Get started
InvestitoreComune

Moving Average Trend Filter

InvestitoreComune  
141
1
The original script was posted on ProRealCode by user Nicolas.

Very simple representation of a trend, this one cumulate the candlesticks closes above and under a defined period of a simple moving average. Simple but yet effective to avoid classical whipsaw, i believe this indicator could help any trend followers in trading decision. Any comments are welcome !
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.

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.

Want to use this script on a chart?