OPEN-SOURCE SCRIPT
200WMA Screener
Description:
This custom indicator helps identify stocks trading below their 200-week moving average (200WMA), a key technical indicator often used to analyze long-term trends. The script calculates the 200WMA using weekly close prices and provides the following features:
Visual Plot: Displays the 200WMA as a smooth line on the chart for easy trend analysis.
Background Highlight: Automatically highlights the chart background when the current price is below the 200WMA, signaling a potential bearish trend or undervalued stock.
Alert System: Includes an alert condition to notify you when a stock trades below its 200WMA, so you never miss an opportunity.
Compatibility: Works across all assets (stocks, forex, crypto) and automatically adapts to the selected ticker.
This script is ideal for traders and investors looking for long-term opportunities, identifying potential trend reversals, or spotting undervalued stocks.
This custom indicator helps identify stocks trading below their 200-week moving average (200WMA), a key technical indicator often used to analyze long-term trends. The script calculates the 200WMA using weekly close prices and provides the following features:
Visual Plot: Displays the 200WMA as a smooth line on the chart for easy trend analysis.
Background Highlight: Automatically highlights the chart background when the current price is below the 200WMA, signaling a potential bearish trend or undervalued stock.
Alert System: Includes an alert condition to notify you when a stock trades below its 200WMA, so you never miss an opportunity.
Compatibility: Works across all assets (stocks, forex, crypto) and automatically adapts to the selected ticker.
This script is ideal for traders and investors looking for long-term opportunities, identifying potential trend reversals, or spotting undervalued stocks.
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.