ChillLax Percent Up and Down — Indicator by chilllaxtrader

sentiment

Show the days that the stock is up 5% (default) or down 5%, from the previous close.

Useful to spot a cluster of those days. It indicates violent, choppy environment. It's better to keep your boat docked in choppy waters. Eg: see QQQ in 2008, 2000.

Release Notes:

fixing typo in the code comments. writing comments is not my strong suit :)

Release Notes:

Updating the chart that is shown on the description page

Release Notes:

changing the short title

Release Notes:

Mark the point when a stock (any stock, index) that is up or down > 5% (default) from the previous close

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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