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
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.