OPEN-SOURCE SCRIPT
Green Line Breakout (GLB) - Public Use
NOTE: This is public use - open source version of GLB published by me in Sep 2020. As Trading View is not allow unprotect script already shared, I am sharing it for anyone to use the script and make a copy.
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This is an implementation of Green Line Breakout ( GLB ) which is popularized by Eric Wish through his Wishing Wealth Blog.
GLB indicator looks at a monthly chart for a stock that hit a new all time high recently and draw a green horizontal line at the highest price reached at any month, that has not been surpassed for at least 3 months.
In other words, this method finds stock that reached an all-time high and has then rested for at least three months. When a stock moves through the green line or is above its last green line, it is an indication of strong buying interest.
Read more about how to use the indicator in Wishing Wealth Blog.
Usage Explanation:
1. Set the time frame to Monthly for a stock and automatically a green dashed line appears based on the calculation explained above
2. If no GLB found for a stock, then green line appears at 0.0
2. If you set any other time frame other than Monthly, no Green Dashed line shown
========
This is an implementation of Green Line Breakout ( GLB ) which is popularized by Eric Wish through his Wishing Wealth Blog.
GLB indicator looks at a monthly chart for a stock that hit a new all time high recently and draw a green horizontal line at the highest price reached at any month, that has not been surpassed for at least 3 months.
In other words, this method finds stock that reached an all-time high and has then rested for at least three months. When a stock moves through the green line or is above its last green line, it is an indication of strong buying interest.
Read more about how to use the indicator in Wishing Wealth Blog.
Usage Explanation:
1. Set the time frame to Monthly for a stock and automatically a green dashed line appears based on the calculation explained above
2. If no GLB found for a stock, then green line appears at 0.0
2. If you set any other time frame other than Monthly, no Green Dashed line shown
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。