NSDT Trend Candles

This script changes the color of the candles based on uptrend (green), downtrend (red), neutral/chop (yellow). It uses an ATR and Pivots to determine the direction, or lack of. Since all markets move differently and market volatility changes, you will need to adjust the settings to find a potential match for the day. It's pretty simple to use. Just enter in the direction of the trend and exit (or reverse) when the candle color changes.

Release Notes

Script was having an issue working on some crypto assets as mentioned by some users. The Pinecoders group found that I had reversed ATR Length and ATR Range references. The issue has been resolved.

Release Notes

Updated code to Pinescript V5.

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

NorthStarDayTrading

ALL indicators, strategies and bots are included with Discord access.
NorthStarDayTrading.com/discord
youtube.com/shorts/fWFQE7uEHvU

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Open-source script

NorthStarDayTrading

ALL indicators, strategies and bots are included with Discord access.
NorthStarDayTrading.com/discord
youtube.com/shorts/fWFQE7uEHvU

Also on: