OPEN-SOURCE SCRIPT
Diupdate

Trend Filter

7393
The indicator paints the bar colours based on the average open and average close for past N days.
if average close is above average open, the bars are coloured green, otherwise they are coloured red

It can be used as a general trend filter on weekly, daily bars. even on intraday timeframes, this would work well and give a sense of the current trend direction.
Catatan Rilis
Added the Moving Average Plots and an additional arrow whenever there is a trend change.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.