OPEN-SOURCE SCRIPT
MinMax, The big picture
See the boundaries of the price movement. The big picture.
The yellow boundaries are over 2 weeks.
The purple boundaries are over 2 months.
If a coin is below the lowest purple boundary than it means that it is sinking and it cannot be traded.
If a coin is below 50 weeks average (thick red line) than it is not ripe enough for trading also.
The yellow boundaries are over 2 weeks.
The purple boundaries are over 2 months.
If a coin is below the lowest purple boundary than it means that it is sinking and it cannot be traded.
If a coin is below 50 weeks average (thick red line) than it is not ripe enough for trading also.
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 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.