OPEN-SOURCE SCRIPT
Updated James Reversal Indicator
this indicator can be used to see the buyers or sellers power becoming weaker or stronger.
//this is my first amateur script hope it helps.
//this is my first amateur script hope it helps.
Release Notes
I have upgraded the script, now it will have a value on each bar no matter if it hasn't had a green or red bar for the couple bars.Release Notes
I've added strong uptrend and strong downtrend options.Now you can see how strong the trend is.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.