This script shows via selectable sorts of Moving Averages (normal, weighted or exponential) the amount of units (e. g. trading days) that are currently above (value in green) or under (value in red) the main series.
The value is shown on the indicator line.
It's an invisible plot which nevertheless influences the scaling. So the plot "Just for Calculation" has to be manually unchecked in the Style-section.
Help on how this can be removed on default would be highly appreciated. :-)