Daveatt

Triple Moving Average Heatmap

Hi everyone

I didn't publish on Friday because I was working on an Expert Advisor in MT4. The day I don't publish, some scripts spamming guys published many (not useful) scripts the same to kick me out of the TOP #1 ranking.
So what I'm going to do about it? crying or sharing more quality scripts than before? :)
I guess you know the answer :) I'm gonna share a few quality scripts that I have in my library. I noticed that you guys tend to like more the scripts useful for your trading actually making you money rather than a copy-paste (of another copy-paste)

Alright, enough for the trolling now let's introduce the Three MA heatmap which is an upgrade of that script : MA-heatmap-Double-cross-edition/

The challenge was to keep the heatmap not rolling and to make it match with the MA cross. I did it using this

```
since_ma_buy = barssince(macrossover)
since_ma_sell = barssince(macrossunder)
heatmap_color() =>
since_ma_buy < since_ma_sell ? color.new(color.green, 20) : since_ma_buy > since_ma_sell ? color.new(color.red, 20) : na
```

This is a technique that I found after drinking three glasses of red wine (#french) to keep the heatmap stable and not rolling.
To get what I'm saying I invite you to replace the piece of code above by what everyone would normally do

```
heatmap_color() =>
macrossunder() ? color.new(color.green, 20) : macrossover() ? color.new(color.red, 20) : na
```

Ah and I'm not done sharing for the day, a few scripts are coming also after that one and tonight !!!!! I want to live in a world where you guys can enjoy quality scripts (mostly) :)

PS
____________________________________________________________

Feel free to hit the thumbs up as it shows me that I'm not doing this for nothing and will motivate to deliver more quality content in the future.

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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Comments

Excellent code, very different and reliable. Thank you friend for that generous thought, I am new in TV and pine, but I know you will receive a reward for what you sow every day. ⭐ ⭐ ⭐ ⭐ ⭐
Reply
Daveatt mercacoin
@mercacoin, hopefully it'd some BTC :). I'm kidding :p
Reply
Awesome coding. Thanks Dave!
Reply
Wow cool script! I customized to get more profit.
Reply
Daveatt AlexKeys
@AlexKeys, totally the point of my work. Inspiring my audience to optimize my scripts and make them better for them
+2 Reply
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