PROTECTED SOURCE SCRIPT

TUX Candle Momentum

8 268
This will provide you with better bar colors to help you determine the trend of the market.

Teal = Bullish
Red = Bearish
Yellow = Undecided


In the chart settings you have two moving averages, this is used when outputting the bar colors.

The way it works is simple. It checks to see if the current price is above both of the moving averages defined in the settings.

I will be providing updates on a fairly frequent basis to this.

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.