OPEN-SOURCE SCRIPT
Atualizado Jigga - Survival Level
Hi All !!
Its always the case that we buy a stock and it starts falling !! What a new investor will do is to add few more on downfall and then few more until they stuck all their case to same falling stock.
I thought to create a level which can help long term investor on when to buy and sell.
Logic:
I have used multiple indicators logic all into one and find out when majority of them are showing positive sign.
Green /Red line will be shown when majority are in positive / negative territory.
Buy and sell signal will be generated based on this line only.
Note:
Use this on Weekly chart on good fundamental stock for long term investment.
Its always the case that we buy a stock and it starts falling !! What a new investor will do is to add few more on downfall and then few more until they stuck all their case to same falling stock.
I thought to create a level which can help long term investor on when to buy and sell.
Logic:
I have used multiple indicators logic all into one and find out when majority of them are showing positive sign.
Green /Red line will be shown when majority are in positive / negative territory.
Buy and sell signal will be generated based on this line only.
Note:
Use this on Weekly chart on good fundamental stock for long term investment.
Notas de Lançamento
Updated script for early exit sign and protect downside. This may increase number of trades for range bound stocks.Notas de Lançamento
reenter in case fake stoploss hit. range bond will increase your trades so use another indicator to find trend.Script de código aberto
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.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
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.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.