OPEN-SOURCE SCRIPT
Updated Trend Index
Trend Index show trend of the instrument based on multiple indicators
- Green --> Uptrend
- Red --> Downtrend
- Gray --> No trend
Indicators used:-
- Green --> Uptrend
- Red --> Downtrend
- Gray --> No trend
Indicators used:-
- Relative Strength Index (RSI)
- Commodity Channel Index (CCI)
- William Percent Range (WPR)
- Directional Movement Index (DMI)
- Elder Force Index (EFI)
- Momentum
- Demarker
- Parabolic SAR
Release Notes
add multi timeframeOpen-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.