OPEN-SOURCE SCRIPT
UCS_Trend
Its been a long time!!!!, Here, I am back with another indicator bust. This time it is TTM_Trend sold by Trade The Market.
This is my interpretation of the indicator, There are some mismatches, but i consider it as minimum. On Thinkorswim I was able to match it exactly. May be its just the way Tradingview plots the arguments specified. Here is the concept for anyone who want to improve and match it to the actual.
Update: The mismatch occurs in high volatility zone. the painted bars highs and lows in Tradingview is different when compared to TOS.
This is my interpretation of the indicator, There are some mismatches, but i consider it as minimum. On Thinkorswim I was able to match it exactly. May be its just the way Tradingview plots the arguments specified. Here is the concept for anyone who want to improve and match it to the actual.
Update: The mismatch occurs in high volatility zone. the painted bars highs and lows in Tradingview is different when compared to TOS.
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?
Uday C Santhakumar
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.