Jigga - Survival Level

Hi All !!

Its always the case that we buy a stock and it starts falling !! What a new investor will do is to add few more on downfall and then few more until they stuck all their case to same falling stock.

I thought to create a level which can help long term investor on when to buy and sell.

Logic:
I have used multiple indicators logic all into one and find out when majority of them are showing positive sign.
Green /Red line will be shown when majority are in positive / negative territory.
Buy and sell signal will be generated based on this line only.

Note:
Use this on Weekly chart on good fundamental stock for long term investment.

Release Notes:

Updated script for early exit sign and protect downside. This may increase number of trades for range bound stocks.

Release Notes:

reenter in case fake stoploss hit. range bond will increase your trades so use another indicator to find trend.