OPEN-SOURCE SCRIPT
Trend Strength Benchmark (TSB)
This indicator helps you gauge trend strength by combining multi-timeframe EMAs, VWAP, and optional ADX filters. It tracks the EMA high, low, and close from your chosen primary timeframe, and can also pull corresponding levels from higher timeframes for added confirmation.
The shaded EMA band on the chart gives you a quick visual of the trend zone. VWAP from the same timeframe adds an anchor point to judge momentum.
For signals, the script fires a BUY when the candle’s low stays above all selected benchmark lines, and a SELL when the candle’s high stays below them. Only one type of signal is allowed at a time, preventing back-to-back buys or sells and keeping the flow clean. An optional ADX filter lets you allow signals only when the trend has enough strength.
Everything is customizable — EMA length, timeframes, signal direction, and ADX settings — making it a flexible tool for momentum and trend-based strategies.
The shaded EMA band on the chart gives you a quick visual of the trend zone. VWAP from the same timeframe adds an anchor point to judge momentum.
For signals, the script fires a BUY when the candle’s low stays above all selected benchmark lines, and a SELL when the candle’s high stays below them. Only one type of signal is allowed at a time, preventing back-to-back buys or sells and keeping the flow clean. An optional ADX filter lets you allow signals only when the trend has enough strength.
Everything is customizable — EMA length, timeframes, signal direction, and ADX settings — making it a flexible tool for momentum and trend-based strategies.
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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。