OPEN-SOURCE SCRIPT
Joker 20
The 20% Range Strategy is a rule-based swing trading approach designed to capture price reversals and breakouts within a stock’s defined yearly range.
This strategy works best in range-bound or mildly trending markets and focuses on high-probability entries near extreme price zones.
🔍 Concept
The strategy uses the 52-week High and 52-week Low as reference points.
The total price range between these two levels is divided.
A 20% band from the top and bottom of the range is marked as key decision zones.
📉 Buy Setup (Lower 20% Zone)
When the stock price enters the lower 20% of its 52-week range, it indicates potential undervaluation or strong support.
Entry: Buy on the next candle after price touches or confirms support in the lower zone.
Logic: Risk is limited because price is already near long-term support.
This strategy works best in range-bound or mildly trending markets and focuses on high-probability entries near extreme price zones.
🔍 Concept
The strategy uses the 52-week High and 52-week Low as reference points.
The total price range between these two levels is divided.
A 20% band from the top and bottom of the range is marked as key decision zones.
📉 Buy Setup (Lower 20% Zone)
When the stock price enters the lower 20% of its 52-week range, it indicates potential undervaluation or strong support.
Entry: Buy on the next candle after price touches or confirms support in the lower zone.
Logic: Risk is limited because price is already near long-term support.
Skrip sumber terbuka
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.