Plots , With Optional as a Filter.
In Inputs Tab:
Ability to Turn On/Off Filter.
Ability to change any of the plots to Change Colors Based on Being Above or Below the Filter.
Also Ability to Turn Off Color Change Based on Filter.
//Created by user ChrisMoody on 11-30-2014 //Williams AD + SMA of Williams AD + Change Colors based on Williams AD above or below SMA //Williams AD = Solid Line, SMA = Circles and Solid Line.. study(title = "_CM_Williams AD+SMA_V1", shorttitle="_CM_WAD_SMA_V1", overlay=false) len = input(20, minval=1, title="SMA Length") sc = input(true, title="Change Williams AD Color Based on Below/Above SMA?") sm = input(true, title="Plot SMA?") smc = input(false, title="Change Williams SMA Color Based on Below/Above SMA?") trl = min(close, low) trh = max(close, high) ad = close > close ? close - trl : close < close ? close - trh : 0 wad = cum(ad) ma = sma(cum(ad), len) spanColor = sc and wad >= ma ? lime : sc and wad < ma ? red : aqua spanColor2 = smc and wad >= ma ? lime : smc and wad < ma ? red : yellow p1 = plot(wad, title="Williams AD", style=line, linewidth=4, color=spanColor) p2 = plot(sm and ma ? ma : na, title="SMA Line",style=linebr, linewidth=4, color=spanColor2) plot(sm and ma ? ma : na, title="SMA Circles",style=circles, linewidth=3, color=spanColor2) fill(p1, p2, color=silver, transp=60, title="Fill")
Thank's for your great work!
I have a question about this indicator...Shouldn't it take into account volume as described in the original version of the indicator?
For reference: http://www.investopedia.com/terms/a/accumulationdistribution.asp
Thank you for your time and please keep posting your great work here on tradingview.com :)