Custom Percent Pullback Level

אתמול

This script takes a stock's current day low and current day high and lets you set a custom pullback level that you can then set an alert for or use as an indicator if the stock is still bullish or bearish.

This can be useful for momentum runners as you may want to see only a set % (default is 50%) pullback in order to have a good chance for continuation. With the alert option you can set the percentage pullback you'd like to see in order to get eyes back on the stock