PROTECTED SOURCE SCRIPT

Anilk_3X_Trend_Pulse

86
🧠 What is it trying to do?

It shows whether the price of a stock (or crypto, etc.) is bullish, bearish, or neutral based on how prices are moving over different time periods.

Based on this, it gives a strength score:

+100 means strong bullish momentum (upward)
-100 means strong bearish momentum (downward)
0 means no clear direction (Neutral)

🎨 What does it show on the chart?

It draws 3 colored lines (Blue, Green, Red) below your price chart (in a separate panel):

Blue = Short-term strength
Green = Medium-term strength
Red = Long-term strength

You also see 3 reference lines:

+100 = Bullish line
0 = Neutral line
-100 = Bearish line

🧰 Why is this useful for a trader?

It helps you visually judge momentum across different timeframes.

You can see if all timeframes are pointing in the same direction, which can signal a strong trend.

Great for deciding:

Whether to enter a trade
Whether to stay in or exit
Whether the market is confused or trending clearly

📌 In simple terms:

"This script acts like a trend strength meter across short, medium, and long periods — helping traders see if the market is going up, down, or just stuck."

Would you like a visual example or want this added to your TradingView chart?

// Disclaimer: Please backtest this indicator across different timeframes before using it for live trading to ensure it performs as expected.

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.