OPEN-SOURCE SCRIPT
Trend Filter
The indicator colours the candles either Green or Red depending on the following conditions:-
If the N Bar Average Close > N Bar Average Open, the Bars are coloured Green.
If the N Bar Average Close < N Bar Average Open, the Bars are coloured Red.
If the N Bar Average Close > N Bar Average Open, the Bars are coloured Green.
If the N Bar Average Close < N Bar Average Open, the Bars are coloured Red.
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.
MohitMarwaha
Disclaimer
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