100% Daily Gain Levels

3 thg 10, 2023

This script takes the previous days closing value and calculates the current 100%, 200%, 300% and 400% levels for that stock.

Using that information it draws a dotted persistent line (with labels on the far right) at those levels. This information can be useful as it can then, at times, act as a support/resistance for momentum stocks. So when a stock runs 100% and holds that level, historically, that stock has a good chance to continue rising. Same when hitting additional "100%" ranges.

The user has the option to deselect the labels and/or lines.

If people find this useful then I can work on adding options that allow users more freedom to adjust how the lines are displayed as well as some enhancements to the display.

27 thg 12, 2023

Phát hành các Ghi chú

Made a minor update to reach up to 1000% and slightly adjusted the different 100% levels.

3 thg 3

Phát hành các Ghi chú

Added an additional yellow dotted line at the 125% level mark as this level can help indicate continuation or add a support area.