PROTECTED SOURCE SCRIPT

Techsys Trend spotter

Updated
Indicator is a type of macd and works in a similar way but with a lot less lag and is a lot more reactive to price action.

How to use:
1. Indicator activity above the zero horizontal line is bullish whilst activity below the zero line is bearish.

2. A cross over of the white and orange lines above the zero line is extremely bullish.

3. A cross under of the white and orange lines below the zero line is extremely bearish.

wysiwyg!
Release Notes
redundant lines in script removed.
Moving AveragesTrend Analysis

Protected script

This script is published closed-source and you may privately use it freely.

Want to use this script on a chart?


Also on:

Disclaimer