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# ------------------------------------
# Labels for @menacetrader
# Created by TraderSam
# Created 09/27/25
# ------------------------------------
# === DEFS ===
def dailyRange = high - low;
def adrPercent = dailyRange / close * 100;
def adr5 = Average(adrPercent, 5);
def adr20 = Average(adrPercent, 20);
def averageprice5 = average(close, 5);
def averageprice20 = average(close, 20);
def lod = low;
def distance = close - lod;
def percentFromLOD = (close - lod) / lod * 100;
# === Labels ===
addlabel(yes, "ADR 5D Avg: " + astext(round(adr5, 2)) + "%" + " | " + "Today: " + astext(round(adrpercent, 2)) + "%" + " ", Color.gray);
addlabel(yes, " 20D $Avg " + averageprice20 + " ", color.cyan);
addlabel(yes, " 5D $Avg " + averageprice5 + " ", color.yellow);
AddLabel(yes, "% From LOD: " + AsText(Round(percentFromLOD, 2)) + "%" + " ", Color.RED);
addlabel(yes, "ADR 20D Avg: " + astext(round(adr20, 2)) + "%" + " | " + "Today: " + astext(round(adrpercent, 2)) + "%" + " ", Color.gray);
Hi,
I am a swing trader for 5years and using some indicators such as SMA, RSI, MACD and Volume. There is a guy advertising his daily strategy and selling his lesson for more than $1,000 with winning rate 90-100%. I doubt about it. Are there anyone knowing these indicators ? Thanks a lot. Happy holidays.
@Alkkkz, north of $100K per trading day is certainly doable if you have a deep pocket to speculate, proper risk management, and the mindset to really use leverage. It seems that the focus of the trader you have mentioned is market momentum. There are a number of excellent scripts here on this platform that covers market momentum. It is a matter of trying things out to see what really fits into your particular trading system. Wishing you all the best with your trading journey.Hello Traders,
I came across this interview on youtube. He is a 36 year veteran Trader Stephen Kalayjian. He claims he makes north of 100k per day based on a signal he gets from his indicators. What type of indicator gives that return? is this moving average, oscillators. Any guesses?
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