🚀🎉 Introducing the Candlestick Trend Strength by AlgoAlpha, a dynamic TradingView indicator designed to visually communicate the strength and direction of market trends right on your charts! 🕯️💪
Key Features:
🌈 Visual gauge for trend strength, color-coded for intuitive insights.
⏳ Customizable trend detection and normalization periods to match your trading...
Brief:
This oscillator style indicator takes another indicator as its source and measures the change over time (the slope). It then isolates the positive slope values from the negative slope values to determine a 'normal' slope value for each.
** A 'normal' value of 1.0 is determined by the average slope plus the standard deviation of that slope.
The Scale...