OPEN-SOURCE SCRIPT

Trend Analysis Indicator

Updated
The Trend Analysis Indicator was created by Adam White (Stocks & Commodities V. 10:8 (358-360)) and this is not to be confused with the Trend Analysis Index which was also created by Adam White. The stock is trending when it is above the signal and loses steam when it falls below the signal. Generally you should buy when it is above it's signal and sell when it goes below the signal.

Let me know if you would like me to write more scripts!
Release Notes
trying a new buy and sell strategy
Release Notes
changed the default lengths
Release Notes
included signal line for reference
Release Notes
updated to make it the same as my other indicators
Release Notes
fixed issue with default resolution
Release Notes
Updated to v5
Moving AveragessmaStandard DeviationstddevStandard Deviation (Volatility)trendTrend Analysistrendcontinuationtrendfollowingtrendreversaltrendtrading

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.

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