TTPro TrendBars V12

// TTPro TrendBars studies the organization of a market trend based on price action momentum and colours the bars to reduce noise and to give a clear indication of the trend direction.

Versionshinweise:

TWA TrendBars version 15 has updated script and bar colour codes

Versionshinweise:

Amends to this indicator include upgrade to version 5 and addition of divergence lines on chart from rsi, cci, money flow, obv, macd, momentum and stochastic.

Versionshinweise:

Amended linewidth from 2 to 1

Versionshinweise:

Added atr value and accumulation distribution zones

Versionshinweise:

Added atr value and accumulation distribution zones

Versionshinweise:

Rename to accum dist

Versionshinweise:

Change bar colours

Versionshinweise:

We have added a trend indicator at the bottom of the chart in the form of a green or red bar running horizontally, we will look to enter trades with the trend when the trend indicator appears below. This feature is best used alongside our other indicators and alerts.

Versionshinweise:

Added buy and sell alerts and removed candle colour and other alerts that were never used.

Versionshinweise:

Fixed bug with alert condition - removed redundant code

Versionshinweise:

To prevent confusion, we replaced the Buy/Sell alert labels with Bullish/Bearish. The purpose of this trend bar is to indicate when specific parameters are favourable in either direction. It's important to note that we shouldn't interpret these signals as a definitive Buy or Sell recommendation.