OPEN-SOURCE SCRIPT
Color Shark Fin

Indicator that measures the strength of an asset with color.
It represents extreme momentum exhaustion, usually followed by a rapid reversal.
The name comes from the shape formed by the indicator:
the movement creates a spike that resembles a shark’s fin.
It represents extreme momentum exhaustion, usually followed by a rapid reversal.
The name comes from the shape formed by the indicator:
the movement creates a spike that resembles a shark’s fin.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.