[LV] Tight_Bar
The price ranges is being calculated by ATR-Based Dynamic Threshold.
And you can manually select how many bars to include to the tightness check.
It will automatically draw tight lines according to your choices.
In addition moving averages being added to the indicator where you can modify based on your own preferences.
William O'Neil is also pointing out the importance of fundamental status of stocks. Therefore, following "Quality Check" fundamentals is being added to the table.
PIOTROSKI_F_SCORE
ALTMAN_Z_SCORE
RETURN_ON_INVESTED_CAPITAL
RETURN_ON_EQUITY
OPERATING_MARGIN
EARNINGS_PER_SHARE_BASIC_ONE_YEAR_GROWTH
REVENUE_ONE_YEAR_GROWTH"
You will be able to see stock's momentum as well on the table. The following items is being added to "Momentum Check" table.
- A low volume within the base, leading to potentially massive gains on a volume-driven breakout is important: A status of volume increase comparing previous weeks' average.
- Directional movement index
- Market trend check (e.g. SPX)
- Liquidity check of stock
- Relative volume
- ADR%
- ATR%
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact LeventV directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact LeventV directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.