INVITE-ONLY SCRIPT
NKP Strength Meter
NKP Strength Meter is an indicator it will show the strength of the trend based on built-ins indicators like RSI , MACD , ADX , PSAR and some mathematical formulas. we can apply in any time frame. it is dynamically calculate the values based which time frame user got selected. By using this we can trend strength, read on. ( we can apply this in any time frame chart)
NKP Strength Meter has 3 main components:
one trend bar - it will plot only in two colors either Green or Red. Green indicates buy strength Red indicates sell strength.
three trend dotted lines - these also will plot only in two color either Red or Green. Green indicates buy strength Red indicates sell strength.
color plotted area - if all are in the Green it will plot the green background. all are in red it will plot the red background based these we can easily identify the strength of the trend while seeing the chart.
How does it work?
If all trend bar and dotted lines are green it means buyers strength is more.(continue with uptrend)
If all trend bar and dotted lines are red it means seller strength is more.(continue with downtrend)
mixed colors on dotted line and trend bar there is strength at that time.
What are the signals?
it wont generate any signals. just it will plot the strength dotted lines and trend bar it identify the strength of the trend.
Can we set the Alert on this?
No, it will use to see the strength of the trend while taking the order.(just for trend confirmation)
IMPORTANT: this script does not generate any signals. Perfectly catches long runs in trends at all underlings (stocks, indexes ) at any time frame.
Try it! Good luck and good trading!
For access, please PM us or visit the link below in our Signature.
NKP Strength Meter has 3 main components:
one trend bar - it will plot only in two colors either Green or Red. Green indicates buy strength Red indicates sell strength.
three trend dotted lines - these also will plot only in two color either Red or Green. Green indicates buy strength Red indicates sell strength.
color plotted area - if all are in the Green it will plot the green background. all are in red it will plot the red background based these we can easily identify the strength of the trend while seeing the chart.
How does it work?
If all trend bar and dotted lines are green it means buyers strength is more.(continue with uptrend)
If all trend bar and dotted lines are red it means seller strength is more.(continue with downtrend)
mixed colors on dotted line and trend bar there is strength at that time.
What are the signals?
it wont generate any signals. just it will plot the strength dotted lines and trend bar it identify the strength of the trend.
Can we set the Alert on this?
No, it will use to see the strength of the trend while taking the order.(just for trend confirmation)
IMPORTANT: this script does not generate any signals. Perfectly catches long runs in trends at all underlings (stocks, indexes ) at any time frame.
Try it! Good luck and good trading!
For access, please PM us or visit the link below in our Signature.
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡NKPTechnicalTrader。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
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。
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡NKPTechnicalTrader。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
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。