OPEN-SOURCE SCRIPT
Consecutive Closes Above or Below a SMA
This is a very simple indicator to that marks a candle after a specified number of consecutive closes above or below a Simple Moving Average. The purpose of the indicator is to provide a quick visual cue that there is a strong trend in play.
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 publication is governed by House rules. You can favorite it to use it on a chart.
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