Supertrend LSMA long StrategyThis is a long strategy which combines Super trend indicator with LSMA moving average.
In general it tends to works better with long trending markets such as stocks and cryptos using a big timeframe.
The rules are simple
Long entry:
Supertrend is telling us to go long and close of a candle is above moving average
Long exit:
Supertrend is telling us to go short
IF you have any questions, let me know !
Analysis
BTC Sentiment analysis RSI 2xEMAThis is a CRYPTO correlation strategy, which is using BTC sentiment with BITFINEX long and short ratios.
WIth them we are making from one side 2 RSI, one for long and another for short. And from another side, we are going to make multiple EMA's, using the ratios for long and short.
Rules for entry
For this scenario I created a long only strategy.
The long entry condition is : we have a crossover of the rsi long ratio with rsi short ratio and long ratio from BITFINEX is above the long EMA and short ratio from BITFINEX is below short EMA.
We exit when we get the opposite condition, in this case we have a crossunder of the rsi long ratio with rsi short ratio and long ratio from BITFINEX is below the long EMA and short ratio from BITFINEX is above short EMA.
If you have any questions, let me know !
Relative Fundamental ComparisonWhen dealing with stocks, I like to review basic fundamentals of the company. This script displays the fundamental ratios of base chart stock with three other stocks (I can’t increase the number due to security function limitations). I found it particularly important when dealing with an unknown company. I quickly compare the company with other industry leaders to get a comparative fundamental review.
I am very new to Pinescript, so waiting for your comments and review.
Climatic Volume indicator Buy/Sell ENGLISH
this indicator is contrarian and it's use in my strategy
Strategy: when price falls the graph show as two moments with panic during the downtrend: two candlesticks of panic
Both candlesticks are associating with two Volume climatic bars (when volumen double the average volume of last 10 bars). In that moment the institutions buy (remember, the institutions only buy during panic and sell in the euphoria moment because they generate a new trend in the market)
Buy Signal: Bear candlestick with climatic volume in downtrend (first institutions buying) + a few candlesticks more with low volume (lower than average volume of last 10 bars) + second candlestick climatic volume in downtrend (last institutions buying before the new trend)
Moving Stop Loss to break even or first sell of us: bull candlestick with climatic volume associated in uptrend (first take profit of institutions)
Sell Signal: Second bull candlestick with climatic volume associated in uptrend (in this moment the institutions take profit in the timeframe where we are operating and wait for a future new swing)
ESPAÑOL
El indicador es un indicador contratendencial
Estrategia: Cuando el precio cae el grafico nos muestra dos momentos de pánico durante la tendencia bajista: dos velas japonesas de panic
ambas velas japonesas están asociadas a dos barras de volumen climático (un volumen que supera en un 100% el volumen promedio de las ultimas 10 barras). En ese momento las instituciones compran (recuerden que las instituciones compran durante el pánico y venden durante la euforia porque ellos generan una nueva tendencia en el mercado)
Señal de compra: vela japonesa bajista con un volumen climático asociado en una tendencia bajista (primera compra de instituciones) + algunas velas japonesas con bajo volumen + una segunda vela japonesa con volumen climático en una tendencia bajista (la ultima compra de institucionales antes de la nueva tendencia)
Mover stop loss a precio de entrada o hacer nuestra primera venta: vela japonesa alcista con volumen climático asociado en una tendencia alcista (primera toma de ganancias de institucionales)
Señal de venta: Segunda vela japonesa con volumen climático asociado en una alcista (en ese momento las instituciones toman ganancias en el timeframe donde estamos operando y esperan un nuevo swing futuro)
AlertoJack AlertoJack
v0.1a
coded by Bogdan Vaida
This indicator was created to provide easily defined alerts on multiple symbols.
It's still POC code.
Usage:
- Add it on any coin,
- The chart timeframe will be the timeframe for the alerts;
- Configure it with the symbols you want to be alerted on,
- Add the prices to be alerted for,
- Use Add Alert -> condition AlertoJack -> "Any alert() function call"
- Check the Alerts log.
