OPEN-SOURCE SCRIPT
Three pillar rule + YTD line with color coding in the info box
The script objectively shows you whether a market should be "held" from an annual, trend and YTD point of view - or not.
The infobox summarizes all three core statements:
Component statement
Beginning of the year: Was the start of the year positive?
YTD: Is the market above last year's level?
SMA: Is the market above the long-term trend? Positive?
Representation in the info box
Arrows/symbols (configurable)
Green/Red
Freely positionable in the chart
Typical use in practice
1. As bias filter
"Am I acting more long or defensive today?"
2. For position trading
"Can I buy pullbacks or just sell them?"
3. For Investments/ETFs/Crypto
"Hold or reduce risk?"
The script is not a
❌ No entry signal
❌ No exit signal
❌ No short-term trading indicator
The script follows Andre Stagge's three-thumb rule
The infobox summarizes all three core statements:
Component statement
Beginning of the year: Was the start of the year positive?
YTD: Is the market above last year's level?
SMA: Is the market above the long-term trend? Positive?
Representation in the info box
Arrows/symbols (configurable)
Green/Red
Freely positionable in the chart
Typical use in practice
1. As bias filter
"Am I acting more long or defensive today?"
2. For position trading
"Can I buy pullbacks or just sell them?"
3. For Investments/ETFs/Crypto
"Hold or reduce risk?"
The script is not a
❌ No entry signal
❌ No exit signal
❌ No short-term trading indicator
The script follows Andre Stagge's three-thumb rule
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。