OPEN-SOURCE SCRIPT
Actualizado

1MF Buy The Dip - Levels

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This indicator marks the highest point in a defined amount of time, then it draws a line on up to 4 discount levels defined; and add a label with the current discount from said high.

It helps while wondering how much is a stock discounted from the previous high reached before the drop, and to add alerts to buy once price breaks down specific levels.

DEFAULT VALUES
21 periods lookback for highs
10, 25, 50, & 70% discounts
Notas de prensa
ADDED:
- Option to hide the Current Discount Label
- Option to change color of the Current Discount Label - as it was black, so dark mode charts would make it tough to read.

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