This script changes the color of the candles based on uptrend (green), downtrend (red), neutral/chop (yellow). It uses an ATR and Pivots to determine the direction, or lack of. Since all markets move differently and market volatility changes, you will need to adjust the settings to find a potential match for the day. It's pretty simple to use. Just enter in the direction of the trend and exit (or reverse) when the candle color changes.
Versionshinweise:
Script was having an issue working on some crypto assets as mentioned by some users. The Pinecoders group found that I had reversed ATR Length and ATR Range references. The issue has been resolved.
Versionshinweise:
Updated code to Pinescript V5.
ALL indicators, strategies and bots are included with Discord access.
www.NorthStarDayTrading.com/discord
www.youtube.com/shorts/fWFQE7uEHvU
www.NorthStarDayTrading.com/discord
www.youtube.com/shorts/fWFQE7uEHvU