OPEN-SOURCE SCRIPT
R Squared - Momentum
This little oscillator just returns the R Squared Value of current price action.
It is designed to show trend direction momentum. Great for confluence!
It is designed to show trend direction momentum. Great for confluence!
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 publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
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