OPEN-SOURCE SCRIPT
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Rise from All Time Low

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This very simple script lets you see how much the asset rose from the All Time Low (ATL).

First, the ATL is calculated and plotted. Then, we measure the distance from ATL and current bar close.

Two labels are plotted :
  • ATL label
  • Current close label with [%] rise and [x] rise


It can be useful for penny stocks trading when you want to buy lows but must see how much the price rose last bars to improve entries.

For example, SQBG is actually "only" at x 1.85 from ATL (not an advice in investment) :
syot kilat
syot kilat

If you have ideas to complete or improve this script, let me know in comments ;)
Nota Keluaran
  • Changed layout of ATL from 0 (value) to ATL : value
Nota Keluaran
  • Added the option "No background label"
Nota Keluaran
  • Add a box to tick if you get script error (too much bars back)

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.