1 year ROI BUY ZONE — Indicator by Vreckovka

This indicator is comparing price with price 1 year ago. This will generate ROI which could be positive or negative.
If ROI switches from negative to positive or vice versa it will generate zone
This zone could have minimum days to filter false signals
Buy signal could be added when ROI reaches some value ( -65% for example)

Release Notes:

Repaired comparision

Release Notes:

- update color
- added input options

Release Notes:

fixed daily multiframe

Release Notes:

- final touch

Release Notes:

refactoring

Release Notes:

- chart update

Release Notes:

chart update

Release Notes:

fixed all timeframes

Release Notes:

-update chart

Release Notes:

few more changes

Release Notes:

chart update

Release Notes:

chart update

Release Notes:

few changes

Release Notes:

update

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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