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Fundamental Analysis

MA trading Tool V2.0Background to the tool The tool was built out of frustration. Having traded for many years with a reasonable level of success I was always frustrated that my trading never went up a level. The world of trading is filled with people having so much more success than me and this level of FOMO really bothered me and resulted in inconsistency and countless hours sitting in front of a screen, hoping for the best. I also became a little bit of an indicator junkie - was there a holy grail indicator out there for me? I always felt that as a retail trader I was behind the curve. I started to investigate how the major market participants trade and make money and I was astounded at the level of success that they get from creating strategies and sticking to it. The market is driven largely by a "black boxes" which, for us retail traders are outside of our ability to access. I wanted to build a tool that could give me a traders edge. Another factor that has always bothered me was when reading investing books there is a general assumption that a standard entry, say 8/13 cross over, works on all stocks. However, it is not the case and it can be frustrating for a trader using a set up and not realizing that the set up was/is the problem, not the trader. This realization alone has made a huge impact on my trading. The big boxes that control the market know this already. Also, a lot of indicators that are available don’t take advantage of the backtesting capability provided in Tradingview. It is fairly simple to find 8-9 trades where a set up worked and then fall into the trade of assuming that it cannot fail. Knowing which set ups work and how frequently it will print will change the way that you trade. The goal with the tool is to identify setups that have worked in the past with a high degree of profitability, high profit factor and low drawdown and using the planning tool allows you to customize the setup to find exactly what you are looking for across any tradeable asset on TradingView. Over the past 20 years I have realized the following: 1) Not all entries and signals work the same on all stocks and knowing the historical performance of a strategy is critical 2) Not having a plan in advance lowers your probability of success 3) Developing consistency in analysis is critical 4) Developing confidence in your own plan is more important than whose trades you try to copy 5) Having 30 indicators does not help you trade better - it leads to more frustration So here is the product of these realisations: 1) The tool looks across the most common entry strategies (RMA / EMA / SMA / HMA / WMA cross on 5 dimensions of type and 5 common crossovers) and can be used on 19 different time frames giving you guidance on what the best set up is for the stock you are analysing 2) It incorporates volatility into the strategy – when stocks are trading outside of a predetermined volatility band, a trade will not be entered. This accommodates traders who tend to get shaken out of trades too early. 3) It looks at the impact of “buying the dip” – often a common strategy employed by many traders which now can be backtested and reviewed to see if it actually helped or hindered the trade. 4) It measures your trade plan against your R – what you are willing to risk – and calculates your target profit based on your R multiple 5) It provides a non repaint signal on your base strategy and provides you with signals to trade smaller or shorter signals within the bigger strategy. 6) This includes elements from the Squeeze Tool namely the histogram and. stochastic entry and exit criteria There are some additional visual tools: • Squeeze signals - I am a big fan of the TTM squeeze however the Squeeze by itself can be hard to trade. Seeing a squeeze fire long on a chart can add to trade confidence. • Seeing zones of support and resistance rather than single lines can also give you some leeway in terms of not getting pushed out of a trade too soon. The backtester is always reviewed on a 2 to 3 year period to get an understanding of win rate %, profit ratio and average duration of trade. As an option trader knowing that a high probability move is playing out allows me to make sure that I don’t undercut the time frame for the expiration of the option relative to the historical average duration of a trade. Backtesting on shorter times is unrealistic. Key benefits 1) It will save you a ton of time. I don’t have to sit in front of a screen watching ticks each day. I can plan for an entry, set an alert for a trade and when the conditions are met the TradingView system sends me a message and I will go and confirm a trade, execute it, set my alerts for control and move on with my life. 2) It allows me to review trade ideas in a consistent manner using the best trade plan and set up for a stock. 3) It forces me to be patient and not panic (always a good thing). With an adjustable volatility feature I can modify the volatility band in the trade plan to accommodate choppy market conditions. 4) It looks at both sides of the market (long and short) and you can calculate the impact of being market neutral or having a directional bias. I hope this tool helps you to achieve some degree of peace in your trading. To get access to the tool, please contact the author.
