OPEN-SOURCE SCRIPT
Institutional Trend LITE – Signal Line Overlay
A clean, reactive, and non-repainting indicator designed to highlight the true market trend direction through an intelligent line based on EMA 21.
The signal line automatically changes color according to a dynamic trend score calculated from the relationship between EMA 21 / EMA 100, RSI 6 / RSI 12, ADX, and candle structure (body & direction).
The signal line automatically changes color according to a dynamic trend score calculated from the relationship between EMA 21 / EMA 100, RSI 6 / RSI 12, ADX, and candle structure (body & direction).
نص برمجي مفتوح المصدر
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
نص برمجي مفتوح المصدر
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.