Indicators: Trend Strength Average

 

Trend Strength Average:

Usually Trend Strength indicators are using oscillator based indicators for trend strength assessment.

This version changes that. It can use some of the 4 regular types of averages and is drawn on the main chart. That way you can see directly on the price itself the estimated trend assessment by the trend strength algorithm.

Author: Mladen Rakic

 
Automated-Trading:

Trend Strength Average:

Author: Mladen Rakic

Hi Mladene, do you have this or similar indicator for Tradestation?

Thanks & Regards

Ilija

Reason: