OPEN-SOURCE SCRIPT
Updated Trend Change
This indicator displays a general trend change. It shows an arrow on the candle from where the trend change is expected.
The trend change is calculated based on the previous candle open/close and the corresponding volume.
The trend change is calculated based on the previous candle open/close and the corresponding volume.
Release Notes
Plot new vertcal line for clearly showing the trend change.Release Notes
changed line heightRelease Notes
manage line helghtOpen-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.