Color Bars On Trend is a highly versatile NinjaTrader indicator that colors normal price bars based on the following:
- Trend of a moving average
- The relationship of the Accumulation/Distribution line to its moving average
- Fisher Transform trend
- MACD line in relation to the zero line
- MACD histogram in relation to the zero line
In addition, these color parameters can be set for the candle body and/or the candle outline:
- MACDsignal = the period of the signal line in the MACD calculation
- MACDslow = the period of the slow moving average in the MACD calculation
- MACDfast = the period of the fast moving average in the MACD calculation
- “Period” is the period of the MA types (SMA, EMA, TEMA, HMA, WMA, VWMA)
Click HERE for more details and a video overview
