This script is str1nger All-time high and percentage drops script with some small mods, such as the previous candles high and low prices.
This script helps me target buy and sell zones based on what percentage the price has dropped.
This is revision #2
Updated as of 2-10-21
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This script is str1nger All-time high and percentage drops script with some small mods, such as the previous candles high and low prices and percentage gain zones.
This script helps me target buy and sell zones based on what percentage the price has dropped or gained.
This is revision #4
This version I added 5% 10% and 20% gain zones from All Time High.
Trading takes patience. That's the hardest part for all traders. Don't FOMO into a price pump. Wait until the price at least drops down to the 5% zone to think about buying. If it falls through the 5% zone look for a buy in the 10% drop zone. If it stops before the 10% zone wait until the price comes back up to the 5% zone to buy in.
Follow the same process if the price drops through the 10% 20% and so on zones.
I added the gain zones as possible sell zones for when you are in the trade on a breakout.
From my studies, Bitcoin and other assets likes to play in these zones and this has worked great for me with my trading.
conner09 ; Thank you for indicator. May you make some changes for me? I need indicator like you did. But After stock dropped % 30-40, that point %30 or 40 need to start %-10 ...is it possible?