Why look at weekly charts?
We look at weekly charts because it reduces volatility when scanning for stocks. This is especially important during bear markets when the stocks are more volatile.
What do we want to see?
Base depth no more than 30%
Close on the weekly bars near the highs
Closes are tight (about 1-1.5% of each other)
Peak closes on...
TradingView is an great platform. I am especially a fan of PineScript, the programming language that allows you to build custom indicators. But while TradingView's current features are great, I think this is something very important that is missing. Something that, were the developers of TradingView to implement it, would change it from a great platform to an...