% 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.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Per aggiungerlo al grafico, mettilo tra i preferiti.
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