% X Change Over Y Amount of Time AKA "ChangeTrend" Published by user Eric Thies [kingthies_] on 9/3/2020
Description Relatively simple script that is measuring the performance of the input over the previous y # bars. The EMA appears to make troughs and peaks easy to see coming / look at as they happen.
Interpretation:
Orange Histogram Represents the immediate % Change
Yellow Histogram represents the overall trend of such as an SMA of the same Y # of bars.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. 您可以收藏它以在圖表上使用。