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6 giorni fa

# Moving Average Ribbon with ADR% - Complete Trading Indicator

## Overview
The **Moving Average Ribbon with ADR%** is a comprehensive technical analysis indicator that combines multiple analytical tools to provide traders with a complete picture of price trends, volatility, relative performance, and position sizing guidance. This multi-faceted indicator is designed for both swing and positional traders looking for data-driven entry and exit signals.

## Key Components

### 1. Moving Average Ribbon System
- **4 Customizable Moving Averages** with default periods: 13, 21, 55, and 189
- **Multiple MA Types**: SMA, EMA, SMMA (RMA), WMA, VWMA
- **Color-coded visualization** for easy trend identification
- **Flexible configuration** allowing users to modify periods, types, and colors

### 2. Average Daily Range Percentage (ADR%)
- Calculates the average daily volatility as a percentage
- Uses a 20-period simple moving average of (High/Low - 1) * 100
- Helps traders understand the stock's typical daily movement range
- Essential for position sizing and stop-loss placement

### 3. Volume Analysis (Up/Down Ratio)
- Analyzes volume distribution over the last 55 periods
- Calculates the ratio of volume on up days vs down days
- Provides insight into buying vs selling pressure
- Values > 1 indicate more buying volume, < 1 indicate more selling volume

### 4. Absolute Relative Strength (ARS)
- **Dual timeframe analysis** with customizable reference points
- **High ARS**: Performance relative to benchmark from a high reference point (default: Sep 27, 2024)
- **Low ARS**: Performance relative to benchmark from a low reference point (default: Apr 7, 2025)
- Uses NSE:NIFTY as default comparison symbol
- Color-coded display: Green for outperformance, Red for underperformance

### 5. Relative Performance Table
- **5 timeframes**: 1 Week, 1 Month, 3 Months, 6 Months, 1 Year
- Shows stock performance **relative to benchmark index**
- Formula: (Stock Return - Index Return) for each period
- **Color coding**:
- Lime: >5% outperformance
- Yellow: -5% to +5% relative performance
- Red: <-5% underperformance

### 6. Dynamic Position Allocation System
- **6-factor scoring system** based on price vs EMAs (21, 55, 189)
- Evaluates:
- Price above/below each EMA
- EMA alignment (21>55, 55>189, 21>189)
- **Allocation recommendations**:
- 100% allocation: Score = 6 (all bullish signals)
- 75% allocation: Score = 4
- 50% allocation: Score = 2
- 25% allocation: Score = 0
- 0% allocation: Score = -2, -4, -6 (bearish signals)

## Display Tables

### Performance Table (Top Right)
Shows relative performance vs benchmark across multiple timeframes with intuitive color coding for quick assessment.

### Metrics Table (Bottom Right)
Displays key statistics:
- **ADR%**: Average Daily Range percentage
- **U/D**: Up/Down volume ratio
- **Allocation%**: Recommended position size
- **High ARS%**: Relative strength from high reference
- **Low ARS%**: Relative strength from low reference

## How to Use This Indicator

### For Trend Analysis
1. **Moving Average Ribbon**: Look for price above ascending MAs for bullish trends
2. **MA Alignment**: Bullish when shorter MAs are above longer MAs
3. **Color coordination**: Use consistent color scheme for quick visual analysis

### For Entry/Exit Timing
1. **Performance Table**: Enter when showing consistent outperformance across timeframes
2. **Volume Analysis**: Confirm entries with U/D ratio > 1.5 for strong buying
3. **ARS Values**: Look for positive ARS readings for relative strength confirmation

### For Position Sizing
1. **Allocation System**: Use the recommended allocation percentage
2. **ADR% Consideration**: Adjust position size based on volatility
3. **Risk Management**: Lower allocation in high ADR% stocks

### For Risk Management
1. **ADR% for Stop Loss**: Set stops at 1-2x ADR% below entry
2. **Relative Performance**: Reduce positions when consistently underperforming
3. **Volume Confirmation**: Be cautious when U/D ratio deteriorates

## Best Practices

### Timeframe Recommendations
- **Intraday**: Use lower MA periods (5, 13, 21, 55)
- **Swing Trading**: Default settings work well (13, 21, 55, 189)
- **Position Trading**: Consider higher periods (21, 50, 100, 200)

### Market Conditions
- **Trending Markets**: Focus on MA alignment and relative performance
- **Sideways Markets**: Rely more on ADR% for range trading
- **Volatile Markets**: Reduce allocation percentage regardless of signals

### Customization Tips
1. Adjust reference dates for ARS calculation based on significant market events
2. Change comparison symbol to sector-specific indices for better relative analysis
3. Modify MA periods based on your trading style and market characteristics

## Technical Specifications
- **Version**: Pine Script v6
- **Overlay**: Yes (plots on price chart)
- **Real-time Updates**: Yes
- **Data Requirements**: Minimum 252 bars for complete calculations
- **Compatible Timeframes**: All standard timeframes

## Limitations
- Performance calculations require sufficient historical data
- ARS calculations depend on selected reference dates
- Volume analysis may be less reliable in low-volume stocks
- Relative performance is only as good as the chosen benchmark

This indicator is designed to provide a comprehensive analysis framework rather than simple buy/sell signals. It's recommended to use this in conjunction with your overall trading strategy and risk management rules.

