PROTECTED SOURCE SCRIPT
RS Forecast
This tool helps Growth Traders (CANSLIM, Mark Minervini style) answer the critical question: "What percentage does the price need to increase today for the Relative Strength (RS) Line to hit a New High?"
Instead of guessing by looking at the line, this indicator uses reverse engineering to provide the exact percentage distance to the RS breakout.
Key Features: A clean Dashboard overlay that tracks 3 key RS milestones:
+ RS 10 Days: For catching early momentum and Pocket Pivots.
+ RS 50 Days: The benchmark for medium-term strength (Minervini Trend Template).
+ RS New High (250 Days): Confirming Blue Sky breakouts and 52-week highs.
How it works:
Yellow: "Alert Zone" (Price is within 3% of breaking the RS High). Get ready!
Green (BREAK): RS Line has broken out. The stock is outperforming the market.
Gray: Lagging, requires more consolidation.
Settings:
Default benchmark: VNINDEX (Can be changed to SPX, Nasdaq, or any ticker).
Fully customizable table position, colors, and text size.
Instead of guessing by looking at the line, this indicator uses reverse engineering to provide the exact percentage distance to the RS breakout.
Key Features: A clean Dashboard overlay that tracks 3 key RS milestones:
+ RS 10 Days: For catching early momentum and Pocket Pivots.
+ RS 50 Days: The benchmark for medium-term strength (Minervini Trend Template).
+ RS New High (250 Days): Confirming Blue Sky breakouts and 52-week highs.
How it works:
Yellow: "Alert Zone" (Price is within 3% of breaking the RS High). Get ready!
Green (BREAK): RS Line has broken out. The stock is outperforming the market.
Gray: Lagging, requires more consolidation.
Settings:
Default benchmark: VNINDEX (Can be changed to SPX, Nasdaq, or any ticker).
Fully customizable table position, colors, and text size.
Script protégé
Ce script est publié en source fermée. Cependant, vous pouvez l'utiliser librement et sans aucune restriction – pour en savoir plus, cliquez ici.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script protégé
Ce script est publié en source fermée. Cependant, vous pouvez l'utiliser librement et sans aucune restriction – pour en savoir plus, cliquez ici.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.