OPEN-SOURCE SCRIPT
Berg M
Main Features
Moving Averages
The script displays important moving averages to help identify the stock’s trend, trend alignment, and potential areas of support or resistance.
Relative Strength
Relative strength helps compare the stock’s performance against the broader market, allowing traders to identify names that are outperforming or underperforming.
Volume Analysis
The volume component helps highlight unusual activity and confirms whether a price move is supported by strong institutional participation or increased market interest.
How I Use It
This script is mainly intended for stock traders looking for momentum setups, especially when a stock is:
Trending above key moving averages
Showing relative strength versus the market
Breaking out or moving with increased volume
Building constructive bases or continuation patterns
The goal is not to predict price movements, but to make it easier to quickly evaluate whether a stock has the technical characteristics of a strong momentum candidate.
Best Used For
Stocks
Swing trading
Momentum trading
Breakout setups
Trend-following analysis
Market leadership identification
Moving Averages
The script displays important moving averages to help identify the stock’s trend, trend alignment, and potential areas of support or resistance.
Relative Strength
Relative strength helps compare the stock’s performance against the broader market, allowing traders to identify names that are outperforming or underperforming.
Volume Analysis
The volume component helps highlight unusual activity and confirms whether a price move is supported by strong institutional participation or increased market interest.
How I Use It
This script is mainly intended for stock traders looking for momentum setups, especially when a stock is:
Trending above key moving averages
Showing relative strength versus the market
Breaking out or moving with increased volume
Building constructive bases or continuation patterns
The goal is not to predict price movements, but to make it easier to quickly evaluate whether a stock has the technical characteristics of a strong momentum candidate.
Best Used For
Stocks
Swing trading
Momentum trading
Breakout setups
Trend-following analysis
Market leadership identification
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.