PROTECTED SOURCE SCRIPT
Infinity
This is an experimental (work in progress) indicator that uses volume to determine the overall trend.
The indicator currently has two data outputs :
At the top of the chart, it plots a circle.
Red-bear, green-bull. This is not affected by the lookback parameter.
It is the macro direction of the market
The script will also change bar colors, to red or green, depending on the volume in the look back period.
The idea is to always be aware of the general trend, while the script indicates counter-trend opportunities.
The indicator currently has two data outputs :
At the top of the chart, it plots a circle.
Red-bear, green-bull. This is not affected by the lookback parameter.
It is the macro direction of the market
The script will also change bar colors, to red or green, depending on the volume in the look back period.
The idea is to always be aware of the general trend, while the script indicates counter-trend opportunities.
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