OPEN-SOURCE SCRIPT

TrendRangeIdentifier V2

This is the enhanced version of TrendRangeIdentifier:

Trend-Range Identifier


Highlights of this version are:

  • Different ATR multiplier used based on trend.
  • Supertrend is used for trend bias for determining which ATR to use on which side
  • Crossover is based on option selected. It can be either high, low or close price which is determined by crossover type selected.


Remaining parameters remain same as that of original indicator.

כתב ויתור