TradiKator 07 Turnover Cycle MA (TCM (HSX) 07 by TK) is a visual indicator that underlying stock's character since its participants' collected forces cause the price movement. Here, we use turnover rate estimation to identify a possible trading level of a given underlying stock. I hope this indicator can help traders to estimate a true market average price in the essential trading behavior.
Here is an input option to enter shares float manually in the case that a user who has quite a limited time frame financial data.
Known issue: The share split will cause "Total float shares" inaccurate and therefore the result will be unreliable. We are trying to find a solution.
TradiKator is Traders' indicator. Please visit TraiKator for more free scripts. We also support the Chinese.
Happy new year! Wishing you a great and successful journey in the Chinese Zodiac Bull Year.
Release Notes
Bug fix for super active stock like GME whose turnover rate higher than 100% Thanks to Caramel Tea's feedback
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