TEA Indicator 2.0

Info: smbtraining. com / blog/ tea-2-0-indicator

The Red and Green colors are based on the market cycles:

Dark Red: Accumulation
Bright Green: Mark Up
Dark Green: Distribution
Bright Red: Mark Down
Blue: Volatility Consolidation

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?


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