Percent Off All-time High tracks the percentage difference between the previous day’s closing price and the All-Time high price of the security’s entire price history.
This metric tells you how far the price has deviated from/converged on the all-time high price.
This indicator is an addon to any oscillating indicator. It shows divergences. It shows realtime divergences too. Realtime divergences are potential divergences because the actual pivot is not fully formed.
Regular Bullish Divergences
Hidden Bullish Divergences
Regular Bearish Divergences
Hidden Bearish Divergences
Reatime divergence lines...
––––History & Credit
I wanted to show our community the idea that stocks that make All Time High are likely to continue making ATHs for some time. It goes contrary to the idea "buy cheap sell high". Actually, in the real market leaders the stocks that make 100+% return are just getting started on returns to few THOUSAND percent. I have used code from QuantNovad...
This is a study intended to port the work of /u/QuantNomad's "Kozlod - All-time high/low alerts" to pine version 4 without giving any alerts. It is intended to capture the most extreme points on any given price chart in real time, the absolute high and absolute low points. Ideally, the plotted lines would strictly diverge from one another in opposite directions...
Provides functions calculating the all-time high/low of values.
Calculates the all-time high of a series.
val : Series to use (`high` is used if no argument is supplied).
Returns: The all-time high for the series.
Calculates the all-time low of a series.
val : Series to...
This one combines many commonly used indicators and signals into one.
1. EMA lines
2. SMA lines
3. Bolling Bands (EMA based)
4. Ichimoku cloud
5. 3/8, 10/20 EMA crosses
6. 5/10 SMA crosses
7. MACD crosses