TradiKator 07 Turnover Cycle MA — Indicator by TradiKator

simplemovingaverage turnover turnoverrate

TradiKator 07 Turnover Cycle MA (TCM (HSX) 07 by TK) is a visual indicator that underlying stock's character since its participants' collected forces cause the price movement.
Here, we use turnover rate estimation to identify a possible trading level of a given underlying stock.
I hope this indicator can help traders to estimate a true market average price in the essential trading behavior.

Here is an input option to enter shares float manually in the case that a user who has quite a limited time frame financial data.

Known issue:
The share split will cause "Total float shares" inaccurate and therefore the result will be unreliable.
We are trying to find a solution.

TradiKator is Traders' indicator.
Please visit TraiKator for more free scripts.
We also support the Chinese.

Happy new year!
Wishing you a great and successful journey in the Chinese Zodiac Bull Year.

Release Notes:

Bug fix for super active stock like GME whose turnover rate higher than 100%
Thanks to Caramel Tea's feedback

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