The trend is assumed UP while candle closes are above baseline. The baseline is then colored green. The trend is assumed DOWN while candle closes are below baseline. The baseline is painted red in this case.
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Instead of updating i accidentally uploaded Uber Baseline a second time. I apologise. As TV does not offer simple deletion function i will leave it here but be aware this version will not be updated or maintained in the future.
Please fav/like/comment on the original @
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This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.