yorgwarez

Trend Indicator for VPA/VSA

Trend Indicator showing strength and direction of trend. It is using mainly my own modified idea based on Random Walk. There are 3 main categories of subtrends being evaluated by script and therefore taken into account for calculation of Trend:
  • Major Trend
  • Minor Trend
  • Immediate Trend

Currently trend is calculated based on Major and Minor Subtrends. By default shown on Indicator is only Major Trend (too not mess up Indicator's display) but from Style tab you have possibility to display more Subtrends.
In future releases I will update script to cover calculations also taking into account Immediate Trend.

There's possibility to set up "sensitivity" of calculations by adjusting Random Walk runs for Major and Minor subtrends. I find this trend indicator very helpful when judging potential Entry and Exit points (for confirmation of my decisions).

https://YORGWAREZ.COM

AI calculated Levels based on Darkpool and Options market data
Automatic Scanner of Supply & Demand on the market - VSA Scanner with a taste of AI ;)
Skrip dilindungi
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Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.

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