This is the ViciousVB Original Script. I just modified it to version 3 based on his request. This is an excellent indictor to show the trend and the strength of the trend, One can use this to confirm the trend based on confluence.
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.
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