Notes:
- Alert happens when candle crosses the price.
- Because of how Trading View functions, if you modify the indicator settings
you'll need to add the alerts again (because an alert uses the code version
it was created from).
- The alert runs once per current bar's timeframe (e.g. once per minute
if you're on the 1m).
Relative Growth ScreenBased on the Growth Range indicator published here:
Instead of plotting, they are printed in color coded table. Colors say whether the growth rate of these factors are relatively higher or lower.
Similar to quality screen, table positions can be customized.
If you have big enough screen, you can fit both quality and growth screens this way:
s3.tradingview.com
Moving Average Slope AnalysisThis is a simple script which allows to do slope analysis on any kind of Moving Average. Simply change the moving average function that you wish to work with , in the script.
Slope analysis may be required for fine-tuning trade automation software , which uses Moving Average for determining optimum enter/exit point.
Read code comments for instructions!
Value RangeHere is another attempt to chase value based on technical analysis.
This is extended version of PE range script published earlier.
Instead of just PE, this script contains several other factors which defines value. You can chose which factor to look at from input dialog:
Possible value factors included in this script are:
Price to Earnings
Price to Sales
Price to Book
PE - Forwarding
PS - Forwarding
Price to Cashflow
Enterprise Value to EBITDA
Enterprise Value to Cashflow
Some of these can be added to chart directly from financials. But, the script also calculate range based on donchian channel or bollinger bands. Instead of short periods, we are looking for periods in terms of years. Rest of things remain same.
NVME Support & ResistanceNVME Support & Resistance is unique compared to other S/R indicators out there because it provides users with automated analysis that can be done within a second and ours generate a highlight block rather than a solid line or dotted line and a highlight block is useful as it covers a bigger range compared to having dots and flat lines. Also, the zones will update corresponding to its lookback period, so if a new support or resistance is found then the block will move until that area is confirmed.
Best with higher timeframes!
This comes with all NVME scripts!
ROE ValuationAn indicator that can be used to study ROE Valuation for stocks.
Red color means the market price is higher than the valuation whereas green color means the market price is below the valuation and it might be a good opportunity for value traders. Gray color indicates non-applicable results, when valuation is below zero for example.
PE ValuationAn indicator that can be used to study PE Valuation for stocks.
When the reported EPS for a company is non-positive the line turns gray. Red color means the market price is higher than the valuation whereas green color means the market price is below the valuation and it might be a good opportunity for value traders.
DCF ValuationAn indicator that can be used to study Discounted Cash Flow Valuation for stocks.
When the reported Free Cash Flow for a company is non-positive the line turns gray. Red color means the market price is higher than the valuation whereas green color means the market price is below the valuation and it might be a good opportunity for value traders.
Financial Highlights [Fundamentals]█ OVERVIEW
This indicator plot basic key financial data to imitate the presentation format of several popular finance site, make it easier for a quick glance of overall company financial health without switching tabs for every single stocks.
█ Financial Data Available:
- Revenue & PAT (Profit after Tax)
- Net Profit Margin (%)
- Gross Profit Margin (%)
- Earnings Per Share (EPS)
- Dividend
█ Features:
- Toggle between Quarter/Annual Financial Data (Notes: For Dividends, it will always be plotted based on Annual data, at Financial Year ending period)
- Options to plot at either at Quarter/Yearly ending period OR Financial Data published date
█ Limitation
- The accuracy of the data subject to Tradingview's source, but from my observation it's accurate 95% of the time
- Recently published data might not be available immediately. e.g. MYX exchange tends to have 1-3 days lag
- More information on Tradingview's financial data can be read here -> www.tradingview.com
█ Disclaimer
Past performance is not an indicator of future results.
My opinions and research are my own and do not constitute financial advice in any way whatsoever.
Nothing published by me constitutes an investment recommendation, nor should any data or Content published by me be relied upon for any investment/trading activities.
I strongly recommends that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions.