Pine Script® strategy
by whcoach
2
Multi Yield CurveAn inversion between the 2 year and 10 year US treasury yield generally means a recession within 2 years. But the yield curve has more to it than that. This script helps analysis of the current and past yield curve (not limited to US treasury) and is very configurable. "A yield curve is a line that plots yields (interest rates) of bonds having equal credit quality but differing maturity dates. The slope of the yield curve gives an idea of future interest rate changes and economic activity." (Investopedia) When the slope is upward (longer maturity bonds have a higher interest rate than shorter maturity bonds), it generally means the economy is doing well and is expanding. When the slope is downward it generally means that there is more downside risk in the future. The more inverted the curve is, and the more the inversion moves to the front, the more market participants are hedging against downside risk in the future. The script draws up to 4 moments of a yield curve, which makes it easy to compare the current yield curve with past yield curves. It also draws lines in red when that part of the curve is inverted. The script draws the lines with proper length between maturity (which most scripts do not) in order to make it more representative of the real maturity duration. The width cannot be scaled because TradingView does not allow drawing based on pixels. This script is the only free script at time of writing with proper lengths, showing multiple yield curves, and being able to show yield curves other than the US treasury. █  CONFIGURATION (The following can be configured by clicking "Settings" when the script is added to a chart) By default the script is configured to show the US treasury (government bond) yields of all maturities, but it can be configured for any yield curve. A ticker represents yield data for a specific maturity of a bond. To configure different tickers, go to the "TICKERS" section. Tickers in this section must be ordered from low maturity to high maturity.  • Enable: draw the ticker on the chart.  • Ticker: ticker symbol on TradingView to fetch data for.  • Months: amount of months of bond maturity the ticker represents. To configure general settings, go to the "GENERAL" section.  • Period: used for calculating how far back to look for data for past yield curve lines. See "Times back" further in this description for more info.  • Min spacing: minimum amount of spacing between labels. Depending on the size of the screen, value labels can overlap. This setting sets how much empty space there must be between labels.  • Value format: how the value at that part of the line should be written on the label. For example, 0.000​ means the value will have 3 digits precision. To configure line settings per yield curve, each has its own "LINE" section with the line number after it.  • Enable: whether to enable drawing of this line.  • Times back: how many times period to go back in time. When period is D, and times value is 2, the line will be of data from 2 days ago.  • Color: color of the line when not inverted.  • Style: style of the line. Possible values: sol, dsh, dot  • Inversion color: color of the line when the curve inverses between the two maturities at that part of the curve.  • Thickness: thickness of the line in pixels.  • Labels: whether to draw value labels above the line. By default, this is only enabled for the first line.  • Label text color: text color of value label.  • Label background color: background color of value label. To configure the durations axis at the bottom of the chart, go to the "DURATIONS" section.  • Durations: whether to show maturity term duration labels below the chart.  • Offset: amount to offset durations label to be below chart. █  MISC Script originally inspired by the US Treasury Yield Curve script by @longfiat but has been completely rewritten and changed.
