INVITE-ONLY SCRIPT
Larsson Line
The Larsson line supports trend trading of tech assets over long timeframes:
- Trend trading (unsuitable for range trading)
- 4h candles to monthly candles (less suitable for hourly candles, unsuitable for high-frequency trading)
- Tech stocks and cryptocurrencies (not designed for commodities)
The indicator can aid traders following a rule based trading system by providing measure of trend consistency that is always in exactly 1 of 3 states - up, down or inconclusive, while masking inner states.
This edition handles more edge cases than the previous indicator and is intended to replace it after a period of live use.
- Trend trading (unsuitable for range trading)
- 4h candles to monthly candles (less suitable for hourly candles, unsuitable for high-frequency trading)
- Tech stocks and cryptocurrencies (not designed for commodities)
The indicator can aid traders following a rule based trading system by providing measure of trend consistency that is always in exactly 1 of 3 states - up, down or inconclusive, while masking inner states.
This edition handles more edge cases than the previous indicator and is intended to replace it after a period of live use.
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact ctoLarsson for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
Author's instructions
″
Want to use this script on a chart?
Warning: please read before requesting access.
CTO Larsson
ctolarsson.com
ctolarsson.com
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.