Stage Analysis - Short Term — Indicator by EquityCraze

trendanalysis pricevolumetrend stage2 stageanalysis shortterm

Improved stage analysis by adding short term trend

Within the base of stage 2 stocks, price tends to consolidate on a swings where short term moving averages cross each other,
wait for price to be consolidating with in the base around the short term moving averages where the distance between two moving averages would be shrinking as well + volume dryness.

To capture pull backs with the short term moving averages within the base
To make the chart analysis clear, short term averages are hidden in the chart apart from Daily time period

Release Notes:

Updated indicator title

Release Notes:

Updating the short title and added chart symbol details

Release Notes:

updated the ema titles

Protected script

This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?