ToS Moving Average Difference For ThinkOrSwim

[MerryDay]

This is the ToS Moving Average Difference with some lipstick added.
This provides similar but not as good data as:
https://usethinkscript.com/threads/donchian-channel-trend-for-thinkorswim.11848/#post-102682

But a member requested this one so here it is:

# ################################
def mad = reference MAD("fast length" = 9, "slow length" = 27)."MAD";
# ################################
# Charting & Formatting
declare lower ;
declare real_size ;

plot pMAD = mad ;
     pMAD.SetLineWeight(2);
     pMAD.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
#     pMAD.AssignValueColor(if mad>0 then color.green else color.red);

plot zeroline = 0;
     zeroline.SetPaintingStrategy(PaintingStrategy.DASHES);
     zeroline.SetDefaultColor(color.violet);
# ################################
# Tutorial to color plots
# ################################
DefineGlobalColor("color1", color.green) ;
DefineGlobalColor("color2", color.pink) ;
DefineGlobalColor("color3", color.red) ;
DefineGlobalColor("color4", color.dark_green) ;


#def NameOfPlot =  #put the name of the plot you want to color here ;
 def NameOfPlot =  mad ;

#def signal =     #put the name of the demarcation of over / under ;
 def signal =     0 ;


def pos        = NameOfPlot>= signal;
def neg        = NameOfPlot<  signal;
def up         = NameOfPlot >= NameOfPlot[1];
def dn         = NameOfPlot < NameOfPlot[1];

def PosUp = pos and up;
def PosDn = pos and dn;
def NegDn = neg and dn;
def NegUp = neg and up;

     pmad.AssignValueColor(
       if PosUp then GlobalColor("color1") else
       if PosDn then GlobalColor("color2") else
       if NegDn then GlobalColor("color3") else
       if NegUp then GlobalColor("color4") else Color.gray) ;

 

[CashMoney]

I use every indicator that you have published. You and @mashume are my idols.
I had need of a simple trend indicator to use to filter my potential candidates for trade.
Turns out your invention is very similar to what I use:
Here is your indicator (which is superior because it has more customizing options) compared to what I have been using:
ToS reference MAD() Moving Average Difference

what are you setting for MAD indicator on TOS? or the MAD indicator you have is customized? (if it is, please share the code?) Thank you.
can this be customized so there are four colors as follow: Positive trend green, green to negative- yellow, Bearish trend- red and negative to positive trend-White color.

 

[MerryDay]

what are you setting for MAD indicator on TOS? or the MAD indicator you have is customized? (if it is, please share the code?) Thank you.
can this be customized so there are four colors as follow: Positive trend green, green to negative- yellow, Bearish trend- red and negative to positive trend-White color.

https://usethinkscript.com/threads/tos-moving-average-difference-for-thinkorswim.12272/#post-105188