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You liked the script? Try it in the MetaTrader 5 terminal
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- 2018.11.30 14:09
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"Trend strength" version of EMA variation (originally published here : EMA variation along with detailed explanation). In these cases trend strength is used more like a filter than anything else, but the original calculation is kept, and the logic is the original logic of the "trend strength" family of indicators
Usage :
You can use the color change as signals

TrendStrength of deviation scaled MA

PdfMA based awesome oscillator

This is Larray Williams's Variable Accumulation Distribution, used in volume analysis.

Easy and visual way to check abnormal changes in Volume.