OPEN-SOURCE SCRIPT

TBCRI - Trend Bar Color Reversal Indicator

15 227
An idea I had today morning so I had to write. It seems to detect trends well. It has three phases like a semaphor, painting the chart bars of green, yellow or red.

=== Bar Color Meaning ===
Green: uptrend
Yellow: don't care
Red: downtrend

I think it can be useful!

Thanks!

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.