NeoButane

Earnings Support and Resistance Levels [NeoButane]

NeoButane Premium Diupdate   
Inspired by @LazyBear's/@timwest's script:
Usage: support and resistance levels based on averaging price around earnings and quarterly opens.


What it is plotting:
1. A horizontal level whenever earnings occur. If actual earnings is higher than estimated, the line turns green, else red.
2. A horizontal level every quarterly open, colored black.
3. An average between the two mentioned above, colored orange.
4. 5% moves away from 3M open and earnings
5. Misc: 5% move away from that 5% move away, then 10% move away from the 2nd 5% move away.

By default, 4 and 5 are off to reduce visual noise.


Idea: Traders panic around certain dates that always happen, and traders always panic in the wrong direction. The market is composed of traders trading in the wrong direction at the same time, all the time. That means price will bounce back and forth as the gambling dens colloquially known as 'forex brokerages' or 'stock exchanges' take your money in the form of fees, time, and liquidations. So I put two lines on the chart and put one right in between, because it always goes back. I hope you can find it useful!

Note: This was a part of the old fundamental data indicators and is not officially for use, so while it should work on most U.S. stocks and a couple of other exchanges, it is not perfect.
Catatan Rilis: @scarf (https://www.tradingview.com/u/scarf) updated the tickers as they were renamed internally and no longer working + did a v4 revision. Thanks!

My published indicators: https://www.tradingview.com/u/NeoButane/#published-scripts

Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Skrip open-source

Dalam semangat TradingView, penulis dari skrip ini telah mempublikasikannya ke sumber-terbuka, maka trader dapat mengerti dan memverifikasinya. Semangat untuk penulis! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart

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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.

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