OPEN-SOURCE SCRIPT
James Reversal Indicator
Updated
this indicator can be used to see the buyers or sellers power becoming weaker or stronger.
//this is my first amateur script hope it helps.
//this is my first amateur script hope it helps.
Release Notes
I have upgraded the script, now it will have a value on each bar no matter if it hasn't had a green or red bar for the couple bars.Release Notes
I've added strong uptrend and strong downtrend options.Now you can see how strong the trend is.
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.
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.