OPEN-SOURCE SCRIPT

VFV Correction Levels


This Pine Script, "VFV Correction Levels," identifies significant daily price corrections and calculates corresponding investments based on fixed thresholds (paliers). Key features include:

Six predefined correction levels trigger investments between $150 and $600 based on the percentage drop.
Larger corrections correspond to higher investment amounts.
Graphical Indicators:

Visual labels mark correction levels and display investment amounts directly on the chart.
Investment Tracking:

Calculates total invested and tracks performance (yield percentage) relative to the initial correction price.

Penafian