OPEN-SOURCE SCRIPT
TNT
This script just changes the background of the chart to show Trending(Green) / Range Bound(Red) Regions.
The concept is very simple, al each candle we look at the size of the candle and use a moving average of these candle body size (ABS (close-open)) and compare it agains a double smoothened average, i.e. moving average of this average to find trending or not trending periods.
I find it useful primarily for entry in options, a green background is more favourable for option buying and a red background is more favourable for option selling.
This script tells you nothing about the direction of trade.
The concept is very simple, al each candle we look at the size of the candle and use a moving average of these candle body size (ABS (close-open)) and compare it agains a double smoothened average, i.e. moving average of this average to find trending or not trending periods.
I find it useful primarily for entry in options, a green background is more favourable for option buying and a red background is more favourable for option selling.
This script tells you nothing about the direction of trade.
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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。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
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。