OPEN-SOURCE SCRIPT

Percent above or Below Moving Average Candle colour

Updated
Filter:
If green candle is 'x' % above moving average than colour of candle is turn in blue colour.
If red candle is 'x' % below moving average than colour of candle is turn in orange colour.
Release Notes
Added moving average type selection
Release Notes
added Double EMA type
candlecolourmovingavaragepercentageSimple Moving Average (SMA)sma

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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