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Accumulation and Distribution Indicator
Color Coded Histogram
On Balance True Range MACD Hist
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{On Balance True Range MACD Hist by formulaprimer}
OBTR:=Cum(If(C > Ref(C,-1),1,-1) *
(If(Ref(C,-1) < L,{Then} (H - Ref(C,-1)),
{Else}If(Ref(C,-1) > H,{Then} (Ref(C,-1) - L),
{Else} (H - L)))));
ShortMA:= Input("ShortMA -",1,200,8);
LongMA:= Input("LongMA -",1,200,17);
SignalMA:= Input("SignalMA - ",1,200,9);
MACDOBTR:=Mov(OBTR,ShortMA,E) - Mov(OBTR,LongMA,E);
If(MACDOBTR>=Ref(MACDOBTR,-1),MACDOBTR,0);
If(MACDOBTR<Ref(MACDOBTR,-1),MACDOBTR,0);
Mov(Mov(MACDOBTR,ShortMA,E)-Mov(MACDOBTR,LongMA,E), SignalMA,E);
{End}
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