What does this strategy do?
This Pine Script strategy implements the Post-earnings announcement drift (PEAD) strategy, which is a financial market anomaly where a stock's price tends to drift in the direction of the firm's earnings surprise for an extended period of time.
Ref: en.wikipedia.org
An earnings announcement is an official public statement of a...
![SCB: [INVX] Post-Earnings Announcement Drift](https://s3.tradingview.com/y/YxVkbJhu_mid.png "[INVX] Post-Earnings Announcement Drift")
