OPEN-SOURCE SCRIPT
Dip Buyer

This was created for a friend and only has SPY in mind.
This indicator gives signals based on the previous All-Time High
Default values are
All values are configurable
This indicator gives signals based on the previous All-Time High
Default values are
- Watch Signal: 4% from ATH
- Buy Signal: 5% from ATH
- Stop Loss: 13% from ATH
All values are configurable
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.