DP_52W_HIGH_LOW_INDICATOR by QuantAlphaIN

bandsandchannels chartpatterns candlestickanalysis

This indicator tracks the 52W High and Low of any script and provides a visual interpretation of the stock price movement.

It can be used as a quick tracking indicator for trading stocks / ETFs at their 52W Low.

A typical strategy will include buying such stocks at 52W Low and selling at 52W High.

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

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.

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