Free trading newsletter
ADR target bands | Big candles | Coloured moving average | Daily market heatmap | Day comparer | Day delineation | Displaced chart | Displaced moving average | Hikkake pattern | Hourly volatility histogram (HVH) | Inside bars or candles | Inventory retracement bar (IRB) | One day reversal pattern | Point in time | WL bars |
This simple moving average changes colour when the slope changes direction. Red indicates a moving average with a negative (downward) slope. Green indicates a moving average with a positive (upward) slope.
This example shows a 10-minute chart. The underlying instrument, the DAX, is bullish. Note that when the moving average changes from a downward slope to an upward slope, there are often short red and green periods.