5 giorni fa

Note di rilascio

Updated

3 giorni fa

Note di rilascio

Moving Averages & Relative Strength v2.0

📊 Overview
The Moving Averages & Relative Strength v2.0 is a comprehensive technical analysis indicator that combines multiple analytical tools to provide traders with a complete picture of price trends, volatility, relative performance, and position sizing guidance. This multi-faceted indicator is designed for both swing and positional traders looking for data-driven entry and exit signals.

🔧 Key Components
1. Moving Average Ribbon System
• 4 Customizable Moving Averages with default periods: 13, 21, 55, and 189
• Multiple MA Types: SMA, EMA, SMMA (RMA), WMA, VWMA
• Color-coded visualization for easy trend identification
• Enhanced line width (2) for better visibility
• Flexible configuration allowing users to modify periods, types, and colors

2. Average Daily Range Percentage (ADR%)
• Calculates the average daily volatility as a percentage
• Uses a 20-period simple moving average of (High/Low - 1) * 100
• Helps traders understand the asset's typical daily movement range
• Essential for position sizing and stop-loss placement

3. Volume Analysis (Up/Down Ratio)
• Analyzes volume distribution over the last 55 periods
• Calculates the ratio of volume on up days vs down days
• Provides insight into buying vs selling pressure
• Values > 1 indicate more buying volume, < 1 indicate more selling volume

4. Absolute Relative Strength (ARS)
• Dual timeframe analysis with customizable reference points
• High ARS: Performance relative to benchmark from a high reference point (default: Sep 27, 2024)
• Low ARS: Performance relative to benchmark from a low reference point (default: Apr 7, 2025)
• Uses NSE:NIFTY as default comparison symbol
• Color-coded for quick interpretation

5. Relative Performance Table
• 5 timeframes: 1 Week, 1 Month, 3 Months, 6 Months, 1 Year
• Shows asset performance relative to benchmark index
• Formula: (Asset Return - Index Return) for each period
• Color-coded for outperformance/underperformance visualization

6. Dynamic Market Exposure Allocation System
• 6-factor scoring system based on price vs EMAs (21, 55, 189)
• Evaluates:
- Price above/below each EMA
- EMA alignment (21>55, 55>189, 21>189)
• Market exposure recommendations:
- 100% exposure: Score = 6 (all bullish signals)
- 75% exposure: Score = 4
- 50% exposure: Score = 2
- 25% exposure: Score = 0
- 0% exposure: Score = -2, -4, -6 (bearish signals)

7. Risk Management Tools
• Distance from 55 EMA: Key metric for entry/exit timing
• Helps identify optimal risk-reward scenarios
• Essential for position management decisions

8. Fundamental Analysis Integration
• Earnings Data: Last 12 quarters of earnings performance
• Sales Data: Last 12 quarters of sales performance
• Market Cap: Current market capitalization
• Free Float: Available shares for trading
• Sector & Industry: Classification data for context

📈 Display Tables
Performance Table (Top Right)
Shows relative performance vs benchmark across multiple timeframes with intuitive color coding for quick assessment.

Metrics Table (Bottom Right)
Displays key statistics:
• ADR%: Average Daily Range percentage
• U/D: Up/Down volume ratio
• Allocation%: Recommended market exposure
• High ARS%: Relative strength from high reference
• Low ARS%: Relative strength from low reference
• Distance from 55 EMA: Risk management metric

Fundamentals Table (Configurable)
• Earnings and sales for the last 12 quarters
• Market cap, free float, sector, and industry information
• Show/hide functionality for customizable display

🎯 Version 2.0 Features
Enhanced Visual Experience
• Improved line width (2) for better chart readability
• Normal text size for optimal viewing
• Clean chart visualization with drawing optimizations
• Enhanced color coding throughout all components

Advanced Risk Management
• Distance from 55 EMA metric for precise entry/exit timing
• Integrated volatility analysis with ADR%
• Dynamic allocation system based on market conditions
• Multi-timeframe risk assessment

Comprehensive Fundamental Analysis
• Complete 12-quarter earnings history
• Sales performance tracking
• Market capitalization data
• Free float and liquidity metrics
• Sector and industry classification

Improved User Experience
• Customizable table display (show/hide options)
• Better text readability with optimized sizing
• Enhanced stability with bug fixes for indices
• Cleaner chart interface

Market Exposure Clarity
• Updated terminology from "stock" to "market exposure"
• More accurate for all asset classes (stocks, ETFs, indices)
• Better alignment with professional portfolio management
• Institutional-grade position sizing guidance