The Adam Khoo Magic

Totally inspired by Adam Khoo's analogy

This is meant for the monthly bar:

Where you try to find the highest point of the average recession/correction time to the bottom:
average correction time to bottom: 4.2months
average bear market time to bottom: 13months (default)

Plot/Fill chart with the 4 tranches recommended:
-8%, -15%, -21% and -35% to gauge entry point

發行說明

Changed that hardcoded timeframe to follow the dynamic highlength

BarryShooshooga

開源腳本

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. 您可以收藏它以在圖表上使用。