OPEN-SOURCE SCRIPT
Updated SHAD helper
Displays lines and labels for prices following the SHAD strategy.
SHAD strategy consists in selling half the position every time price doubles, thus this indicator displays values for x2, x4, x8 and x16 of current closing price.
You can also see "/2" (-50%) and "/4 " (-75%) values.
You can edit display colors and labels text size in the indicator's settings
SHAD strategy consists in selling half the position every time price doubles, thus this indicator displays values for x2, x4, x8 and x16 of current closing price.
You can also see "/2" (-50%) and "/4 " (-75%) values.
You can edit display colors and labels text size in the indicator's settings
Release Notes
Renamed indicatorOpen-source script
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.
Disclaimer
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.
Open-source script
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.
Disclaimer
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.