OPEN-SOURCE SCRIPT

GMH : ATH 200d

Updated
All-Time High Strategy for Tech Stock
In a bull market where valuation is completely neglected. For risk protect we choose a trade set up with stock that is going its break all time high.

Given All-Time High days as input parameter for strategy.
And stoploss by ema crossunder.

Should give decent profit factor for bull run.
Release Notes

All-Time High Strategy for Tech Stock
In a bull market where valuation is completely neglected. For risk protect we choose a trade set up with stock that is going its break all time high.

Given All-Time High days as input parameter for strategy.
And stoploss / take profit option are available
- stoploss by percent%
- take profit when reach target 1 , target 2 , target 3
- close position when cross under SMA ( regardless profit / loss )

Should give decent profit factor for bull run.
Release Notes
1) Calculates money position :
-Indicate more precise of trading performance over the long term
-Number of shares to buy is corresponding to remaining money / share prices
*** I recommend to open "Strategy Test -> Overview" to see result of this strategy

2) Back Test Period Custom :
- You can customize which period you want to test this strategy
Release Notes
bug Fix
Trend Analysis

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 publication is governed by House rules. You can favorite it to use it on a chart.

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