OPEN-SOURCE SCRIPT

HalfTrend

Updated
A popular trend indicator based on ATR. Similar to the SuperTrend but uses a different trend's identification logic.

I am publishing a disclosed code without license. Remember that in the future you may see a lot of paid IO scripts called BuySellScalper, Trend Trader Karan, Trend Trader and etc (by other authors) which will be based on this script. I found the same script on Ebay for $10 with a free shipping. Beware, always check and follow one Russian wisdom: "Do not pay for something you can get for free".
Release Notes
  • Replaced arrow icons with built-in triangles due to the issue with fonts
ATRAverage True Range (ATR)halftrendtrendTrend AnalysisVolatility

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.

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Freelance -> Telegram: @alex_everget

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