Pine Script® indicator
by david171971
1
Investing - Order HelperFYI: This idea is not new and I believe there is plenty of other indicator similar to this. I have used 'Scaled.orders' from @highewaterr and add in additional calculation. This is for education purposes only, if you decide to use it LIVE and you lose money using it, it is not my fault. Do not risk what you can't afford to lose. Order Helper was improved to better help simplify my investing journey. It calculates each size and price automatically for me after inputting into the settings. Unlike the common investing method (DCA Daily/Weekly/Monthly or Support & Resistance). There is issue for these investing method. DCA based on time is prompt to buying at higher price which will bring your average cost and your risk higher . So why risk more when you have plenty of time to wait for the project/stocks to be at a discount? Support & Resistance based can be a hustle to some investor like me. Why? 1. Complication when drawing multiple support & resistance line / zone. 2. Time Consuming (Refer to point 1) To reduce/eliminate the issue prompt by these 2 investing method, I use order helper. It free up that few minutes of each chart, reduce the complexity in drawing support & resistance. However, it bring method is prompt to 'missing out'. IF I were to stick to the prices and size based on this indicator, my order might not be triggered and price just continue going. But personally, I am fine with it. As I would rather miss out than putting my hard earned money in a higher risk. --------------------------------------------------------------------------------------------------------------------------------- Main Component of this indicator Scaling options is the main component of this indicator. There is 4 options to this component: Linear Ease-in -> The amount of orders/size CLOSEST to the START price, will be higher. Ease-out -> The amount of orders/size FURTHEREST to the START price, will be higher. Ease-in-out -> It's a mixture of Ease-in and Ease-out. How to use this indicator? It is best for you to play around with the settings, as it will be easier to understand rather than reading how I do it. There is no right or wrong method in using this indicator. But this is how I use it. Go to a higher time frame (Weekly/Monthly) Identify major support & resistance Open up 'Order Helper' settings Input your preferred options (Linear/Ease-in/Ease-out/Ease-in-out) Input the start price -> referring to the first major support & resistance line (closes to the current price) Input the end price -> referring to the last major support & resistance line (furtherest away from the current price) Input the number of orders you preferred Position Size that you wish to purchase I decide not to share the source code of this as I do not fully understand the math calculation behind. But if it works, and it helps me. Then those math calculation doesn't really matter. Hopefully this will help simplify your investing journey. If there is any question, feel free to comment it below and I will try my best to assist.
Pine Script® indicator
by RrBc2
Investing - Correlation Table This correlation tables idea is nothing new, many sites provides it. However, I couldn't find any simple correlation indicator on TradingView despite how simple this indicator is. This indicator works as its called. Calculating the correlation between 2 projects (can be used in stocks as well) using the 'ta.correlation' feature built into pinescript. When it comes to investing, we do not want our stocks / crypto project to be heavily correlated to each other. If they are heavily correlated to each other, then there isn't much point in diversifying. That being said, it can be useful for traders who trade multiple pairs. ----------------------------------------------------------------------------------------------------------------------------------------------------------- In this indicator, consist of 5 primary input and 15 secondary input (Symbol List). Correlation Source: This input options allow you to change how the correlation is calculated. By default, it uses 'close'. Correlation Percentage(%): This input options allows you configure how many (%) of correlation is considered as 'decoupled'. This correlation will only move between -100% ~ 100%. 100% refers to it moving together. -100% refers to it moving the opposite direction. For example, Project A rises in Price, what is the possibility of Project B following: A 100% correlation between Project A and Project B, refers to Project B will follow Project A movement. A 50% correlation between Project A and Project B, refers to there is only 50% chance for Project B to follow Project A movement. A -20% correlation between Project A and Project B, refers to there is a 20% chance of Project B moving the opposite direction of Project A (Refers to the table on chart above to better understand what the numbers means. DOT/USD has a 100% correlation to DOT/USD. However. MXCUSDT has a -37.2% correlation to DOT/USD.) Amounts Bars To Check: This input options will check the amount of bars since the last bar in the chart. If you want to know the correlation of the past 100 days in a daily chart, you will enter '100' into this options and it will check only the past 100 days. Symbol List This will allow you to input all the project symbol ticker ID to add into the correlation table. ----------------------------------------------------------------------------------------------------------------------------------------------------------- Originally, I wish to use for loop to go through the symbol list to reduce the amount of code required. However, due to limitation of 'request.security' feature, I had to abandon that idea and use hard-coded for requesting security and use a while loop to identify the symbol correlation value in the array set then set the table value accordingly. If there is any script writer could improve this or any unclear explanation, feel free to drop a comment below.
