OPEN-SOURCE SCRIPT
已更新 Hindsight Trend
Non-realtime but highly accurate trend analyzer with only one fundamental parameter (period aka "minimum trend length")
Basically Hindsight Trend is pivot points on steroids (handles many cases much better). Plus it shows the trend line.
Period
I usually like periods of 10, 20 or 30.
The indicator's delay is identical to the chosen period.
You can actually try a low period like 4 or 5 to get something resembling a realtime indicator.
Uptrends are based on candle lows, downtrends are based on candle highs. So it is possible to have an uptrend and a downtrend at the same time.
Triangles
At trend start, a triangle is drawn. (Trendline isn't always there if the trend didn't last that long.)
Triangle size shows how long the high or low that started the trend remained unbroken. E.g. with period 20: Small triangle = 20+ candles, medium triangle = 40+ candles, big triangle = 80+ candles. So a big triangle marks an important reversal point.
How Hindsight Trend works
Whenever a candle completes, its high and low are saved as potentially "notable" points. A high or low is the more notable the longer it stays unbroken (= not touched again by price).
Now we simply take the notable highs and lows (as in, staying unbroken at least for the user-selected period)... and connect them together - if they are close enough to each other (less than "period" candles away). And decorate the first point in each trend with a triangle.
We only know whether a point is notable after "period" more candles have printed, so that's where the indicator's delay comes from.
Finally we divide the period by 2 and look at highs and lows which are unbroken for that shorter time. While they are not fully "notable" as defined above, we'll call them "semi-notable". Those points are only considered at the end of a trend, and help us extend the trend line a bit further.
Basically Hindsight Trend is pivot points on steroids (handles many cases much better). Plus it shows the trend line.
Period
I usually like periods of 10, 20 or 30.
The indicator's delay is identical to the chosen period.
You can actually try a low period like 4 or 5 to get something resembling a realtime indicator.
Uptrends are based on candle lows, downtrends are based on candle highs. So it is possible to have an uptrend and a downtrend at the same time.
Triangles
At trend start, a triangle is drawn. (Trendline isn't always there if the trend didn't last that long.)
Triangle size shows how long the high or low that started the trend remained unbroken. E.g. with period 20: Small triangle = 20+ candles, medium triangle = 40+ candles, big triangle = 80+ candles. So a big triangle marks an important reversal point.
How Hindsight Trend works
Whenever a candle completes, its high and low are saved as potentially "notable" points. A high or low is the more notable the longer it stays unbroken (= not touched again by price).
Now we simply take the notable highs and lows (as in, staying unbroken at least for the user-selected period)... and connect them together - if they are close enough to each other (less than "period" candles away). And decorate the first point in each trend with a triangle.
We only know whether a point is notable after "period" more candles have printed, so that's where the indicator's delay comes from.
Finally we divide the period by 2 and look at highs and lows which are unbroken for that shorter time. While they are not fully "notable" as defined above, we'll call them "semi-notable". Those points are only considered at the end of a trend, and help us extend the trend line a bit further.
發行說明
Fixed a typo in the settings發行說明
Fixed the script for non-Premium members發行說明
Optimized the script to run faster發行說明
Fixed the trendline distance logic發行說明
Changed period step size to 5發行說明
Now plots trendlines all the way into the past發行說明
Removed values from status line發行說明
Optimized the script to run faster開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。