This script provides a plot of the 1st, 2nd, and 3rd time derivatives of a chart. All three lines being above the zero point (being positive) indicates a high likelihood of an upward trend, while all three lines being below the zero point (being negative) indicates a high likelihood of a downward trend.
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.
