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// Madrid : Squeeze Trend : 02/Aug/2015 : 11:41 : 2.0
// This Study determines the range where the trend is more profitable.
// http://madridjourneyonws.blogspot.com/
//
study("Madrid Trend Squeeze", shorttitle="MTrendSqueeze")
len = input(34, title="Length", minval=14)
src = close
ref = 13
sqzLen = 5
ma = ema(src, len)
closema = close - ma
refma = ema(src, ref)-ma
sqzma = ema(src, sqzLen)-ma
hline(0)
plotcandle(0, closema, 0, closema, color=closema>=0?aqua:fuchsia)
plotcandle(0, sqzma, 0, sqzma, color=sqzma>=0?lime:red)
plotcandle(0, refma, 0, refma, color=(refma>=0 and closema<refma) or (refma<0 and closema>refma ) ? yellow : refma>=0 ? green:maroon)