Indicators: Trend Range

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Trend Range:

An indicator of the market state.


Author: Scriptor

 

Hi Scriptor,


I find the indicator very useful to see the market strength ...

But I don't know how to determine the direction (buy or sell),


for example:

if the "blue candle" breaks the blue line (I know it is a strong movement)

Is the trend direction the "colour of the candle" on the chart at the moment of the break?

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