OPEN-SOURCE SCRIPT
Market Trend Strength (MTS) (by ChartArt)
See the current trend strength of the market. An additional filter makes trend consolidation areas visible. The color changes there each bar back and forth between green and red.
This area was interesting. Would have been a better example:
If the filter is deactivated the indicator shows the last measured price trend (green for up and down for red).
This area was interesting. Would have been a better example:
If the filter is deactivated the indicator shows the last measured price trend (green for up and down for red).
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