Blinders: I’m looking for a supplementary tool to help research my options and stock trades. I just need a simple tool as an add to my basic stock and options trading. Any recommendations? As an example, I want to invest in ARKG, GBTC, CSPR and Baidu - I would like to see the top 5-10 dips these stocks have had in the past year - easily on a chart (where it’s easy to see the dip prices and/or export the data). Also, I’d love to have a long watchlist that’s easily sorted by any variable but keeps the original order (like CNBC which I use now). It’s pretty simple - I’m finding most things too complicated. I will pay for the right tool. Thank you - Also I’m on BAC/ML, but I’m looking to switch to TD Ameritrade.
Just add “Profit Machine - Trailing stop loss” indicator to your tradingview account and play around with its multipler setting. Here’s how ARKG looks like with ATR multiplier of 2.
Technical Analysis and Tradingview noob here. Does Tradingview literally flash 'sell' and 'buy' points in real time or this is just for the past data?
Once you add this specific indicator (someone made this and published it on Tradeview) it will flash buy and sell in real time. However, sometimes the sell and buy are triggered at weird prices. But if you blindly follow all, there will be some trades that are loss and some that are profit but profits will overshadow losses. If you pay close attention then you might see some sells are at lower price than the next buys. These signals vary depending on timeframe of the chart 5min vs 4 hour vs 1 day, etc as well as the atr multiplier that you can adjust meaning how frequently you’d like to see these signals.
Thank you for the tips!!!
I like seeking alpha