OPEN-SOURCE SCRIPT
[JL] Trend or Range

Just want to make an easy indicator to show trend or range.
ToR idea is based on the simple concept:
Range will have more cross than trend
So I calculate difference of two moving average
Then divide ATR to get how many virtual bars in the difference
Calculate sum of virtual bars during the period.
So more virtual bars, more chance to be trend.


will make a table to compare many pairs on one chart.
ToR idea is based on the simple concept:
Range will have more cross than trend
So I calculate difference of two moving average
Then divide ATR to get how many virtual bars in the difference
Calculate sum of virtual bars during the period.
So more virtual bars, more chance to be trend.
will make a table to compare many pairs on one chart.
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
遁一子交易入道 jesselau.com/
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
遁一子交易入道 jesselau.com/
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。