OPEN-SOURCE SCRIPT
Trendelicious
This indicator uses the rolling middle of highest and lowest points over a period of time to determine if the asset is currently in an uptrend or a downtrend.
It helps visualize the current trend.
Parameters :
1/ length : the length of the period of time over which the highest and lowest will be considered
2/ price source : the source that will be used for calculations
3/ aggressive mode : if true, the trend direction will be more responsive to price change and will move faster from uptrend to downtrend and the other way.
Use on a higher timeframes to avoid the noise (4h, 12h, 1d etc.)
DISCLAIMER:
This is not an advice to trade. Use at your own risk.
The author of this script cannot be held responsible for any losses incurred directly or indirectly by the usage of this indicator.
It helps visualize the current trend.
Parameters :
1/ length : the length of the period of time over which the highest and lowest will be considered
2/ price source : the source that will be used for calculations
3/ aggressive mode : if true, the trend direction will be more responsive to price change and will move faster from uptrend to downtrend and the other way.
Use on a higher timeframes to avoid the noise (4h, 12h, 1d etc.)
DISCLAIMER:
This is not an advice to trade. Use at your own risk.
The author of this script cannot be held responsible for any losses incurred directly or indirectly by the usage of this indicator.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。