This indicator draws lines and corresponding labels any time a monthly all-time high (ATH) for a stock/ETF has not been penetrated for three months and has also doubled in price within the year prior to that ATH. In other words, the chart will find a high that has not been surpassed for at least three months, then look back over the past year to find the lowest...
NOTE: This is public use - open source version of GLB published by me in Sep 2020. As Trading View is not allow unprotect script already shared, I am sharing it for anyone to use the script and make a copy. ======== This is an implementation of Green Line Breakout ( GLB ) which is popularized by Eric Wish through his Wishing Wealth Blog. GLB indicator looks at a...
This is an implementation of Green Line Breakout (GLB) which is popularized by Eric Wish through his Wishing Wealth Blog. GLB indicator looks at a monthly chart for a stock that hit a new all time high recently and draw a green horizontal line at the highest price reached at any month, that has not been surpassed for at least 3 months. In other words, this...