PROTECTED SOURCE SCRIPT
Updated Pulse

A simple trend indicator which identifies possible position weights. Weights are also color coded. "Pulse" has some extra logic to reduce/increase trend weight when custom volatility events occur.
Should be used for information purposes only and as a possible layer of confluence within your existing strategy and risk managed approach.
- Weight > 0: suggests a "long" position (reen)
- Weight == 0: suggests a "cash" position (orange)
- Weight < 0: suggests a "short" position (red)
Should be used for information purposes only and as a possible layer of confluence within your existing strategy and risk managed approach.
Release Notes
Color formattingProtected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.