Pops Dividend 7-Day Radar

How traders use it as a strategy anyway 🧠

In real life, this becomes a manual or semi-systematic strategy:

Strategy logic (human-driven):

Scan for highest yield stocks

Filter for ex-date within 7 days

Apply technical rules (trend, EMAs, support)

Enter before ex-date

Exit:

Before ex-date (momentum run-up)

On ex-date

Or after dividend (reversion play)

Indicator’s role:

“Tell me when a stock qualifies so I can decide how to trade it.”

That’s exactly what this tool does.

How we could turn this into a strategy-style framework

Even though Pine won’t let us backtest dividends properly, we can:

Build a rules-based checklist (entry/exit rules)

Create alerts that behave like strategy triggers

Combine with:

EMA trend filters

Volume conditions

ATR-based exits

Label it as:

“Pops Dividend Capture Playbook” (manual execution)

This keeps it honest, legal, and reliable.

Bottom line

🧩 Indicator = what we built

📘 Strategy = how you trade it using the indicator

⚠️ TradingView limitations prevent a true dividend strategy backtest