This indicator plots a bar that changes color when an uptrend/downtrend occurs as defined by a fast moving average being above/below a slow moving average respectively. This indicator can help spot crossovers easier, which may be hard to do via 2 moving average lines. This indicator supports different MA types & can be applied to any timeframe.
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.
Disclaimer
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