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// © karthikmarar
//@version=4
study("VPA Volume")
//=========================================================================|
// Slope Calculation |
//=========================================================================|
src = sma(close,5)
//--------------longterm trend---------------
lts = linreg(src, 40, 0)
ltsprev = linreg(close[3], 40, 0)
ltsslope = ((lts - ltsprev) / 3 )
//-------------Medium Term Trend-------------
mts = linreg(src, 20, 0)
mtsprev = linreg(close[3], 20, 0)
mtsslope = ((mts - mtsprev) / 3 )
//-------------short Term Trend-------------
sts = linreg(src, 3, 0)
stsprev = linreg(close[1], 3, 0)
stsslope = ((sts - stsprev) / 2 )
tls = ltsslope
//-----------------------------Bar coloring
Code-------------------------------------------------