PROTECTED SOURCE SCRIPT
Updated Techsys Trend spotter
Indicator is a type of macd and works in a similar way but with a lot less lag and is a lot more reactive to price action.
How to use:
1. Indicator activity above the zero horizontal line is bullish whilst activity below the zero line is bearish.
2. A cross over of the white and orange lines above the zero line is extremely bullish.
3. A cross under of the white and orange lines below the zero line is extremely bearish.
wysiwyg!
How to use:
1. Indicator activity above the zero horizontal line is bullish whilst activity below the zero line is bearish.
2. A cross over of the white and orange lines above the zero line is extremely bullish.
3. A cross under of the white and orange lines below the zero line is extremely bearish.
wysiwyg!
Release Notes
redundant lines in script removed.Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.