ChangeTrend [kingthies_]

% X Change Over Y Amount of Time
AKA "ChangeTrend"
Published by user Eric Thies [kingthies_] on 9/3/2020

Description
Relatively simple script that is measuring the performance of the input over the previous y # bars.
The EMA appears to make troughs and peaks easy to see coming / look at as they happen.

Interpretation:

Orange Histogram Represents the immediate % Change
Yellow Histogram represents the overall trend of such as an SMA of the same Y # of bars.

Cheers,

릴리즈 노트

Upgraded to pine v5

오픈 소스 스크립트

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.

For quick access on a chart, add this script to your favorites — learn more here.