macBar is a script for displaying the trend with colored bars

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This script is based on educational materials I received at a webinar by Jeffrey Kennedy of Elliott Wave International. I didn't find such a script in the Tradingview library, so I wrote it myself.

This is a simple script that colors the bars depending on where the price is and its extremes relative to a simple moving average.

The green bars say the market is bullish.
The gray bars indicate that the market is neutral.
The red bars say the market is bearish.

In the script, you can change the period of the simple moving average, by default it is 10.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.