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Add Indi-BTFD indicator, credit to @kerberos007

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moshferatu 2023-10-26 11:34:20 -07:00
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// Credit to @kerberos007.
//@version=5
indicator("Indi-BTFD")
pct_stocks_above_20_day_average = request.security("S5TW", "D", close)
plot(ta.ema(100 - pct_stocks_above_20_day_average, 12), color = color.red)
hline(50, title="Oversold", color=color.olive, linestyle=hline.style_solid)
hline(70, title="Fear", color=color.green, linestyle=hline.style_solid)
hline(90, title="Capitulation", color=color.lime, linestyle=hline.style_solid)