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kingthies
Sep 3, 2020 9:30 AM

ChangeTrend [kingthies_] 

Apple Inc.NASDAQ

Description

% X Change Over Y Amount of Time
AKA "ChangeTrend"
Published by user Eric Thies [kingthies_] on 9/3/2020

Description
Relatively simple script that is measuring the performance of the input over the previous y # bars.
The EMA appears to make troughs and peaks easy to see coming / look at as they happen.


Interpretation:
  • Orange Histogram Represents the immediate % Change
  • Yellow Histogram represents the overall trend of such as an SMA of the same Y # of bars.



Cheers,

Release Notes

Upgraded to pine v5
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