alexgrover

Trend Force Histogram

A way to see if market is trending or not trending based on highest and lowest closing price. Market is considered to be trending when the indicator is above 0 (in blue) and ranging when under 0 (in red)

Quite simple but its a way to calculate the trend force since trend can be measured thanks to highest/lowest.
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You can also check out some of the indicators I made for luxalgo : https://www.tradingview.com/u/LuxAlgo/#published-scripts

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