OPEN-SOURCE SCRIPT
Colorise Series
Having visibility of where a series is increasing or decreasing can be useful. For example, to see exactly if a moving average is advancing or declining.
This is an indicator on indicator script that will essentially cover (plot over) the source series with the same values, but colored different depending on whether the difference between consecutive values is positive, negative, or neutral.
For this to work cleanly, you may need to hide the source series, if there are colour clashes. By default, we also use a fairly thick line to plot, to show the visual effect more clear
This is an indicator on indicator script that will essentially cover (plot over) the source series with the same values, but colored different depending on whether the difference between consecutive values is positive, negative, or neutral.
For this to work cleanly, you may need to hide the source series, if there are colour clashes. By default, we also use a fairly thick line to plot, to show the visual effect more clear
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.