OPEN-SOURCE SCRIPT

Vietnamese Stock Market FTD (Follow Through Day) Alert

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A Pine Script implementing William O'Neil’s Follow Through Day (FTD) strategy for the Vietnamese stock market. It scans 7 predefined sector groups (Banks, Real Estate, Retail, etc.) to detect momentum breakouts.

Key Features :

  • Triggers an FTD signal when ≥X groups (default: 3) have ≥Y stocks (default: 2) rising above a Z% threshold (default: 5%) daily.
  • Highlights qualifying stocks by group in a dynamic label during alerts.
  • Visualizes strength via histograms and background shading.
  • Open-source under Mozilla Public License 2.0 .


Purpose : Identify institutional buying and potential market reversals.

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.