OPEN-SOURCE SCRIPT
ที่อัปเดต: RS Stage Analysis

This script trying to detect different lifecycle of stock / Stages.
There is mainly 4 stages of stocks.
1) stage 1 - Accumulation = color = aqua
2) stage 2 - Advancing = color = green
3) stage 3 - Distribution = color = yellow
4) stage 4 - Declining = color = red
At some point the condition i wrote wont detect any stage.
There is mainly 4 stages of stocks.
1) stage 1 - Accumulation = color = aqua
2) stage 2 - Advancing = color = green
3) stage 3 - Distribution = color = yellow
4) stage 4 - Declining = color = red
At some point the condition i wrote wont detect any stage.
เอกสารเผยแพร่
Implemented Auto Draw Support & Resistance line using below logicThis is upgraded logic
This is how you can marking the chart.
Stage 1
➡️First day of stage 1 high.
only confirm if after stage 1 there is again stage 4 or no stage for at least 2 days.
OR
Stage 1 stays for 5 time frame (including no stage)
Stage 3
➡️First day of stage 3 low.
only confirm if stage 3 stay more than 1 days. and before it stage 2.
เอกสารเผยแพร่
Improvementsเอกสารเผยแพร่
Added no of look back periods to use for auto draw support & resistance. this will help full to load script much faster and also not generating too much lines on the chart.
เอกสารเผยแพร่
Removed complex condition to generate the stage 1 resistance line.1) Added rs84 and rs72 to decide stage 1
2) Now using last 7 days high as resistance to avoid fluctuation for both stage 1 and stage 3 resistance.
3) changed from low to high for stage 3 resistance.
4) now only using one simple code to generate the stage 1 resistance line.
-> minimum 1 day in stage 1 and stage 0 in last 5 days or stage 1 in 2 days in last 5 days
เอกสารเผยแพร่
Added one more condition for stage 3 resistanceเอกสารเผยแพร่
Added Days gap between 2 same stage lines input, to avoid multiple lines draw very close to each other.
เอกสารเผยแพร่
improvements in stage 1 line draw codeเอกสารเผยแพร่
bug fix in lookback codeเอกสารเผยแพร่
Added one more condition to generate stage 1 dataเอกสารเผยแพร่
Added Stage 2 Resistance Lineเอกสารเผยแพร่
Added Stage 1 Proper Resistance Lines optionif someone who are not sure about the Stage 1 resistance line now they can disable that option and only enable the Stage 1 Proper Resistance Lines option.
เอกสารเผยแพร่
improvements in stage 1 proper resistance line code.เอกสารเผยแพร่
Improvements in proper stage 1 resistance line.เอกสารเผยแพร่
-> Changed stage 2 color opacity when rs above ema147 and ema168 to easily identified proper stage 2 uptrend.-> Hide stage 1 resistance line default to generate less lines.
-> Added stage 2 proper resistance line when rs above ema147 and ema168
now one should only enter a trade if green background color opacity is less.
เอกสารเผยแพร่
-> Hide default stage 1 proper resistance line.-> Changed condition to generate proper stage 2 resistance line.
เอกสารเผยแพร่
Changed resistance lines high from 7 days high to 15 days high.เอกสารเผยแพร่
Changed default comparison symbol from NIFTY50 TO CNX500เอกสารเผยแพร่
Bug fix in stage 2 proper resistance line code.เอกสารเผยแพร่
Upgraded stage 3 resistance line code.เอกสารเผยแพร่
Changed ema length from 126 to 189now checking close / open above all three ema, vwma, vwma-high
some code clean.
เอกสารเผยแพร่
Changed 189 ema/vwma to sma 200, 150, 100เอกสารเผยแพร่
Updated condition for stage 2เอกสารเผยแพร่
Updated stage 2 conditionเอกสารเผยแพร่
changed default settings.เอกสารเผยแพร่
bug fix in stage 1เอกสารเผยแพร่
bug fix in stage 1เอกสารเผยแพร่
Added chart timeframe using timeframe.period instead daily timeframe for comparison index / stock.เอกสารเผยแพร่
Updated stage 2.1 and stage 2 detection conditionสคริปต์โอเพนซอร์ซ
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.
คำจำกัดสิทธิ์ความรับผิดชอบ
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.
สคริปต์โอเพนซอร์ซ
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.
คำจำกัดสิทธิ์ความรับผิดชอบ
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.