S&P Percent of stocks above the 50 DMA Indicator
//@version=2 study(title='[RS](SP) MMFI Indicator V0', shorttitle='MMFI', overlay=false) o = security('INDEX:MMFI', period, open) h = security('INDEX:MMFI', period, high) l = security('INDEX:MMFI', period, low) c = security('INDEX:MMFI', period, close) candlecolor = c > o ? color(lime, 0) : c < o ? color(red, 0) : color(silver, 0) plotcandle(o, h, l, c, title='MMFI', color=candlecolor) length = input(title='Signal Length:', type=integer, defval=10) signal = ema(c, length) plot(series=signal, title='Signal', color=color(black, 0), linewidth=2) hline(price=0, title='L', color=color(green, 0), linestyle=dashed, linewidth=1) hline(price=10, title='L', color=color(green, 0), linestyle=dashed, linewidth=1) hline(price=25, title='L', color=color(lime, 0), linestyle=dashed, linewidth=1) hline(price=75, title='L', color=color(red, 0), linestyle=dashed, linewidth=1) hline(price=90, title='L', color=color(maroon, 0), linestyle=dashed, linewidth=1) hline(price=100, title='L', color=color(maroon, 0), linestyle=dashed, linewidth=1)