PROTECTED SOURCE SCRIPT

Anilk_3X_Trend_Pulse

93
🧠 What is it trying to do?

It shows whether the price of a stock (or crypto, etc.) is bullish, bearish, or neutral based on how prices are moving over different time periods.

Based on this, it gives a strength score:

+100 means strong bullish momentum (upward)
-100 means strong bearish momentum (downward)
0 means no clear direction (Neutral)

🎨 What does it show on the chart?

It draws 3 colored lines (Blue, Green, Red) below your price chart (in a separate panel):

Blue = Short-term strength
Green = Medium-term strength
Red = Long-term strength

You also see 3 reference lines:

+100 = Bullish line
0 = Neutral line
-100 = Bearish line

🧰 Why is this useful for a trader?

It helps you visually judge momentum across different timeframes.

You can see if all timeframes are pointing in the same direction, which can signal a strong trend.

Great for deciding:

Whether to enter a trade
Whether to stay in or exit
Whether the market is confused or trending clearly

📌 In simple terms:

"This script acts like a trend strength meter across short, medium, and long periods — helping traders see if the market is going up, down, or just stuck."

Would you like a visual example or want this added to your TradingView chart?

// Disclaimer: Please backtest this indicator across different timeframes before using it for live trading to ensure it performs as expected.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.