OPEN-SOURCE SCRIPT
TBCRI - Trend Bar Color Reversal Indicator
An idea I had today morning so I had to write. It seems to detect trends well. It has three phases like a semaphor, painting the chart bars of green, yellow or red.
=== Bar Color Meaning ===
Green: uptrend
Yellow: don't care
Red: downtrend
I think it can be useful!
Thanks!
=== Bar Color Meaning ===
Green: uptrend
Yellow: don't care
Red: downtrend
I think it can be useful!
Thanks!
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