/this algorithmr takes a weighted average of the 10, 50 and 200 day moving averages, and quamtifies the trend strength
from +5 = strongly bullish to -5 = strongly bearish. 0 = no trend,
The strongest trend quantified will be when the 10, 50, and 200 day moving averages are all going in the same direction.
Another free indicator from Tarzan.
Peace.
from +5 = strongly bullish to -5 = strongly bearish. 0 = no trend,
The strongest trend quantified will be when the 10, 50, and 200 day moving averages are all going in the same direction.
Another free indicator from Tarzan.
Peace.