OPEN-SOURCE SCRIPT
Trend Change
Updated
This indicator displays a general trend change. It shows an arrow on the candle from where the trend change is expected.
The trend change is calculated based on the previous candle open/close and the corresponding volume.
The trend change is calculated based on the previous candle open/close and the corresponding volume.
Release Notes
Plot new vertcal line for clearly showing the trend change.Release Notes
changed line heightRelease Notes
manage line helghtOpen-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.
Want to use this script 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.