INVITE-ONLY SCRIPT

ASH Meter v2

1 108
Histogram shows the strength and can be used to identify trending or ranging periods.
Commonly known as ASH, Absolute Strength Histogram.
I modified the calculation of the histogram.

Volume / Volatility , aka Trend Strength

Only allow to enter on solid bars
-Solid blue = bullish
-Solid red = bearish
-line crossover signify trend shifting
-Grey bars =ranging

PM me for testing purposes only.

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.