OPEN-SOURCE SCRIPT
已更新 Permabull Profit Ratio

Cumulative profit/loss of market bulls.
Price is only half the story - volume is just as important. This indicator combines both to calculate the ratio of profitable longs to losing longs.
Presumably the banks like to reset this to negative territory now and then (eg March 2020) - which is always a great time to buy. Right now we see a modern record of profitable longs - probably not the best entry, but not an indicator of imminent doom. However it does mean that the "fall will be great" when it comes.
Price is only half the story - volume is just as important. This indicator combines both to calculate the cumulative profit/loss of market bulls.
Price is only half the story - volume is just as important. This indicator combines both to calculate the ratio of profitable longs to losing longs.
Presumably the banks like to reset this to negative territory now and then (eg March 2020) - which is always a great time to buy. Right now we see a modern record of profitable longs - probably not the best entry, but not an indicator of imminent doom. However it does mean that the "fall will be great" when it comes.
Price is only half the story - volume is just as important. This indicator combines both to calculate the cumulative profit/loss of market bulls.
發行說明
Updated color scale on profit ratio發行說明
Show loss as a percentage rather than a multiple發行說明
Add input which allows to set the age of a Permabull's cumulative buy historyShorter durations tend to experience higher volatility in cumulative profit
發行說明
Change default to 21 candlesUse permabull library
開源腳本
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
免責聲明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
開源腳本
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
免責聲明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.