100% Daily Gain Levels

٣ أكتوبر ٢٠٢٣

This script takes the previous days closing value and calculates the current 100%, 200%, 300% and 400% levels for that stock.

Using that information it draws a dotted persistent line (with labels on the far right) at those levels. This information can be useful as it can then, at times, act as a support/resistance for momentum stocks. So when a stock runs 100% and holds that level, historically, that stock has a good chance to continue rising. Same when hitting additional "100%" ranges.

The user has the option to deselect the labels and/or lines.

If people find this useful then I can work on adding options that allow users more freedom to adjust how the lines are displayed as well as some enhancements to the display.

٢٧ ديسمبر ٢٠٢٣

ملاحظات الأخبار

Made a minor update to reach up to 1000% and slightly adjusted the different 100% levels.

٣ مارس ٢٠٢٤

ملاحظات الأخبار

Added an additional yellow dotted line at the 125% level mark as this level can help indicate continuation or add a support area.

٢٥ ديسمبر ٢٠٢٤

ملاحظات الأخبار

12/24/24: Updated the script so you can now set an alert at any of the 100% (and 125%) levels are crossed. I also added a selectable option that takes the stock and looks back 2 months to see if it has ran 100% any individual day during that time period. If it has it will put a yellow + symbol over the day(s) to indicate 100%+ run. This helps make it quick to see if the stock that is running on momentum is a recent runner or new. This update is based on the 4hr candle close so if a stock runs over 100% you won't see the yellow + appear until after that runs 4hr candle close.