OPEN-SOURCE SCRIPT
Trend M

Very simple script where all you need is to put the time frame you are, just put min number
for example 5 min = 5 at Min
1 hour =60
4 hour =240 etc
green are bullish trend
red is bearish
the trend is based on weekly combination of High and Low with no security MTF ,at this way I attempt to put the possible weekly support and resistance to a much lower TF
so it just idea . let me know what you think:)
for example 5 min = 5 at Min
1 hour =60
4 hour =240 etc
green are bullish trend
red is bearish
the trend is based on weekly combination of High and Low with no security MTF ,at this way I attempt to put the possible weekly support and resistance to a much lower TF
so it just idea . let me know what you think:)
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.