This tool plots the expected condition of the market: either "Trending" or "Sideways"
When the white plot is in the Blue region, the market is considered "Trending"
In the Yellow region, the market is considered "Sideways" or mean reverting.
When the white plot is in the Blue region, the market is considered "Trending"
In the Yellow region, the market is considered "Sideways" or mean reverting.
Nota Keluaran:
- Graphical Changes
- Choose between two data sources - Price itself or the Change in Price
Nota Keluaran:
Tweaked default color scheme
Nota Keluaran:
- Complete graphical change to more clearly indicate "Trending" vs "Sideways"
- Ability to enable/disable fills
- Tweaked some code
Need Indicators/Strategies for TradingView? -> t.me/pinescripters_jobs
General questions about Pinescript? -> t.me/pinescripters
General questions about Pinescript? -> t.me/pinescripters