Trend Force Histogram
A way to see if market is trending or not trending based on highest and lowest closing price. Market is considered to be trending when the indicator is above 0 (in blue) and ranging when under 0 (in red)
Quite simple but its a way to calculate the trend force since trend can be measured thanks to highest/lowest.
Quite simple but its a way to calculate the trend force since trend can be measured thanks to highest/lowest.
Phát hành các Ghi chú:
- Updated to v4
- Replaced rising/falling
- Replaced rising/falling
Check out the indicators we are making at luxalgo: www.tradingview.com/u/LuxAlgo/