Earnings [theUltimator5]

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This indicator highlights daily price changes on earnings announcement days using dynamic colors, labels, and optional earnings markers.

🔍 Key Features:

Earnings Detection:

• Highlights only the days when an earnings event occurs.
  

Price Change Calculation:

• Computes the percentage change from open to close on earnings day.
  

Color-coded Labels:

• Displays the % change as a floating label above the chart on earnings days.
  

Color intensity reflects the size and direction of the move:

• Bright green for large gains (≥ +10%)
  
• Bright red for large losses (≤ -10%)
  
• White for negligible change
  
• Gradient fades between those extremes
  

Optional "Earnings" Marker:

• A small label marked “Earnings” appears beneath the % change label, controlled by a user toggle.
  

Background Highlight:

• The chart background is shaded on earnings days with a semi-transparent color based on the % change.
  

⚙️ User Input:
✅ Show 'E' Marker: Toggles the visibility of the "Earnings" label below the main price change label.

✅ Ideal Use Case:
Use this indicator to visually analyze how a stock reacts on earnings days, helping traders spot consistent behavior patterns (e.g., post-earnings rallies or selloffs).

18 thg 7

Phát hành các Ghi chú

Added number of days since last earnings at bottom of chart.

Removed option for showing "E" for earnings, and change it to simply be below the price change.

Added user select to show days since last earnings.

18 thg 7

Phát hành các Ghi chú

I updated the calculation for earnings day percent change. Precious one was incorrect. I also slightly modified how the labels are positioned since they would easily be out of bounds, especially if viewed on mobile. Instead of using a 200 day high/low to create the labels, I now use a 5 day high/low

12 thg 8

Phát hành các Ghi chú

Updated chart to show indicator name in order to abide by house rules.