Triple Moving Average Heatmap

S&P 500SP

Description

⋅ Aug 4, 2019 6:48 PM

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.

- I'm an officially approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies
Jump on a 1 to 1 coaching with me
- You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python

Trend Analysis Moving Averages Simple Moving Average (SMA)heatmap FILL color barssince daveatt cross crossover crossunder

Comments

JNS1014

⋅ Dec 30, 2022 7:35 AM

This makes me want to learn how to code! You're the man!

mercacoin

⋅ Aug 23, 2019 4:57 AM

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. ⭐ ⭐ ⭐ ⭐ ⭐

Daveatt

⋅ Aug 23, 2019 5:49 AM

@mercacoin, hopefully it'd some BTC :). I'm kidding :p

Ace567890

⋅ Aug 5, 2019 8:20 AM

Awesome coding. Thanks Dave!

AlexKeys

⋅ Aug 4, 2019 8:48 PM

Wow cool script! I customized to get more profit.

Daveatt

⋅ Aug 5, 2019 5:21 AM

@AlexKeys, totally the point of my work. Inspiring my audience to optimize my scripts and make them better for them