TechniTrend: Dynamic Pair Correlation Description: The TechniTrend: Dynamic Pair Correlation is a powerful and versatile indicator designed to track the correlation between two assets—whether cryptocurrencies, indices, or other financial instruments—across multiple timeframes. Understanding correlations can provide deep insights into market behavior, helping...
This strategy is based on a Proxy Financial Stress Index constructed using several key financial indicators. The strategy goes long when the financial stress index crosses below a user-defined threshold, signaling a potential reduction in market stress. Once a position is opened, it is held for a predetermined number of bars (periods), after which it is...
This Pine Script strategy is designed to make trading decisions based on the Economic Policy Uncertainty Index for the United States (USEPUINDXD) using a Simple Moving Average (SMA) and a dynamic threshold. The strategy identifies opportunities by entering long positions when the SMA of the Economic Policy Uncertainty Index crosses above a user-defined threshold....
This script is Historical Fed Interest rate The data is between 1991 - 2023 , but for some reason data between 1991 - 10/2001 is not work Green line for rate cut and Red line for rate hike and detail at the label
Overview: The DRIP Yearly Performance indicator is designed for long-term investors using Dividend Reinvestment Plans (DRIP). This script calculates both the total and average yearly performance of an asset, factoring in the reinvestment of dividends over time. It provides key insights into portfolio growth by tracking the number of accumulated units from...
The "Median PE Ratio and Intrinsic Value" indicator is designed for traders and investors who wish to evaluate the intrinsic value of a stock based on a comparative analysis of Price-to-Earnings (PE) ratios across multiple stocks. This tool not only provides insights into whether a stock is undervalued or overvalued but also allows you to visualize the intrinsic...
I have learned the hard way why Enterprise Value is far more superior than Market Cap. That's why I made this indicator, but more importantly, why I added several features that other similar indicators just don't have. The key thing is to not just show you Enterprise Value of a company (it's true worth) but also the capability to see that line colored in a...
Sector Performance Dashboard v0.3 (Work In Progress) - Provides a comprehensive view of sector and stock performance across multiple timeframes Features: - Displays performance data for various Indian market sectors and their constituent stocks - Allows selection of different sector groups (e.g., NIFTY, BANKNIFTY, CNXAUTO, etc.) - Shows performance over...
Description: The Revenue Grid indicator helps traders and investors visualize a stock’s valuation by plotting horizontal lines based on its price-to-sales (P/S) ratio. This tool displays how the stock price compares to multiples of its total revenue per share, giving a clear perspective on valuation benchmarks. Fundamental Concept: The price-to-sales ratio...
Features: Simple Moving Averages (SMAs): 200 SMA (Gray): Long-term trend indicator. A widely used benchmark in many trading strategies. 50 SMA (Red): Mid-term trend indicator. 20 SMA (Green): Short-term trend indicator. These three SMAs allow traders to visualize the general market trend over different time horizons. 20% Gain on Green Candles: This feature...
The Breadth Thrust Indicator, based on Zweig's methodology, is used to gauge the strength of market breadth and potential bullish signals. This indicator evaluates the breadth of the market by analyzing the ratio of advancing to declining stocks and their associated volumes. Usage: Smoothing Length: Adjusts the smoothing period for the combined ratio of breadth...
The Risk On/Risk Off Williams %R indicator is a technical analysis tool designed to gauge market sentiment by comparing the performance of risk-on and risk-off assets. This indicator combines the Williams %R, a momentum oscillator, with a composite index derived from various financial assets to determine the prevailing market risk sentiment. Components: ...
This script is a TradingView Pine Script that creates a custom indicator to analyze Commitment of Traders (COT) data. It leverages the TradingView COT library to fetch data related to futures and options markets, processes this data, and then applies the Williams %R indicator to the COT data to assist in trading decisions. Here’s a detailed explanation of its...
Explanation: Inputs: equitySymbol: The symbol for the equity index (default is "SPY" for the S&P 500 ETF). bondSymbol: The symbol for the bond market (default is "TLT" for the 20+ Year Treasury Bond ETF). Fetch Data: equityClose and bondClose retrieve the daily closing prices for the specified equity and bond symbols. Relative Spread Calculation: The relative...
The Weighted US Liquidity ROC Indicator is a technical indicator that measures the Rate of Change (ROC) of a weighted liquidity index. This index aggregates multiple monetary and liquidity measures to provide a comprehensive view of liquidity in the economy. The ROC of the liquidity index indicates the relative change in this index over a specified period, helping...
You can learn how to use it by joining our community @BootcampZero
This is the first in a set of indicators I will be publishing. Quite simply, my aim is to demystify GDP. Lots of what is discussed in economic circles revolves around nominal GDP and evaluations of GDP that are skewed by government spending, inflation and often, sheer population. In the same way that a country with lots of people might have a big GDP (even if...
This script calculates the Compound Annual Growth Rate (CAGR) over a 10-year period or the maximum available historical data for any asset. The calculated growth rate is displayed as a label on the last bar of the chart. Ideal for investors and analysts, this tool helps you easily visualize and assess the long-term growth potential of your investments, providing...