The problem happens if you blindly use webhook as exit strategy. NMDC will trigger short, long, SL hit, TGT hit and what not if you have used the webhook of Tradingview as your sole exit/entry/modification today.
They have not adjusted the stock split immediately. So a basic algorithm will trigger this as a diaster! Be careful.
Also, it creates reverse events which are the algos will pick for mean reversion as the Rr is favorable but as this data source is not famous that much, it will not be significant.
Do not underestimate the herd-following mentality. Berkshire Hathway’s share used to rise with the release of Anne Hathway’s movies…
