OPEN-SOURCE SCRIPT
已更新 Price Movement

Price indicator that shows the trend based on price movement.
The indicator determinants when an asset price is getting higher or lower by comparing the previous price highs and lows to the current price.
==Explanation==
In case current HL2 [(High +Low)/2] exceeds the previous HL2 HIGH then the columns will turn green.
In case current HL2 fails the previous HL2 LOW then the columns will turn red.
The trick here is that the trend CONTINUES to show the greens and reds, until a reversal happens to the opposite side.
This can be used to determinate trends and reversals.
Note: Bar colors are disabled by default.
You can set the lookback period at the indicator settings as well as the asset source (HL2,CLOSE, etc..). default is HL2
Quote that i like: “It is impossible to produce superior performance unless you do something different from the majority.” – John Templeton
Enjoy and like if you like :)
The indicator determinants when an asset price is getting higher or lower by comparing the previous price highs and lows to the current price.
==Explanation==
In case current HL2 [(High +Low)/2] exceeds the previous HL2 HIGH then the columns will turn green.
In case current HL2 fails the previous HL2 LOW then the columns will turn red.
The trick here is that the trend CONTINUES to show the greens and reds, until a reversal happens to the opposite side.
This can be used to determinate trends and reversals.
Note: Bar colors are disabled by default.
You can set the lookback period at the indicator settings as well as the asset source (HL2,CLOSE, etc..). default is HL2
Quote that i like: “It is impossible to produce superior performance unless you do something different from the majority.” – John Templeton
Enjoy and like if you like :)
發行說明
Minor update in conditions. (removed equal)發行說明
Added support for HIGHER time frame while default is current time frame. 發行說明
Added Signals in case you want to attach 'Price Movement' indicator into a another indicator. 1 for long, -1 for short.'Close' is now default source input (of course you can change to HL2 or others).
Length was changed to 13 from 17.
發行說明
Minor fix for additional indicator signals.發行說明
Changed how Higher time frame is calculated.發行說明
Minor clean up.發行說明
FIX: Added High source and Low source.Updated indicator description in script.
You can change 'High Source' and 'Low Source' to different values, like both HL2.
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。
Appreciation of my work: paypal.me/dman103
All Premium indicators: algo.win
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
All Premium indicators: algo.win
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
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。
Appreciation of my work: paypal.me/dman103
All Premium indicators: algo.win
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
All Premium indicators: algo.win
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
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。