Any ideas to further improve this indicator are welcome :)
Volume Treshold [UTS]Volume Treshold
Helps to identify periods of high and low volume.
This information can be used to evaluate market trends and to determine trade entries and exits.
Note: this only works on charts with volume information available
Treshold line changes color if a candle is more than x percent of the average volume of the last n candles
Treshold line changes color back to gray again if volume falls below the treshold
A lookback period defines how many bars should be taken into consideration
% that causes it to be triggered settable in decimals up to 3.5 where 1.0 equals to 100%
Colour to change the volume bar to can be set via menu
Ability to show the treshold as visualized drawing over the histogram as line or area
Ability to choose smoothing method for treshold calculation (SMA | EMA)
An optional Simple Moving Average of the volume data can be added to the chart.
Statistical and Financial MetricsGood morning traders!
This time I want to share with you a little script that, thanks to the use of arrays, allows you to have interesting statistical and financial insights taken from the symbol on chart and compared to those of another symbol you desire (in this case the metrics taken from the perpetual future ETHUSDT are compared to those taken from the perpetual future BTCUSDT, used as a proxy for the direction of cryptocurrency market)
By enabling "prevent repainting", the data retrieved from the compared symbol won't be on real time but they will static since they will belong to the previous closed candle
Here are the metrics you can have by storing data from a variable period of candles (by default 51):
✓ Variance (of the symbol on chart in GREEN; of the compared symbol in WHITE)
✓ Standard Deviation (of the symbol on chart in OLIVE; of the compared symbol in SILVER)
✓ Yelds (of the symbol on chart in LIME; of the compared symbol in GRAY) → yelds are referred to the previous close, so they would be calculated as the the difference between the current close and the previous one all divided by the previous close
✓ Covariance of the two datasets (in BLUE)
✓ Correlation coefficient of the two datasets (in AQUA)
✓ β (in RED) → this insight is calculated in three alternative ways for educational purpose (don't worry, the output would be the same).
WHAT IS BETA (β)?
The BETA of an asset can be interpretated as the representation (in relative terms) of the systematic risk of an asset: in other terms, it allows you to understand how big is the risk (not eliminable with portfolio diversification) of an asset based on the volatilty of its yelds.
We say that this representation is made in relative terms since it is expressed according to the market portfolio: this portfolio is hypothetically the portfolio which maximizes the diversification effects in order to kill all the specific risk of that portfolio; in this way the standard deviation calculated from the yelds of this portfolio will represent just the not-eliminable risk (the systematic risk), without including the eliminable risk (the specific risk).
The BETA of an asset is calculated as the volatilty of this asset around the volatilty of the market portfolio: being more precise, it is the covariance between the yelds of the current asset and those of the market portfolio all divided by the variance of the yelds of market portfolio.
Covariance is calculated as the product between correlation coefficient, standard deviation of the first dataset and standard deviation of the second asset.
So, as the correlation coefficient and the standard deviation of the yelds of our asset increase (it means that the yelds of our asset are very similiar to those of th market portfolio in terms of sign and intensity and that the volatility of these yelds is quite high), the value of BETA increases as well
According to the Capital Asset Pricing Model (CAPM) promoted by William Sharpe (the guy of the "Sharpe Ratio") and Harry Markowitz, in efficient markets the yeld of an asset can be calculated as the sum between the risk-free interest rate and the risk premium. The risk premium of the specific asset would be the risk premium of the market portfolio multiplied with the value of beta. It is simple: if the volatility of the yelds of an asset around the yelds of market protfolio are particularly high, investors would ask for a higher risk premium that would be translated in a higher yeld.
