OPEN-SOURCE SCRIPT

Daily Close and 5/10 Robinhood Targets

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This script is super simple, just outputs a daily close line and also 5/10% targets higher and lower based on that price.

The reason I made this is somewhat simple which is what, ive noticed (havent statistically backtested) but many popular "robinhood stocks" when they run they tend to almost always tag 5 or 10% up or down.

The theory is something to do with the fact that robinhood alerts at those price levels, so when something like a BYND or RUN or TSLA or (pick a popular stock that runs) it tends to at least tap those levels. I rarely see it go up lets say, 4.33% and then turn around, typically it will at least wick if not pass 5% so using these might POSSIBLY be a level of alpha.

Use it for your own backtests though with something better.

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