PROTECTED SOURCE SCRIPT
Investment Bottom Indicator
Want to know when the market has reached near bottom in selloff or bearish trend?
You now have a perfect indicator for that - "Investment Bottom Indicator"
How to use?
Chart Setup-
Step 1- Add your index symbol
Step 2- Change the time frame to weekly (candle sticks)
Step 3- Add William %R - settings: Period- 52, Close
Step 4- Add this indicator - Investment Bottom Indicator
Analysis-
When the William %R value is below -80 & Investment Bottom Indicator value is above 80 : this indicates that the market is near its bottom and if you have not yet started investing yet, this is the right time before the market flies off (in very few weeks/months) & you miss the bus!
You now have a perfect indicator for that - "Investment Bottom Indicator"
How to use?
Chart Setup-
Step 1- Add your index symbol
Step 2- Change the time frame to weekly (candle sticks)
Step 3- Add William %R - settings: Period- 52, Close
Step 4- Add this indicator - Investment Bottom Indicator
Analysis-
When the William %R value is below -80 & Investment Bottom Indicator value is above 80 : this indicates that the market is near its bottom and if you have not yet started investing yet, this is the right time before the market flies off (in very few weeks/months) & you miss the bus!
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.