Pine Script® indicator
by RrBc2
2
Inflation Adjusted Performance: Ticker/M2 money supplyPlots current ticker / M2 money supply, to give an idea of 'inflation adjusted performance'. ~In the above, see the last decade of bullish equities is not nearly as impressive as it seems when adjusted to account for the FED's money printing. ~Works on all timeframes/ assets; though M2 money supply is daily data release, so not meaningful to plot this on timeframe lower than daily. ~To display on same pane; comment-out line 6 and un-comment line 7; then save, remove and re-add indicator. ~Scale on the right is meaningless; this indicator is just to show/compare the shape of the charts.
Pine Script® indicator
by twingall
Dividend Pension TableHello, you all know about dividend retirement. It was very difficult to calculate the retirement with dividends by making regular purchases in shares. Thanks to this tool, it is now very easy. You can start the strategy by choosing the history of the dividend investment, choosing how many units you will receive in a regular amount each month, or the value for money. In the table on the side, you will see the amount of your regular purchases, dividend income and the amount of your purchases. Your total investment and savings will also be visible at the top of the chart. With this table, you will be able to see the analysis of all dividend-paying stocks. Excel era is over :)
Pine Script® strategy
by only_fibonacci
4
EPS & SalesHi everyone, I just adapted a little utility script to visualise EPS % increase (quarters vs Year -1) and sales. I used the code from @ARUN_SAXENA and modified it to fix what I saw as issues. (Using base 3M instead of 1M + request.earnings(syminfo.tickerid, earnings.actual, ignore_invalid_symbol=true) instead of request.financial(syminfo.tickerid, "EARNINGS_PER_SHARE", "FQ") Data will differ from MarketSmith because they use sometimes actual EPS sometimes standard, but think we can at least trust what we see in term of % The tool is far from being perfect !
Pine Script® indicator
by Fred6724
268
When was the last time we were in stagflation?Here I coded a strategy that indicates when we should enter a long position in the US dollar. The three indicators I used were the Inflation Rate, 10Y interest rate, and GDP growth rate. Right now in our economy, It seems as though we are in stagflation due to high inflation and declining GDP growth. Thoughts on how our government should handle the oversupply of money in the economy right now are another conversation. The reason I built this indicator is to see when the last time our country was in this type of market environment was and to see how far the dollar rose from that point on. It is necessary to say that the US dollar generally does not show these steep increases in value unless there is a hard cut in the Money supply. However, what we see is that the last time we were in stagflation was around the early 1980s when the dollar value rose to around 107( the levels we're at right now) and did not stop until It hit its peak at 150!!!! This isn't all that exciting really because if the FED follows a similar path as It did back in the '80s then we are going to see a whole lot more money supply being cut, an increase in interest rates, and a declining GDP Growth rate. ATTENTION: This indicator does not tell you to buy any financial instrument that follows the DXY(US Dollar index), with that being said please feel free to comment and tell me your opinion. whether it's how bad my coding is(I'm a beginner sorry!!) or whether my ideas on our market environment right now are bogus or just do not make sense.
Pine Script® strategy
by brett0923
Global Economic MonitorThis indicator shows multiple economic data such as inflation rate, GDP etc. of the countries below. U.S. Japan EU U.K. Australia New Zealand Canada Switzerland China You can select 3 data at the same time so that you can compare data in single country or among multiple countries. Available data: Inflation Rate(YoY) Inflation Rate(MoM) Inflation Expectation GDP GDP Growth Unemployment Rate Retail Sales ————————————— 主要国の経済指標(インフレ率やGDPなど)を表示することのできるインジケーターです。 対象国/地域： アメリカ 日本 EU イギリス オーストラリア ニュージーランド カナダ スイス 中国 データは最大3つまで同時に表示することができます。 一つの国で複数指標を比較したり、同一指標を異なる国で比較する時に選択してください。 選択可能データ インフレ率(対前年比) インフレ率(対前月比) 期待インフレ率 GDP GDP成長率 失業率 小売売上高
Pine Script® indicator
by FX365_Thailand
FOMC AnnouncementsThis indicator plots vertical lines at the scheduled times of US Federal Reserve's FOMC Meeting Announcements. Usually, that time or the 24 hours before and after could see big moves in markets. You can change those dates and times in the settings, and could use the indicator option "Add this indicator to entire layout" if you want to easily reflect that across all panes of a layout. Those lines will show on any symbol you switch to, saving you time and effort of drawing them manually.
