How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Feature Request FAQ Help & Wiki Twitter

# Madrid MA Ribbon Bar v2

1167 2
This script is the second version of the Moving average Ribbon Bar, a companion study of the MA Ribbon. In this version the display is changed, instead of lines, it display the results in stacked bars, making it more user friendly and allowing it to be expanded or contracted without loosing visual continuity.
```//
// Madrid : 26/Feb/2015 21:41: Moving Average Ribbon Bar: 2.0
// MMARB
//
// This is based on the Madrid Moving Average Ribbon study,
// it displays the output in a bar format to better identify
// entry points, up/down trends and reversals
//

study(title="Madrid MA Ribbon Bar v2", shorttitle="MMARB", precision=0)

exponential = input(true, title="Exponential MA")

src = close

ma05 = exponential ? ema(src, 05) : sma(src, 05)
ma10 = exponential ? ema(src, 10) : sma(src, 10)
ma15 = exponential ? ema(src, 15) : sma(src, 15)
ma20 = exponential ? ema(src, 20) : sma(src, 20)
ma25 = exponential ? ema(src, 25) : sma(src, 25)
ma30 = exponential ? ema(src, 30) : sma(src, 30)
ma35 = exponential ? ema(src, 35) : sma(src, 35)
ma40 = exponential ? ema(src, 40) : sma(src, 40)
ma45 = exponential ? ema(src, 45) : sma(src, 45)
ma50 = exponential ? ema(src, 50) : sma(src, 50)
ma55 = exponential ? ema(src, 55) : sma(src, 55)
ma60 = exponential ? ema(src, 60) : sma(src, 60)
ma65 = exponential ? ema(src, 65) : sma(src, 65)
ma70 = exponential ? ema(src, 70) : sma(src, 70)
ma75 = exponential ? ema(src, 75) : sma(src, 75)
ma80 = exponential ? ema(src, 80) : sma(src, 80)
ma85 = exponential ? ema(src, 85) : sma(src, 85)
ma90 = exponential ? ema(src, 90) : sma(src, 90)
ma95 = exponential ? ema(src, 95) : sma(src, 95)
ma100 = exponential ? ema(src, 100) : sma(src, 100)

leadMAColor = change(ma05)>=0 and ma05>ma100 ? lime
: change(ma05)<0  and ma05>ma100 ? maroon
: change(ma05)<=0 and ma05<ma100 ? red
: change(ma05)>=0 and ma05<ma100 ? green
: gray
maColor(ma, maRef) =>
change(ma)>=0 and ma05>maRef ? lime
: change(ma)<0  and ma05>maRef ? maroon
: change(ma)<=0 and ma05<maRef ? red
: change(ma)>=0 and ma05<maRef ? green
: gray

plot( 05, color=leadMAColor, style=columns, title="MMA05", linewidth=2, histbase=00)
plot( 10, color=maColor(ma10,ma100), style=columns, title="MMA10", linewidth=2, histbase=05)
plot( 15, color=maColor(ma15,ma100), style=columns, title="MMA15", linewidth=2, histbase=10)
plot( 20, color=maColor(ma20,ma100), style=columns, title="MMA20", linewidth=2, histbase=15)
plot( 25, color=maColor(ma25,ma100), style=columns, title="MMA25", linewidth=2, histbase=20)
plot( 30, color=maColor(ma30,ma100), style=columns, title="MMA30", linewidth=2, histbase=25)
plot( 35, color=maColor(ma35,ma100), style=columns, title="MMA35", linewidth=2, histbase=30)
plot( 40, color=maColor(ma40,ma100), style=columns, title="MMA40", linewidth=2, histbase=35)
plot( 45, color=maColor(ma45,ma100), style=columns, title="MMA45", linewidth=2, histbase=40)
plot( 50, color=maColor(ma50,ma100), style=columns, title="MMA50", linewidth=2, histbase=45)
plot( 55, color=maColor(ma55,ma100), style=columns, title="MMA55", linewidth=2, histbase=50)
plot( 60, color=maColor(ma60,ma100), style=columns, title="MMA60", linewidth=2, histbase=55)
plot( 65, color=maColor(ma65,ma100), style=columns, title="MMA65", linewidth=2, histbase=60)
plot( 70, color=maColor(ma70,ma100), style=columns, title="MMA70", linewidth=2, histbase=65)
plot( 75, color=maColor(ma75,ma100), style=columns, title="MMA75", linewidth=2, histbase=70)
plot( 80, color=maColor(ma80,ma100), style=columns, title="MMA80", linewidth=2, histbase=75)
plot( 85, color=maColor(ma85,ma100), style=columns, title="MMA85", linewidth=2, histbase=80)
plot( 90, color=maColor(ma90,ma100), style=columns, title="MMA90", linewidth=2, histbase=85)
plot( 95, color=maColor(ma90,ma100), style=columns, title="MMA95", linewidth=2, histbase=90)
plot( 100, color=maColor(ma90,ma100), style=columns, title="MMA100", linewidth=2, histbase=95)
```
This is ridiculously useful, Thanks. Sincerely.
This is gold. Thanks a lot!
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia

한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter