The Stockbee 4% Breakout script is a study tool for users who wants to do a deep dive on StockBee's 4% Breakout momentum burst method. This script will assist a specific group of traders who trade this method easily find historical momentum bursts. This script finds and colors red any candle body that meets the following criteria:
1. Volume of the candle is...
Script to identify candlesticks with less than 50% body of total high low candlestick. Places a dot inside the candle. Make sure indicator is moved in the top of Objects Tree so the dot will not be hidden behind the candlebar.
This indicator is very simple, but surprisingly effective, and I haven't found any mention of something similar, so here it is. I hope it helps you in your stock trading.
Someone made a comment in a trading room that the 8 am candle of the stock looked odd, so I quickly checked all the other stocks I had on my screen, and for all of them, the 8 am candle was...
Hi everyone
The today's script was suggested by a follower.
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1 minute of Knowledge
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Many traders look at volume as a pre-signal that a move may happen.
In trading, some say that "the volume precedes the movement".
This simply means that often volume will increase before a significant...
The script replicates the standard EMA/SMA used by tradingview, but also adds an estimate for the first X periods, where X is the length of the moving average. This allows for an estimate of support resistance in IPO stocks, when fewer date is available
HighLow Box Highlight between Earnings
This is an indicator to highlight area between two earning periods and their highest and lowest points.
It also alternates the highlight color in each subsequent block.
Tested to work in 1D charts and 1M charts
Just drop a message, if you want this further developed with more features.
Note: This was requested...
what will happen for the RSI if the price will increases or decreases by X percent ? This indicator takes your hands.
For instance:
You set Leader1 = 1 and Leader2 = -1 (by default), So this indicator shows you that if the price will increase 1% (Leader1) or decrease 1% (Leader2) How much the RSI will be?
So you have 3 horns, One of them main RSI that shows...
Monthly options expiration for the year 2021.
Also you can set a flag X no. of days before the expiration date. I use it at as marker to take off existing positions in expiration week or roll to next expiration date or to place new trades.
Happy new year 2021 in advance and all the best traders.
