This drawing tool aims to draw auto Fibonacci Retracement Levels on desired indicators. Users can define the target indicator to draw Auto Fibo Lines, from the "settings tab": There are six commonly used indicators below the charts that can be selected to draw Fibonacci Retracement lines on: RSI : Relative Strength Index CCI : Commodity Channel Index MFI : Money...
Hello! This script “Monte Carlo Simulation - Your Strategy” uses Monte Carlo simulations for your inputted strategy returns or the asset on your chart! Features Monte Carlo Simulation: Performs Monte Carlo simulation to generate multiple future paths. Asset Price or Strategy: Can simulate either future asset prices based on historical log returns or a...
The Weighted Momentum Forecast (EWMF) is a predictive indicator designed to forecast the potential direction and magnitude of the next candle's close. It combines the principles of momentum, trend confirmation, and volatility adjustment to make its predictions. **Components:** 1. **Rate of Change (ROC)**: Measures the momentum of the market. 2. **Average True...
This script calculates the average price moves (using each bar's close minus the previous bar's close) for the trading days, weeks or months (depending on the timeframe it is applied to) of a number of past calendar years (up to 30) to construct a seasonal trend which is then drawn as a seasonal chart (overlay) onto the price chart. Supported are the 1D,1W,1M...
This indicator shows Fed Funds Rate vs US inflation. It also shows the US 10 year bond yield and provides a color indication that aims to indicate if this is a period where owning TLT is a good idea or not. It is not investment advice and it is only aiming to indicate whether the trend is supportive or not for long dated US bonds in comparison with short dated...
K's Reversal Indicator III is based on the concept of autocorrelation of returns. The main theory is that extreme autocorrelation (trending) that coincide with a technical signals such as one from the RSI, may result in a powerful short-term signal that can be exploited. The indicator is calculated as follows: 1. Calculate the price differential (returns) as the...
Sector analysis is an assessment of the economic and financial condition and prospects of a given sector of the economy. Sector analysis serves to provide an investor with a judgment about how well companies in the sector are expected to perform. Sector analysis is typically employed by investors who specialize in a particular sector, or who use a top-down or...
Overview: YinYang Bar Forecast is a prediction indicator. It predicts the movement for High, Low, Open and Close for up to 13 bars into the future. We created this Indicator as we felt the TradingView community could benefit from a bar forecast as there wasn’t any currently available. Our YinYang Bar Forecast is something we plan on continuously working on to...
Financial statement analysis is the process of analyzing a company’s financial statements for decision-making purposes. External stakeholders use it to understand the overall health of an organization and to evaluate financial performance and business value. Internal constituents use it as a monitoring tool for managing the finances. Most often, analysts will...
Comparable company analysis, or “Comps” for short, is commonly used to value firms by comparing them to publicly traded companies with similar business operations. An analyst will compare the current share price a public company relative to some metric such as its earnings to derive a P/E ratio. It will then use that ratio to value the company it is trying to...
Valuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other...
This indicator tries to identify the points where the price exceeds or falls below a rectangle based on the opening and closing prices of the previous period, the creation of the boxes occurs when a doji is detected therefore it will calculate the coordinates of the rectangle that will be drawn around it, therefore the indicator offers buy or sell signals based on...
This is the simple trading system based on volatility where these bands are used as entry points and trailing stops . A brief explanation of the system is as below. Because the volatility of a stock is its standard deviation, we can statistically establish “confidence Intervals” of the price moves. In statistics, a one standard deviation range means that there is...
Ruth is based on the most known technical indicators and designed for intraday traders. Ruth's aim is to find the best Buy/Sell points and decide to stop loss point with minimum Loss also Ruth tries to find multiple Profit points as TP1/TP2/TP3/TP4/TP5. Ruth was designed based on the heat map colors to be user-friendly and easy to read. While cold color preferred...
This script is made to predict the point at which price-time charts will rise or fall. The script was inspired by the RSI and TSI formulas. The formula is simply; Calculates the RSI and TSI values of open, high, low and close. Calculated values are converted to an array. The maximum and minimum values in the array are taken for the candles included in the...
Bursa Malaysia Index Series. The index computation is as follows:- Current aggregate Market Capitalisation/Base Aggregate Market Capitalisation x 100. The Bursa Malaysia Index Series is calculated and disseminated on a real-time basis at 60-second intervals during Bursa’s trading hours.
The indicator identifies potential trading opportunities within the market. It is entirely based on the combination of exponential moving averages by drawing triangles on the chart that identify buy or sell signals combined with vertical bars that create areas of interest. Specifically, when a buy signal occurs, the indicator draws a vertical bar with an azure...
The "High and Low of 9:30 Candle" strategy is a simple trading strategy commonly used in the stock market and other financial markets. It involves using the price range (high and low) of the first candlestick that forms at the opening of a trading session, typically at 9:30 AM, as a basis for making trading decisions. Here's a description of this strategy: 1....