OPEN-SOURCE SCRIPT
4-Frame Trend Count
Updated
This script tracks the current close vs the close from 4 time frames prior to spot a trend reversal after 9 consecutive up or down moves.
Release Notes
This script tracks the close from the fourth prior time frame versus current close for a trend reversalOpen-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.
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