OPEN-SOURCE SCRIPT
Sadi's Pocket Pivot Buy Signal (PP-B)
Can be used to identify early entries within a basing period or later on as the stock breaks out and heads higher (continuation buy signals).
Helps in identifying low risk entries where the investor can pyramid into the stock and hence manage risk better.
Makes sure you get in when the trade in working in your favor and avoid putting good money after bad.
Helps in identifying low risk entries where the investor can pyramid into the stock and hence manage risk better.
Makes sure you get in when the trade in working in your favor and avoid putting good money after bad.
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.
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.