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Cập nhật Day 3 Play
Day 3 Play — Indicator Summary
The Day 3 Play indicator is designed to identify outsized moves on Day 1 with a consolidation on Day 2 and are primed for a breakout on Day 3.
Day-1: A stock makes an outsized move (configurable, default = ±3% from prior close) on above-average relative volume (default = ≥3× 30-day average).
Day-2: The stock consolidates inside the Day-1 range (an inside bar).
Day-3: Price is primed for a breakout beyond the Day-2 high (bullish) or Day-2 low (bearish).
How It Works in the Pine Screener
The script computes Day-1 moves, Day-2 ranges, and checks volume requirements in the daily timeframe.
In the Screener, add a watchlist that includes your custom list of stocks. Then, add the custom Day 3 Play indicator. Select the time frame and the parameters from the indicator.
Screener columns (hidden by default) report whether a setup is found, whether it’s bullish or bearish, and the precise trigger/offset levels.
Alerts and Offsets
Alerts are available for:
Breakout at the Day-2 high/low (the trigger).
Approaching within an offset (configurable, default = 0.25%) from the Day-2 high or low.
This lets you catch moves as they’re forming intraday, even in extended hours, and not just after the breakout occurs.
Customization
Thresholds: Adjust the Day-1 % move (default 3%) and minimum relative volume (default 3×).
Alert Offset: Change the proximity level (default 0.25%) where alerts should fire before the breakout.
Visibility: Toggle chart lines (levels and offsets) and a debug panel separately.
Lookback: Control how many past days are scanned for the most recent valid setup.
On-Chart Levels
Day-2 High/Low: Shown as reference levels.
Bull/Bear Level: The breakout level (Day-2 high or low depending on setup).
Alert Offset Lines: Offset from the breakout level by your chosen % for early alerts.
Key Calculations
Relative Volume (RVOL): Day-1 volume ÷ 30-day average (excluding the day itself).
Inside Bar: Day-2 high ≤ Day-1 high and Day-2 low ≥ Day-1 low.
Breakout Levels:
Bullish = Day-2 High (with offset below).
Bearish = Day-2 Low (with offset above).
The Day 3 Play indicator is designed to identify outsized moves on Day 1 with a consolidation on Day 2 and are primed for a breakout on Day 3.
Day-1: A stock makes an outsized move (configurable, default = ±3% from prior close) on above-average relative volume (default = ≥3× 30-day average).
Day-2: The stock consolidates inside the Day-1 range (an inside bar).
Day-3: Price is primed for a breakout beyond the Day-2 high (bullish) or Day-2 low (bearish).
How It Works in the Pine Screener
The script computes Day-1 moves, Day-2 ranges, and checks volume requirements in the daily timeframe.
In the Screener, add a watchlist that includes your custom list of stocks. Then, add the custom Day 3 Play indicator. Select the time frame and the parameters from the indicator.
Screener columns (hidden by default) report whether a setup is found, whether it’s bullish or bearish, and the precise trigger/offset levels.
Alerts and Offsets
Alerts are available for:
Breakout at the Day-2 high/low (the trigger).
Approaching within an offset (configurable, default = 0.25%) from the Day-2 high or low.
This lets you catch moves as they’re forming intraday, even in extended hours, and not just after the breakout occurs.
Customization
Thresholds: Adjust the Day-1 % move (default 3%) and minimum relative volume (default 3×).
Alert Offset: Change the proximity level (default 0.25%) where alerts should fire before the breakout.
Visibility: Toggle chart lines (levels and offsets) and a debug panel separately.
Lookback: Control how many past days are scanned for the most recent valid setup.
On-Chart Levels
Day-2 High/Low: Shown as reference levels.
Bull/Bear Level: The breakout level (Day-2 high or low depending on setup).
Alert Offset Lines: Offset from the breakout level by your chosen % for early alerts.
Key Calculations
Relative Volume (RVOL): Day-1 volume ÷ 30-day average (excluding the day itself).
Inside Bar: Day-2 high ≤ Day-1 high and Day-2 low ≥ Day-1 low.
Breakout Levels:
Bullish = Day-2 High (with offset below).
Bearish = Day-2 Low (with offset above).
Phát hành các Ghi chú
Updates to alerts, and day 2 levels. Mã được bảo vệ
Tập lệnh này được đăng dưới dạng mã nguồn đóng. Tuy nhiên, bạn có thể tự do sử dụng tập lệnh mà không có bất kỳ hạn chế nào – tìm hiểu thêm tại đây.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Mã được bảo vệ
Tập lệnh này được đăng dưới dạng mã nguồn đóng. Tuy nhiên, bạn có thể tự do sử dụng tập lệnh mà không có bất kỳ hạn chế nào – tìm hiểu thêm tại đây.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.