OPEN-SOURCE SCRIPT
更新済

© Investoz trendwarning

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The indicator is built as an educational purpose and is therefore not a recommendation for buying/selling shares.

The idea is to create a visual form in a graph that shows if there is any trend, both positive and negative. A dialog box with a warning tells you what trend prevails.

In the code, there is an opportunity to take a position or go out of position if you want to create a strategy around this trend indicator. However, I strongly recommend not to rely solely on this indicator as a buy/sell decision as the results will most likely be negative if you buy on a positive trend and sell on a negative trend. It must be combined with other ideas and therefore this script works more as a complement to your own strategy.

It is free for anyone to use this indicator and make it better.
リリースノート
Total number of days issue is now edited and I also changed the language from Swedish to English. I also changed the aesthetic of the indicator.
リリースノート
More language changes.
リリースノート
Updated to color.new() function.

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