TintinTrading

[TTI] All-time-high (ATH), (ATL), 52 week high and low Dots

––––History & Credit
I wanted to show our community the idea that stocks that make All Time High are likely to continue making ATHs for some time. It goes contrary to the idea "buy cheap sell high". Actually, in the real market leaders the stocks that make 100+% return are just getting started on returns to few THOUSAND percent. I have used code from QuantNovad scrip in this one too. So thanks to him as well, since it speeded writing it from scratch!

–––––What it does
The script paints dots and shows stats.
The dots are 4 types:
🟢 = Every time a new ATH is achieved, a green dot paints above the bar
🟣 = Every time a new 52week High is achieved, a purple dot paints above the bar
🟡 = Every time a new ATL is achieved, a yellow dot paints below the bar
🟠 = Every time a new 52week Low is achieved, a orange dot paints below the bar

Stats =
Show in a box in the bottom right corner of the screen. How many times has this stock achieved:
👉 ATHs
👉 52WK High
👉 ATLs
👉 52WK LOW

–––––How to use it
This is really an illustrative script to get the idea of the methodology "buy high sell higher', that we teach as momentum traders.
Some notable examples to check are:
HOOD
MSFT
TSLA
AAPL
See the stock dynamics and understand that bottom fishing doesn't result in stocks making massive moves.
發布通知: -> The script now plots the 52WK high independently from the timeframe you use. So you can plot the indicator on lower timeframes.

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開源腳本

本著真正的TradingView精神,該腳本的作者將其開源發布,以便交易者可以理解和驗證它。為作者喝彩吧!您可以免費使用它,但在出版物中重複使用此代碼受網站規則的約束。 您可以收藏它以在圖表上使用。

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