It can be used to get the indication for 20% up movement among all continuously green candles formed in past. It is suitable for Indian company stock for short term trading plans.
Информация о релизе
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Considering Doji(only close=open) in series
Информация о релизе
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The corrected continuous uptrend of more than 20% without red candle
Hi, I think you did this after completing the course by Trading with Vivek. If so, please write to me, I have backtested his strategies as well, and work on it, I think we both can help each other a lot.
EquityCash
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Can you please help me to understand the strategy?
bhaving
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Hey Lovevanshi, this is a very useful indicator. Just one suggestion can you put some indication below the starting candle (or base candle) from where you are calculating the percentage change? or if you dont want to do that change then can you just give me that line of code to show up arrow in red below the starting candle (or base candle)? Thank you so much in advance. Sorry i am the newbie in pine script coding.
Lovevanshi
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@bhaving, 20% up is calculated from lowest price to highest price, among group of green candles.
SRIKANTHG
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you are super brother good job is it possible to plot horizontal lines at the low and high of the green candle if possible update the code which will be help full to everyone
ajay_007
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Hi Lovevanshi, I found one chart where the code is not working. Could you please check once? It will be a great help for me. CIPLA from 25 Feb 2022 continuous green candle with more than 20% upside.
Lovevanshi
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@ajay_007, Thanks for the suggestion, now updated, it will check upto three weeks. Let me know if there is any other chart where it is not working.
ajay_007
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@Lovevanshi, Thanks for the effort, Still the script not able to detect CIPLA. Please check
I think you did this after completing the course by Trading with Vivek. If so, please write to me, I have backtested his strategies as well, and work on it, I think we both can help each other a lot.