Trend Index

Trend Index show trend of the instrument based on multiple indicators
- Green --> Uptrend
- Red --> Downtrend
- Gray --> No trend

Indicators used:-
  • Relative Strength Index ( RSI )
  • Commodity Channel Index ( CCI )
  • William Percent Range (WPR)
  • Directional Movement Index (DMI)
  • Elder Force Index ( EFI )
  • Momentum
  • Demarker
  • Parabolic SAR
Release Notes: add multi timeframe
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.


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