// Downloaded From https://www.WiseStockTrader.com
// Paste the code below to your price chart somewhere and green ribbon means both
// both MACD and ADX trending up so if the red ribbon shows up the MACD and the ADX
// are both trending down.

_SECTION_BEGIN("trending ribbon");
uptrend=PDI()>MDI() AND MACD()>Signal() AND (ADX()>20);
downtrend=MDI()>PDI() AND Signal()>MACD();
_SECTION_END();

_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
_SECTION_END();
Buy=Cross(StochK(),StochD()) AND uptrend OR Cross(PDI(),MDI()) AND uptrend OR Cross(ADX(),MDI()) AND (PDI()>MDI()) OR Cross(MACD(),Signal()) AND (ADX()>20) AND (StochK()>StochD());
Sell=Cross(Signal(),MACD());

PlotShapes(IIf(Buy,shapeUpArrow,shapeNone),colorGreen,0,Low,Offset=-15);
PlotShapes(IIf(Sell,shapeDownArrow,shapeNone),colorRed,0,High,Offset=-15);

Plot( 2, /* defines the height of the ribbon in percent of pane width */"ribbon",
IIf( uptrend, colorGreen, IIf( downtrend, colorRed, 0 )), /* choose color */
styleOwnScale|styleArea|styleNoLabel, -0.5, 100 );