OPEN-SOURCE SCRIPT

Price Trend Indicator+

156
🧠 What it does

It measures the ratio between average price change and average volatility, showing how strong and directional the trend is.
Higher positive values = steady uptrend, negative = downtrend


📊 How to interpret
P value Signal Meaning
P > +0.5 🟢 Strong Uptrend Steady upward movement
0 < P < +0.5 🟡 Mild Uptrend Weak upward bias
P ≈ 0 ⚪ Sideways No clear direction
-0.5 < P < 0 🟠 Mild Downtrend Slight downward bias
P < -0.5 🔴 Strong Downtrend Consistent decline

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。