Tenkan Higher Time Frame by TheSocialCryptoClub

Name: Tenkan HTF

Category: Indicator.

Timeframe: Any Timeframe

Description: Tenkan Higher Timeframe allows to visualise the Tenkan for the Current timeframe and one at a higher timeframe.

Suggested usage: Use on Daily to evaluate the Weekly Tenkan.

Technical Details: When the Tenkan changes direction, it is evaluated if the change is due to the creation of new highs or new lows - so what happened in the last candle, a symptom of strength or weakness - or if the change is due to the fact that the "outgoing" candle had lows or highs that were no longer present in the Tenkan period.

This indicator can also be used - by setting the appropriate period length - for the Kijun.

- Technique has been explained by Corrado Rondelli.

- Scalping The Bull Indicator:
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- AlgoTrading Training:
- Crypto News:
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 a publication is governed by House Rules. You can favorite it to use it on a chart.


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.

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