Velocity TDI — Indicator by CindyvanA

This indicator helps to decipher and monitor market conditions related to trend direction, market strength, and market volatility .

It helps to determine if Velocity validation make sense

Release Notes:

updated colors

Release Notes:

changed overbought/oversold

Release Notes:

changed colors and names to simplify

Release Notes:

Change name and some settings as finetuning

Release Notes:

fixed a bug

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.

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