In this way the expected yeld of an asset would be calculated from the linear expression of the "Security Market Line": r_i = r_f + β*(r_m-r_f)
where:
r_i = expected yeld of the asset
r_f = risk free interest rate
β = beta
r_m = yeld of market portfolio
I know that considering Bitcoin as a proxy of the market portfolio involved in the calculation of Beta would be an inaccuracy since it doesn't have the property of maximum diversification (since it is a single asset), but there's no doubt that it's tying the prices of altcoins (upward and downward) thanks to the relevance of its dominance in the capitalization of cryptocurrency market. So, in the lack of a good index of cryptocurrencies (as the FTSE MIB for the italian stock market), and as long the dominance of Bitcoin will persist with this intensity, we can use Bitcoin as a proxy of the market portfolio
The WWG Plan Indicator V2█ OVERALL
This indicator was specifically created for the Walsh Wealth Group.
In short it is a fusion of some of the most basic and widely used indicators to show overbought patterns and trend reversals.
Its best usage is with LTF scalping and agressive profit taking but can also be used to find HTF dips and buy-zones.
█ FEATURES
Buy Signal (Buy):
Printed only with all confirmations triggered
Small Buy Signal (B1 & B2)
Printed if some of the confirmations are triggered and can be treated as DCA entries or for further
confirmation with other indicators and basic TA.
Crayons (Color Bars):
Blue: RSI is oversold
Olive: RSI and Stoch RSI are oversold
Yellow: RSI, Stoch RSI are oversold and lower Bollinger Bands are crossed by Low
Orange: RSI, Stoch RSI and CCI are oversold
Trailing SL:
If activated in the config, a trailing SL can be displayed on the chart based on ATR.
█ SETTINGS
The underlying indicators used are RSI, Stoch RSI, Bollinger Bands, MACD and CCI.
All possible configs can be changed in the config settings.
█ GENERAL INFORMATION
Depending on the settings, the indicator performance will be highly affected.
This indicator is only displaying highly oversold areas and events of trend reversal it is not a *God*-Signal and will print false positives.
█ ALERTS
An alert for the main buy-signal is implemented and can be used via the TV alert functionality.
Previous Close To Current High Percentage Per CandleGet the percentage of previous candle price to current high candle price.
This script will make your life easier to get percentage without you calculating it.
Hope you enjoy the tool and let me know if there is any feedback or improvement request.
Thank you very much. :D
--------------------------------
Formula:
Previous To High Percentage Per Candle = (high - previous / previous) * 100%
--------------------------------
ETH Relative Spot VolumesCompares ETHUSD spot market volumes to ETHUSD perpetual swap volumes.
A higher ratio indicates higher spot buying interest and a more sustained growth overall.
Rallies-driven by spot are deemed more resilient to being affected by high funding rates on futures markets. The long-term trend seems to be increased derivatives volume on ETHUSD contracts making spikes of spot interest more noticeable.
A 200-period Simple Moving Average is applied to indicate a long-term trend.
Weekly Sentiment AnalysisThis script plots weekly scores derived from sentiment analysis and computes some stats on the history.
While this can be viewed on any timeframe, the stats are best viewed on the Daily timeframe, weekly and intraday charts produce some discrepancies.
Columns show the weekly score. If the column is blue, the high/low of that candle surpassed the target price.
White bars in the columns show the % change from the open price to the high of that candle.
Horizontal line shows the % above the weekly open that must be reached for a win.
The display after the most recent week shows stats across all weeks.
Skips is the percent of weeks that were skipped because they didn't meet the score threshold
Total Wins is the number of wins divided by the number of non-skipped weeks
Long Wins is the number of long wins divided by the number of non-skipped weeks
Short Wins is the number of short wins divided by the number of non-skipped weeks
Best Move is the number of weeks where the score predicted the biggest move, even if target wasn't hit, divided by the total number of weeks
Double Win is the number of weeks where both the Long and Short targets were hit, divided by the total number of weeks
Settings
The first section of inputs define how much each type of sentiment is weighted.
The second section defines the win criteria. By default the daily ATR(average true range) is used to define a percent above or below the opening price that the price much reach during the week in order to be considered a win.
ATR Lookback : How many days back the ATR is average over.
Long ATR Multiplier : ATR is multiplied by this value and added to the opening price to get the target price for longs.
Short ATR Multiplier ATR is multiplied by this value and subtracted from the opening price to get the target price for shorts.
