Price Target Pullback Correction or Bear

2022年1月22日

Price Target percent drop is an indicator that allows you to set default percentage down from the 52 week high.

A pullback, correction, bear and a bear market is marked as a 5%, 10%, 20% or 40% drop from the 52 week highest price, so this will show the target price to buy at if these thresholds are hit.

You can change the default values of 5%, 10%, 20% and 40% to any percentage and the price will reflect the change of the default value. Furthermore, the default to use 52 weeks can be changed to find the highest price from the last 26 weeks or 104 weeks.

2022年1月22日

版本注释

Added option to choose how many bars to use to find highest price

2022年1月25日

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Added 4 more price targets
Last 5 price targets can be removed by setting percentage to 0

1月1日

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Converted the script to version 6 from 5

1月3日

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Updated script to make use of methods and functions

6天前

版本注释

Updates made:
- removed the prices at the end of the line. Price is shown on the top left
- Added how many percent the stock is down from the 52-week high, the 52-week high can be modified by the user.
- Changed the bars' colors to make them easier to see.