jigneshjc

Jigga - Survival Level

Hi All !!

Its always the case that we buy a stock and it starts falling !! What a new investor will do is to add few more on downfall and then few more until they stuck all their case to same falling stock.

I thought to create a level which can help long term investor on when to buy and sell.

Logic:
I have used multiple indicators logic all into one and find out when majority of them are showing positive sign.
Green /Red line will be shown when majority are in positive / negative territory.
Buy and sell signal will be generated based on this line only.

Note:
Use this on Weekly chart on good fundamental stock for long term investment.
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.

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