OPEN-SOURCE SCRIPT
Telah dikemas kini RS Stage Analysis
This script trying to detect different lifecycle of stock / Stages.
There is mainly 4 stages of stocks.
1) stage 1 - Accumulation = color = aqua
2) stage 2 - Advancing = color = green
3) stage 3 - Distribution = color = yellow
4) stage 4 - Declining = color = red
At some point the condition i wrote wont detect any stage.
There is mainly 4 stages of stocks.
1) stage 1 - Accumulation = color = aqua
2) stage 2 - Advancing = color = green
3) stage 3 - Distribution = color = yellow
4) stage 4 - Declining = color = red
At some point the condition i wrote wont detect any stage.
Nota Keluaran
Implemented Auto Draw Support & Resistance line using below logicThis is upgraded logic
This is how you can marking the chart.
Stage 1
➡️First day of stage 1 high.
only confirm if after stage 1 there is again stage 4 or no stage for at least 2 days.
OR
Stage 1 stays for 5 time frame (including no stage)
Stage 3
➡️First day of stage 3 low.
only confirm if stage 3 stay more than 1 days. and before it stage 2.
Nota Keluaran
ImprovementsNota Keluaran
Added no of look back periods to use for auto draw support & resistance. this will help full to load script much faster and also not generating too much lines on the chart.
Nota Keluaran
Removed complex condition to generate the stage 1 resistance line.1) Added rs84 and rs72 to decide stage 1
2) Now using last 7 days high as resistance to avoid fluctuation for both stage 1 and stage 3 resistance.
3) changed from low to high for stage 3 resistance.
4) now only using one simple code to generate the stage 1 resistance line.
-> minimum 1 day in stage 1 and stage 0 in last 5 days or stage 1 in 2 days in last 5 days
Nota Keluaran
Added one more condition for stage 3 resistanceNota Keluaran
Added Days gap between 2 same stage lines input, to avoid multiple lines draw very close to each other.
Nota Keluaran
improvements in stage 1 line draw codeNota Keluaran
bug fix in lookback codeNota Keluaran
Added one more condition to generate stage 1 dataNota Keluaran
Added Stage 2 Resistance LineNota Keluaran
Added Stage 1 Proper Resistance Lines optionif someone who are not sure about the Stage 1 resistance line now they can disable that option and only enable the Stage 1 Proper Resistance Lines option.
Nota Keluaran
improvements in stage 1 proper resistance line code.Nota Keluaran
Improvements in proper stage 1 resistance line.Nota Keluaran
-> Changed stage 2 color opacity when rs above ema147 and ema168 to easily identified proper stage 2 uptrend.-> Hide stage 1 resistance line default to generate less lines.
-> Added stage 2 proper resistance line when rs above ema147 and ema168
now one should only enter a trade if green background color opacity is less.
Nota Keluaran
-> Hide default stage 1 proper resistance line.-> Changed condition to generate proper stage 2 resistance line.
Nota Keluaran
Changed resistance lines high from 7 days high to 15 days high.Nota Keluaran
Changed default comparison symbol from NIFTY50 TO CNX500Nota Keluaran
Bug fix in stage 2 proper resistance line code.Nota Keluaran
Upgraded stage 3 resistance line code.Nota Keluaran
Changed ema length from 126 to 189now checking close / open above all three ema, vwma, vwma-high
some code clean.
Nota Keluaran
Changed 189 ema/vwma to sma 200, 150, 100Nota Keluaran
Updated condition for stage 2Nota Keluaran
Updated stage 2 conditionNota Keluaran
changed default settings.Nota Keluaran
bug fix in stage 1Nota Keluaran
bug fix in stage 1Nota Keluaran
Added chart timeframe using timeframe.period instead daily timeframe for comparison index / stock.Nota Keluaran
Updated stage 2.1 and stage 2 detection conditionSkrip sumber terbuka
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Skrip sumber terbuka
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.