OPEN-SOURCE SCRIPT

high/low MA-trend - JD

Updated

Short script for trend indication taking a moving average of the highs and the lows seperately.

Lookback period for the highs/lows can be altered.
Ema length can be altered.

JD.

Release Notes

Added an indication of the dominant trend with dots.

JD.

Release Notes

Fixed an error in determining the major trend. (was just opposite of what it needed to be! :-)

JD.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Duyck

Disclaimer.
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!
JD.

You can contact me for info/access in PM or on Telegram: @jduyck
PLS, DON'T ASK FOR ACCESS IN THE COMMENT SECTION!

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Disclaimer

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