WST Trend Strength Indicator

WST Trend Strength

This lower thinkorswim indicator measures the angle of 4 EMAs (all 4 EMAs can be customized by the user). The default setting for a “strong” trend is set at .5 but that too can be customized by the user. Default EMAs are set because my go to time frame is the daily chart so I have 1(1day), 5 (5 trading days in a week), 21 (20 to 21 trading days in a month), 253 (253 trading days in a year). The Idea is the more time frames that matech up the stronger the trend. Green = strong up trend, dark green = up trend, red = strong down trend, dark red = down trend.