Category Oscilators  Published on 30/12/2015

MACD Histogram with Color

Description

This MACD Histogram with Colors indicator allows you to set colors for both positive and negative values of the Histogram.

Based on MACD Crossover with Colors from njardim.


// -------------------------------------------------------------------------------------------------
//
//    This code is a cAlgo API MACD Crossover indicator provided by naoki.shinya@gmail.com on Dec 2015.
//
//    Based on indicator "MACD Crossover with color" from njardim.
//
// -------------------------------------------------------------------------------------------------

using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;

namespace cAlgo
{
    [Indicator(IsOverlay = false, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class MACDHistogramwithColors : Indicator
    {

        public MacdHistogram MacdHistogram;

        [Parameter()]

        public DataSeries Source { get; set; }

        [Parameter("Long Cycle", DefaultValue = 26)]
        public int LongCycle { get; set; }

        [Parameter("Short Cycle", DefaultValue = 12)]
        public int ShortCycle { get; set; }

        [Parameter("Signal Periods", DefaultValue = 9)]
        public int Periods { get; set; }


        [Output("Histogram > 0", PlotType = PlotType.Histogram, Color = Colors.Green, Thickness = 2)]
        public IndicatorDataSeries HistogramPositive { get; set; }


        [Output("Histogram < 0", PlotType = PlotType.Histogram, Color = Colors.Red, Thickness = 2)]
        public IndicatorDataSeries HistogramNegative { get; set; }

        [Output("Signal", Color = Colors.Purple, LineStyle = LineStyle.Lines)]
        public IndicatorDataSeries Signal { get; set; }

        protected override void Initialize()
        {

            MacdHistogram = Indicators.MacdHistogram(Source, LongCycle, ShortCycle, Periods);
        }

        public override void Calculate(int index)
        {

            if (MacdHistogram.Histogram[index] > 0)
            {
                HistogramPositive[index] = MacdHistogram.Histogram[index];
            }

            if (MacdHistogram.Histogram[index] < 0)
            {
                HistogramNegative[index] = MacdHistogram.Histogram[index];
            }

            Signal[index] = MacdHistogram.Signal[index];
        }
    }
}


BigDeal's avatar
BigDeal

Joined on 03.12.2015

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: MACD Histogram with Colors.algo
  • Rating: 5
  • Installs: 6083
  • Modified: 13/10/2021 09:54
Comments
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nazimdz · 2 years ago

thank you