OPEN-SOURCE SCRIPT

Vietnamese Stock Market FTD (Follow Through Day) Alert

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A Pine Script implementing William O'Neil’s Follow Through Day (FTD) strategy for the Vietnamese stock market. It scans 7 predefined sector groups (Banks, Real Estate, Retail, etc.) to detect momentum breakouts.

Key Features :

  • Triggers an FTD signal when ≥X groups (default: 3) have ≥Y stocks (default: 2) rising above a Z% threshold (default: 5%) daily.
  • Highlights qualifying stocks by group in a dynamic label during alerts.
  • Visualizes strength via histograms and background shading.
  • Open-source under Mozilla Public License 2.0 .


Purpose : Identify institutional buying and potential market reversals.

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