Create Your Own Formula and Chart It

13 thg 3, 2020

Creating custom formulas can put price action into different perspectives. You can think of the search bar on TradingView like a calculator.
This chart, for example, shows AAPL/VIX, but we could have expressed many different formulas including: (AAPL + GOOGL + AMZN + FB)^4 or TSLA + F + GM and even GLD/BTCUSD.

There are countless ways to create equations on TradingView. To get started, type the equation you want to chart into the search bar. When you're ready, press Enter, and the chart will appear.

The chart we created shows AAPL/VIX and it paints a picture about Apple's performance compared to moments when volatility is rising or spiking. The arrows on the chart demonstrate that the current ratio has been tested several times before in the past. Of course, this is not a recommendation or a signal of any sort. Instead, we are hoping to demonstrate the creativity you can use when building an equation. You can create formulas across all asset classes.

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