This TradingView script is designed to emulate Phil's charts by coloring by trend rather than price action. This makes it easy to see when a security is in an uptrend or downtrend.
Open the script
Scroll down and click this button
Switch back to your chart and refresh (CTRL/CMD-F5). Click to add an indicator.
Choose the script
Configured by default with the settings used by Mo, but can be changed if you want!
Bars change from red to green when the red crosses over yellow. By default colors using the weekly stochastic, but this is configurable (e.g. to daily for swing/day trading)
Disabled by default, the background can be configured to change to purple on high volume or yellow for earnings days.
When viewing the daily chart, the four moving averages that Mo uses appear.
Purple = 25 day
Yellow = 50 day
Teal = 100 day
White = 200 day
Highlights when a stock doesn't meet our criteria for trading. Currently detects:
Penny Stocks (under $10 in the last 52 weeks)
Poor volume (under 750k per day over a 20 day average)
New Stocks (less than a year's data)
Disabled by default, bars can change appearance when the stochastic is in the sweetspot.
Disabled by default, the 52 week highs and lows can be shown on the chart as dotted white lines
The script tries to identify potential entry points with a label. 💸 is an entry point for a long position, 🩳 is an entry point for a short.
Install the optional stochastic script to get a pre-configured stochastic for 🍍 trading. Includes two modes, Trading where the weekly is highlighted and the daily is muted, and Swing which is the reverse.
Automatically switches to 15m for day trading. No chart reconfiguration required!