Use Multipliers as fixed % targets : If true, uses the multipliers as a fixed % above/below the opening price to define the target price.
The third section is everything else...
Score Threshold for Longs : The week is skipped if the score is less than the threshold.
Score Threshold for Shorts : The week is skipped if the score is greater than threshold.
Instrument Type : To accurately track session opens and closes, the value must be set to Stocks if looking at stock tickers, Futures if looking at futures or forex tickers, and Crypto if looking at crypto tickers.
P1 FundamentalsP1 is because to me, this is a priority 1 indicator, so I have P1 and P2 indicators ordered on the favorite list.
What can you check on the selection pane?
On “period”, you can show the data related to:
the fiscal quarters
or the fiscal years.
You can select a pack of financial data that I have organized in sections:
Revenue & earnings
EPS & DPS (EPS, EPS estimate, DPS and dividend payout ratio )
Debt (total debt, total equity and cash & equivalents)
Returns (ROE, ROIC, ROA and R&D revenue to ratio)
I recommend to just select one of them, in other case the chart is a mess.
Any feedback on the code is welcome!!
Spitznagel Faustmann RatioThis is a rough version of the Faustmann Ratio metric that Mark Spitznagel presents in The Dao of Capital. The purpose is to conservatively calculate the price of the company (market cap) relative to net worth. Over a medium term horizon, the theory is that companies which have a high ROIC (see my other script) combined with a low Faustmann Ratio (color coded to give you a rough idea) should generally outperform. Please don't take this short summary as an excuse to not read the full book. It's well worth your time. (I am not affiliated with the author in any way.)
Spitznagel ROICThis is a rough version of the Return on Invested Capital metric that Mark Spitznagel presents in The Dao of Capital. The purpose is to calculate the return on real invested capital, conservatively calculated. Over a medium term horizon, the theory is that companies which have a high ROIC (presented here as a decimal value where 0.5 = 50%, 1 = 100%, etc., and color coded as a general guide) combined with a low Faustmann Ratio (see my other script) should generally outperform. Please don't take this short summary as an excuse to not read the full book. It's well worth your time. (I am not affiliated with the author in any way.)
Consolidation Ranges [kingthies] Consolidation Range Analysis
Published by Eric Thies, January 2021
█ Indicator Summary
This tool calculates, analyzes and plots the visualization of a relative range over a given period of time
By adding to charts, users are enabled to see the impulsive nature of market cycles, along with their efforts to consolidate thereafter
The default period is 30, and should be adjusted to users preference
The default input is the current close price, on the chosen timeframe of the chart
█ Script Source
//
//@version=4
//© kingthies || This source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org
study("Consolidation Ranges ", shorttitle="CR ", overlay=true)
// !<------ User Inputs ----->
src = input(close, title='Range Input (Default set to Close'), lengthEMA=input(30,title='Length'),zoneToggle = input(true, title="Toggle Zone Highlights"), iCol = color.new(#FFFFFF, 100),
// !<---- Declarations & Calculations ---- >
trndUp = float(na),trndDwn = float(na), mid = float(na), e = ema(src, lengthEMA)
trndUp := src < nz(trndUp ) and src > trndDwn ? nz(trndUp ) : high, trndDwn := src < nz(trndUp ) and src > trndDwn ? nz(trndDwn ) : low, mid := avg(trndUp, trndDwn)
// !< ---- Plotting ----->
highRange = plot(trndUp == nz(trndUp ) ? trndUp : na, color=color.white, linewidth=2, style=plot.style_linebr, title="Top of Period Range")
lowRange = plot(trndDwn == nz(trndDwn ) ? trndDwn : na, color=color.white, linewidth=2, style=plot.style_linebr, title="Bottom of Period Range")
xzone = plot(zoneToggle ? src > e ? trndDwn : trndUp : na, color=iCol, style=plot.style_circles, linewidth=0, editable=false)
fill(highRange, xzone, color=color.lime,transp=70), fill(xzone, lowRange, color=color.red,transp=70)
//
