Trendoscope
The original trend indicator. Most of the time values in the range from -2 to +2. The indicator is displayed in a separate window in the form of two lines. The higher value of the indicator, the stronger upward trend. The lower the value, the stronger the downward trend. The distance between the lines can be interpreted as a measure of volatility. The indicator has one input parameter - Period. It indicates the number of bars for analysis.
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