yehonatan.bus

Market Cap - simple

This is a simple market cap indicator. it allows you to see the actual market cap of a stock, live, on the chart, right next to the stock price.

The indicator uses the data provided by Tradingview to calculate the market cap based on the simple calculation of outstanding shares times the price, at any given time.

The indicator can be used to compare the actual value of a stock at different times when sometimes you might discover that the market cap when the price is low is actually higher than the market cap when the price was high. That scenario might happen when the amount of outstanding shares has been changed as time goes by.
That conclusion is another nice benefit to having the indicator, on top of just having the Market Cap right in front of your eyes, always up-to-date, changing as the price is changing as well.

transparency= the higher the value, the more transparent the indicator will be. this feature allows you to see the indicator if you want to, but not letting it interrupting your chart.

Hope you enjoy it and good luck!
Script open-source

Nello spirito di condivisione promosso da TradingView, l'autore (al quale vanno i nostri ringraziamenti) ha deciso di pubblicare questo script in modalità open-source, così che chiunque possa comprenderlo e testarlo. Puoi utilizzarlo gratuitamente, ma il riutilizzo del codice è subordinato al rispetto del Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

Vuoi usare questo script sui tuoi grafici?

Commenti

Hi - when using your indicator it shows the market cap as a % and not a dollar value. How do I change this ? Thanks
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Up!
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Hi - trying to use your market cap indicator on Audius however I get a Study Error - Resolve_error "Fund resulting in no market cap plot. Can you advise? Thanks in advance
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yehonatan.bus andybentley
@andybentley, stocks only, no crypto.
Goodluck!
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