PROTECTED SOURCE SCRIPT
Trend Identifier !

Trend Identifier is basically identifies the trend specially during range bound market / choppy market and false breakout . After long bull trend if pink candle/bar starts appearing there is possibility of trend reversal ( bear trend may start or price may consolidate in range until red candle doesn't appear ) vice versa !
Aqua = Strong Bull Trend
Yellow = Weak Bull Trend
Pink = Weak Bear Trend
Red= Strong Bear Trend !
Aqua = Strong Bull Trend
Yellow = Weak Bull Trend
Pink = Weak Bear Trend
Red= Strong Bear Trend !
Protected script
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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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.