OPEN-SOURCE SCRIPT
Updated A-B-C-D Levels with Customizable Pct & Price Line
It's one of the less popular plain technique for trading with fundamentally strong stocks. please do select stocks properly. this may or may not work for all stocks.
Large cap ratios maybe different from small cap ratios, do back test properly before taking any decision. all the best. happy investing.
Large cap ratios maybe different from small cap ratios, do back test properly before taking any decision. all the best. happy investing.
Release Notes
User friendly and good for fundamentally strong stocks.Release Notes
This is very exciting set up when you can pick the fundamentally strong stocks. you can use the ratios of fall as per the idea. for large cap it may work 10, 20,30 falls %. but small cap and mid cap , please do explore well before applying. Happy trading.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.