Trend Strength Meter MA

The script is available (for free) to YSTC's Course members of "Trading with PAV".

This script is for MA Lovers, personally we are not a fan of MA. But still for MA Lovers.
This script is best if used on LTF. i.e.1min-5min.

Strong Trend (Red Color) if
If price is rising & doesn't touch or close below EMA 10.

Healthy Trend (Green) if
If price is rising but taking support at EMA 21 & Bouncing back up.

Moderate Trend (Black) if
If price is rising & often penetrating EMA10 & 21 & taking support at MA50.

Below is example of downtrend in motion at the start till end of the day.


Below is example of uptrend On 13th.


You can add this script to your chart by clicking "Add to favorite indicators" below.

Have Questions ?
[e-mail]

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Name: Yogesh Patil (YS Trading Coach).
Contact: [phone].
Time: Monday to Friday (10:00 AM - 07:00 PM).