OPEN-SOURCE SCRIPT

© Investoz trendwarning

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The indicator is built as an educational purpose and is therefore not a recommendation for buying/selling shares.

The idea is to create a visual form in a graph that shows if there is any trend, both positive and negative. A dialog box with a warning tells you what trend prevails.

In the code, there is an opportunity to take a position or go out of position if you want to create a strategy around this trend indicator. However, I strongly recommend not to rely solely on this indicator as a buy/sell decision as the results will most likely be negative if you buy on a positive trend and sell on a negative trend. It must be combined with other ideas and therefore this script works more as a complement to your own strategy.

It is free for anyone to use this indicator and make it better.
Nota Keluaran
Total number of days issue is now edited and I also changed the language from Swedish to English. I also changed the aesthetic of the indicator.
Nota Keluaran
More language changes.
Nota Keluaran
Updated to color.new() function.
Exponential Moving Average (EMA)

Skrip sumber terbuka

Dalam semangat sebenar TradingView, penulis telah menerbitkan kod Pine ini sebagai sumber terbuka supaya pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda boleh menggunakan perpustakaan ini secara percuma, tetapi penggunaan semula kod dalam penerbitan ini adalah dikawal oleh Peraturan dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.

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