This indicator provide short term trend information. 1. Green bar color indicates bullish trend and vice-versa for Red bar. 2. Dark green color indicates bar close higher than previous bar. 3. Dark red color indicates bar close lower than previous bar. 4. Bar close above green line indicates strong bullish trend. 5. Bar close below red line indicates strong bearish trend.
hey buds this is pretty neat i was wondering something why do you have it set at 42 would 20 be a good setting for script thanks alot i really like this ill use this for a while see how i can incorporate this into my daily trading cheers
odhruvji
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@codystrading, indicator provide better results with parameter 42,for the script, i use. you can change parameter and use it. thanks.