OPEN-SOURCE SCRIPT
Barcolor Averaging
1. Colors candles or bars, ascending (blue) or descending (red), as determined by the MA setting.
2. Colors candles white when the MA is flat, or the market is moving sideways or in consolidation.
2. Colors candles white when the MA is flat, or the market is moving sideways or in consolidation.
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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