Horizontal line for Market open price by NB(ENG)
Since meaningful movements starts based on the first bar of the market's opening time
(usually GMT + 0), this indicator is creat to be used as a tool to use it as support and resistance.
Look at the bar of just 15 minutes passed after market opened, and when the bar closed with positive candlestick then
draw horizontal line at high price, when the bar closed negative candlestick then draw horizontal line at low price.
I use diffrent colors to help visualization.
If you look these at from a distance, you can see sections that are tightly entangled and sections those are not.
This makes it possible to distinguish between strong and weak support/resistance sections.
For convenience, I put only color and transparency adjustments. No future upgrades are planned.
Thanks to ADOL_ for this great idea, and also to Bjorn Mistiaen for helping me to make the source code.
(KOR)
마켓의 오픈 시간(보통 GMT 0시)에 첫 바를 기준으로 의미 있는 움직임이 시작되기에
이를 지지와 저항으로 활용하는 도구로 쓰기 위하여 만든 지표입니다.
GMT 0시 15분 봉 마감 기준으로, 양봉이면 그 양봉의 고점을 이어 가로줄을 긋고,
음봉이면 저점을 이어 가로줄을 긋습니다. 서로 색을 달리하여 시각화를 돕습니다.
이를 멀리서 보면 촘촘히 얽힌 구간이 나오고 그렇지 않은 구간이 나옵니다.
이를 통해 지지/저항이 강한 구간과 약한 구간을 구별할 수가 있습니다.
편의를 돕기 위해 색과 투명도 조절까지만 넣어 놓았습니다.
추후 업그레이드는 예정되어 있지 않습니다.
이 대단한 아이디어를 주신 ADOL_에게 감사드리며,
소스 코드를 만들게 해주신 Bjorn Mistiaen에게도 감사를 드립니다.
Fundamental Analysis
SPX Excess CAPE YieldHere we are looking at the Excess CAPE yield for the SPX500 over the last 100+ years
"A higher CAPE meant a lower subsequent 10-year return, and vice versa. The R-squared was a phenomenally high 0.9 — the CAPE on its own was enough to explain 90% of stocks’ subsequent performance over a decade. The standard deviation was 1.37% — in other words, two-thirds of the time the prediction was within 1.37 percentage points of the eventual outcome: this over a quarter-century that included an equity bubble, a credit bubble, two epic bear markets, and a decade-long bull market."
assets.bwbx.io
In December of 2020 Dr. Robert Shiller the Yale Nobel Laurate suggested that an improvement on CAPE could be made by taking its inverse (the CAPE earnings yield) and subtracting the us10 year treasury yield.
"His model plainly suggests that stocks will do badly over the next 10 years, and that bonds will do even worse. This was the way Shiller put it in a research piece for Barclays Plc in October, (which can be found on SSRN Below):
In summary, investors expect a certain return in equities as compensation for investing in a riskier asset class, and as interest rates have declined, the relative expected return for equities has increased dramatically. We believe this may quantitatively help to explain investors current preference for equities over bonds, and as such the quick recoveries we are observing (with the exception of the UK), whilst still in the midst of a pandemic. In the US in particular, we are once again observing stretched valuations and high CAPE ratios compared to history."
Sources:
papers.ssrn.com
www.bloomberg.com
The standard trading view disclaimer applies to this post -- please consult your own investment advisor before making investment decisions. This post is for observation only and has no warranty etc. www.tradingview.com
Best,
JM
Outlier Detector with N-Sigma Confidence IntervalsA detrended series that oscilates around zero is obtained after first differencing a time series (i.e. subtracting the closing price for a candle from the one immediately before, for example). Hypothetically, assuming that every detrended closing price is independent of each other (what might not be true!), these values will follow a normal distribution with mean zero and unknown variance sigma squared (assuming equal variance, what is also probably not true as volatility changes over time for different pairs). After studentizing, they follow a Student's t-distribution, but as the sample size increases (back periods > 30, at least), they follow a standard normal distribution.
This script was developed for personal use and the idea is spotting candles that are at least 99% bigger than average (using N = 3) as they will cross the upper and lower confidence interval limits. N = 2 would roughly provide a 95% confidence interval.
Godzilla StochShort-term, Mid-term and long-term Stoch.
this indicator comes with overbought overbuy zones, when lines are tested the upper or lower zone that indicate that the market is in overbought or oversold.
Olso comes with J plot candles, when the candles are in upper or lower zone they plot red or green color, indicating that the market has entered in overbought oversold too.
For scalping use 1h Timeframe.
For intraday use 4h Timeframe.
for swing trading use 1d Timeframe.
It moves enormously when the lines are aligned in the upper zone or lower zones.
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
Earnings DashboardThe Earnings Dashboard Indicator is a fast way to check the most recent quarterly earnings growth on TradingView.
Colors
The colors should help you get an easy overview of the quarters that are particularly outstanding.
- Earnings /Sales Growth & Surprise >= 20% -> Green
- Earnings /Sales Growth & Surprise <= -20% -> Red
- Net Margin < 5% -> Red
- Net Margin >15% -> Green
Indicator Configuration
- Not available at the moment. Feel free to leave us a comment on TradingView with your idea and we will see what we can do.
Planned Future Update
- Extension with annual (FY) financial data
Happy Trading 📈😎
Important : All data is retrieved using the variables provided by TradingView.
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.
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 :)
Distance from the ATH priceThis indicator shows us the distance (in %) between the current price and the ATH price.
The closer the price is to the ATH the higher the percentage.
100% means we reached the ATH price.
HOW TO USE:
No special input necessary.
Markets:
It can be used to all markets.
NOTE:
Some Exchanges don't go very far back in the past and for this reason this may have impact on this Indicator.
Stock Value Display//This study is designed to plot estimates for a stock's value:
//1) the Price to earnings ratio (PE) value based on the trailing twelve months of data
//2) the PE value based future data
//3) the Benjamin Graham value based trailing data
//4) the Dividend Discount value based on trailing data
You can adjust the period of data used to calculate the value between Fiscal Quarter "FQ" and Fiscal Year "FY."
The values displayed on the chart are subject to the financial information provided to TradingView. This is intended to be used as a quick reference and should be viewed in context with other analysis prior to making any transaction decisions.
As always, happy trading!
Financial Statement (Annual)This is an advanced tool to analyze the economic and financial health of a company. The tool uses exactly the same data as built-in annual financial metrics by TradingView.
Provides better visualization and additional indicators (maximum, minimum, average, median, linear regression ) that greatly simplifies the analysis of financial data.
All 222 built-in metrics available
Stay cheeki breeki and don't get sick. Good luck!
