Trend Validation | www.cryptoalphaindicators.com
- The navy blue background color indicates a positive trend underway and conversely the red background color indicates a negative trend has been detected.
- Formulated with Ehler's Force Index and the Exponential Moving average.
- The areas absent of color indicate that no satisfiable correlation was found between price (ema) and the price-to-volume indicator Ehler's Force Index (EFI).
The Trend Validation indicator is available for purchase at https://www.cryptoalphaindicators.com
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Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact CryptoAlpha_indicators directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.