Pine Script® indicator
by hadialaddin
16
Gotobi TeriyakiUSDJPY Anomaly. This anomaly originated in Japan. Buy from 2:00 pm Japan time. Sell at 9:55 Japan time. Japanese importers often settle payments to suppliers in dollars, and exchange yen for dollars on settlement days (days falling on a 5 or 10, so-called goto days). Therefore, on goto days, there is sometimes a shortage of dollars held by financial institutions. This is called the "middle price shortage," and financial institutions purchase dollars through the foreign exchange market to resolve the middle price shortage. As a result, the dollar currency is bought and USD/JPY depreciates against the yen. Since the yen has historically appreciated against the dollar, exporting companies make forward exchange contracts with financial institutions as a risk hedge. Financial institutions are therefore forced to procure dollars in the market because they do not have enough dollars in their balance sheets to deliver to exporters. Five days is called "GO" in Japanese. Ten days is called "TO" in Japanese. In Japanese, a day is called "BI". Now I can eat teriyaki all day long :) ドル円ゴトー日ストラテジーを作ってみました。
Pine Script® strategy
by hosono_p
Eurobond CurveABOUT Dynamically plots 3 no. forward EUROBOND curves. When the curves converge (or worse crossover) there is higher risk of financial uncertainty and potential market correction. The Eurobond Curves work in a similar way to treasury "yield curve inversion"; except the EUROBOND curves can signal much earlier than Treasuries therefore providing a leading indicator. The indicator looks the the "near" (next year EUROBOND), "mid" (EUROBOND 2 years out) and "far" (EUROBOND 5 years out) to assess for crossovers. When the "near" and "mid" curves crossover the "far" curve, concerning economic conditions are developing and it may be a good idea to reduce risk exposure to markets. LIMITATIONS The EUROBOND curve crossover events are rare, and this indicator uses data back to 2005 (using approximately 25 TradingView security functions). Given there are relatively few crossover events, the reliability of this indicator should be considered low. Nonetheless, there is decent alignment with treasury yield curve inversions in the 20 year period assessed. Given treasury yield curve inversions have predicted every recession for the last 70 years, we still think the EUROBOND Curves are a useful datapoint to monitor into the future and provide confluence to other risk management strategies.
Pine Script® indicator
by capriole_charles
The Real GBTC Premium (Capriole Investments)The real Grayscale Bitcoin (GBTC) premium / discount. Charts the premium / discount of GBTC trust versus the Bitcoin spot price. The GBTC premium / discount is frequently calculated incorrectly as it needs to consider the amount of Bitcoin behind each share of GBTC, which changes over time. This indicator allows for an estimate of that change through time, a more realistic representation of 1 BTC to 1 BTC within GBTC. If the chart is red, at a discount = can buy a synthetic Bitcoin (GBTC) at a discount to the underlying asset Bitcoin. If the chart is green, at a premium = can buy a synthetic Bitcoin (GBTC) at a premium to the underlying asset Bitcoin. The user should also consider that to-date, GBTC charges an annual fee which depletes the value within the GBTC trust. Grayscale wants to convert GBTC to an ETF, but its applications have so far been rejected by the SEC. If GBTC is converted to an ETF in the future, we might expect that any GBTC discount shown here will be neutralized; potentially offering an additional return to any holder of GBTC, though this cannot be known for sure until such a conversion occurs.
Pine Script® indicator
by capriole_charles
1