OPEN-SOURCE SCRIPT
[feeble] Trender
Ever wondered which way the price is trending?!
feeble Trender™ **BETA** shows the trend based on middle crossings in different timeframes, volume weighting and volatility (std Deviations)
--The indicator displays the same on any timeframe.
--Select a FROM and TO period
--Use DuPLiCaToR to make 12 copies - use values between 0.8-1.2
--Coloured bands go purple when price is below the volume-weighted mIdBaNd!
--Shows the trend on a few different scales!!
feeble Trender™ **BETA** shows the trend based on middle crossings in different timeframes, volume weighting and volatility (std Deviations)
--The indicator displays the same on any timeframe.
--Select a FROM and TO period
--Use DuPLiCaToR to make 12 copies - use values between 0.8-1.2
--Coloured bands go purple when price is below the volume-weighted mIdBaNd!
--Shows the trend on a few different scales!!
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.
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
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.
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.