OPEN-SOURCE SCRIPT
Joker 20
The 20% Range Strategy is a rule-based swing trading approach designed to capture price reversals and breakouts within a stock’s defined yearly range.
This strategy works best in range-bound or mildly trending markets and focuses on high-probability entries near extreme price zones.
🔍 Concept
The strategy uses the 52-week High and 52-week Low as reference points.
The total price range between these two levels is divided.
A 20% band from the top and bottom of the range is marked as key decision zones.
📉 Buy Setup (Lower 20% Zone)
When the stock price enters the lower 20% of its 52-week range, it indicates potential undervaluation or strong support.
Entry: Buy on the next candle after price touches or confirms support in the lower zone.
Logic: Risk is limited because price is already near long-term support.
This strategy works best in range-bound or mildly trending markets and focuses on high-probability entries near extreme price zones.
🔍 Concept
The strategy uses the 52-week High and 52-week Low as reference points.
The total price range between these two levels is divided.
A 20% band from the top and bottom of the range is marked as key decision zones.
📉 Buy Setup (Lower 20% Zone)
When the stock price enters the lower 20% of its 52-week range, it indicates potential undervaluation or strong support.
Entry: Buy on the next candle after price touches or confirms support in the lower zone.
Logic: Risk is limited because price is already near long-term support.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。