Hi, so I was thinking about a chart analysis ranking system. This is my first attempt doing it, hope you guys like it.
The goal is to give you an outlook on how bullish I am on a particular stock. A stock can get up to 12 points (-12 very bearish, 12 extremely bullish).
The ranking system contains the following aspects:
Indicators:
RSI: (-2;+2)
MACD: (-2;2)
Chart patterns: (-1;1)
Higher low/highs-Lower l./h.: (-1;1)
Mid-long term trend: (-2;2)
Backtest, Breakouts: (0;1)
Earnings: (0;1)
Volatility low/high: (-1;1)
Risk/reward: (2;2)
The current outlook is: 4/12=33.33%
This number is still incorrect because approximately it should be around 55-60%.
So I have to improve it.
Let me guys know what you think about it, and please support this whole idea with a like!
The goal is to give you an outlook on how bullish I am on a particular stock. A stock can get up to 12 points (-12 very bearish, 12 extremely bullish).
The ranking system contains the following aspects:
Indicators:
RSI: (-2;+2)
MACD: (-2;2)
Chart patterns: (-1;1)
Higher low/highs-Lower l./h.: (-1;1)
Mid-long term trend: (-2;2)
Backtest, Breakouts: (0;1)
Earnings: (0;1)
Volatility low/high: (-1;1)
Risk/reward: (2;2)
The current outlook is: 4/12=33.33%
This number is still incorrect because approximately it should be around 55-60%.
So I have to improve it.
Let me guys know what you think about it, and please support this whole idea with a like!
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.