OPEN-SOURCE SCRIPT
Strong tendence detector - Detector de Fuerte Tendencia
This chart shows when an asset is in a strong uptrend or downtrend. The legend on the left indicates if the RSI is above 62 or below 38 on the monthly, weekly, and daily timeframes. A strong uptrend is confirmed when all three timeframes are above 62, while a strong downtrend is confirmed when they are all below 38. Periods of a strong uptrend are highlighted with a green background, and periods of a strong downtrend are highlighted in red.
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.