TBCRI - Trend Bar Color Reversal Indicator

Ethereum / BitcoinBinance

Description

⋅ Dec 31, 2018 4:29 PM

An idea I had today morning so I had to write. It seems to detect trends well. It has three phases like a semaphor, painting the chart bars of green, yellow or red.

=== Bar Color Meaning ===
Green: uptrend
Yellow: don't care
Red: downtrend

I think it can be useful!

Thanks!

Comments

startatrix

⋅ Feb 26, 2022 10:14 AM

HI, I'm trying this indicator but I don't get any labels

Karthi056

⋅ Dec 31, 2022 9:20 AM

Yeah. It is useful. Thank you 👍