Coloured moving average

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.

Coloured moving average