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TASC 2026.02 Portfolio Diversification█ OVERVIEW This indicator is a simplified framework for analyzing hypothetical portfolios, based on the concepts in the February 2026 edition of the TASC Traders' Tips , "Foundational Portfolio Design, Not Stock-Picking”. It requests datasets for spread symbols that represent weighted combinations of user-selected or predefined instruments, compares the returns in the data to those of a selected benchmark, and calculates risk-related metrics. █ CONCEPTS One of the core concepts of portfolio design is diversification. A diversified portfolio distributes market exposure across multiple, ideally uncorrelated, instruments to reduce potential risks. Investors often diversify their portfolios by allocating capital to instruments from different classes, sectors, or regions rather than investing in only a single instrument or multiple related instruments. As described in the article, the motivation behind creating diversified portfolios is simple: "No single position should have the capacity to sink the entire portfolio." This indicator estimates a portfolio's performance by requesting combined price data for spread symbols from user inputs or predefined options, and then analyzing the data's annual arithmetic returns alongside those of a specified benchmark instrument. It displays the returns of the spread and the benchmark in a table at the bottom left. The indicator also displays the following metrics described in the article in a table at the bottom right of the pane for additional performance information: Max drawdown: The maximum drop in the portfolio's value from a local peak. Standard deviation: The dispersion of portfolio values relative to their mean. Sharpe ratio: The ratio of excess returns in an investment compared to a hypothetical risk-free rate of return. Pain index: A measure of risk based on the depth, duration, and frequency of losses. The metric in this script considers only the bars where drawdown is nonzero. Ulcer index: A measure of downside risk based on the root mean square of drawdowns. The metric in this script considers only the bars where drawdown is nonzero. Correlation: The Pearson correlation coefficient between the returns of the hypothetical portfolio and those of a selected benchmark. The first five metrics are direct risk measures. The correlation metric helps assess whether the hypothetical portfolio closely follows the broader market. High correlation with a broad benchmark might indicate an elevated sensitivity to systematic risk. █ USAGE Users can select a combination of up to 10 symbols with specific weights to construct a hypothetical portfolio to analyze. Alternatively, users can select a predefined combination of symbols and weights based on the article's examples of optimized portfolios for different levels of risk tolerance. The script plots the calculated returns from the selected combination and the benchmark instrument for visual comparison. It also generates tables to compare returns and display risk metrics. Note: This indicator is intended to provide a simplified demonstration of portfolio concepts, and some metric calculations differ slightly from those in the article. The script does not produce any signals, and the calculated metrics are estimates intended for EOD timeframes such as 1D. If the hypothetical portfolio consists of instruments with different sessions, we recommend using 1W or a higher timeframe. █ INPUTS Benchmark: The symbol of the instrument to compare against the hypothetical portfolio. Portfolio Type: Choose between named options for predefined portfolio configurations based on risk profiles outlined in the article. To create a custom portfolio from up to 10 symbols, select "Custom" and adjust the 10 sets of inputs below. Risk-free rate: The hypothetical annual risk-free rate for the Sharpe ratio. Periods per year: If not zero, the script uses the value as the number of bars per year for annualization, which affects Sharpe ratio and standard deviation metrics. Display Toggles: The display for the returns and metrics tables can be toggled on or off.
Indicatore Pine Script®
di PineCodersTASC
Sri - Indian Sector-Based MACD 📊 Sri – Indian Sector-Based MACD (Closed Source) Sri – Indian Sector-Based MACD is a sector-relative momentum framework for Indian equities that replaces traditional stock-based MACD with a dynamic sector-index MACD engine. Unlike standard MACD indicators that calculate momentum directly from the chart symbol, this script introduces a sector-first analytical layer, allowing traders to evaluate whether a stock’s movement is supported by its parent sector’s trend strength. 🔬 What Makes This Indicator Original 1️⃣ Automatic Sector Intelligence Engine The script uses a rule-based NSE stock-to-sector classification system covering Banking, Finance, IT, FMCG, Pharma, Auto, Metal, Energy, Infra, Realty, Defence, Telecom, Transportation, and more. Each listed NSE stock is mapped in real time to its corresponding official NSE sector index, creating a contextual trading environment rather than an isolated price signal. This sector-mapping logic and index-selection flow is custom-built and proprietary, which is why the source is protected. 2️⃣ Sector-Index MACD (Not Stock MACD) Instead of applying MACD to the chart symbol: The indicator fetches live sector-index data Calculates Fast MA – Slow MA on the sector index Generates MACD, Signal, and Histogram behavior derived from sector momentum This allows traders to answer a critical question: “Is this stock moving WITH its sector or AGAINST it?” This structural shift—from stock-centric to sector-centric MACD—is the core originality of the script. 3️⃣ Adaptive Multi-Timeframe MACD Logic The indicator uses an automatic timeframe translation model: Intraday charts dynamically reference higher-timeframe sector data Daily, weekly, and monthly charts maintain time-consistent sector momentum Prevents noise caused by mismatched timeframes between stocks and indices This adaptive logic is not part of standard MACD implementations. 4️⃣ Controlled Sensitivity & Structural Smoothing To suit different market regimes, the script includes: Sensitivity scaling of MACD output Zero-line offset adjustment Optional smoothed EMA of sector MACD for trend structure clarity These controls allow traders to tune sector momentum strength, not just direction. 5️⃣ Manual Override for Advanced Users While sector detection is automatic, users can manually override the sector index and apply the MACD engine to: Any NSE index Custom symbols Macro or inter-market studies This makes the indicator usable beyond predefined sector logic. 6️⃣ Visual Confirmation Layer Filled MACD vs Signal zones highlight sector acceleration vs deceleration A compact table confirms the active sector context on the chart Color-coded background indicates whether sector detection is valid 🎯 How Traders Should Use This Indicator This script is not a buy/sell signal generator. It is intended for: Trend confirmation Sector alignment filtering Avoiding trades against weak or reversing sectors Sector rotation and relative strength analysis Best used alongside: Price action Volume analysis Stock-level indicators ⚠️ Important Notes Designed for Indian NSE equities Sector mappings are rule-based and maintained internally Closed-source to protect custom sector-index MACD architecture
Indicatore Pine Script®
di venkat_27
The Charlie Method - EnhancedThe Charlie Method is a precision-engineered 15-minute confirmation tool built for disciplined traders who wait for price to come to them. It identifies only true bullish and bearish engulfing candles, visually marking them at the moment of confirmation and delivering immediate alerts. No repainting. No noise. No distractions. This method is best applied at key levels, liquidity zones, and session extremes, where confirmation matters most. Trade less. Confirm more. Execute with intent.
Indicatore Pine Script®
di jlfschoe
Regime ScoreRegime Score | Trend vs Chop Market Filter Regime Score is a market regime detection indicator that tells you when to trade and when to stay out. It does not predict direction. It identifies whether the market is trend-friendly or choppy, helping you avoid low-quality trades and whipsaws. Perfect for breakout traders, trend followers, and system traders. Regime States • Green (+1) → Trend-friendly environment (Enable breakout trades) • Orange (0) → Transition / mixed regime (Reduce size or skip trades) • Red (-1) → Choppy / hostile market (Stay flat) Background coloring makes regime shifts easy to spot at a glance. Designed Philosophy • Observe-only filter • No buy/sell signals • No over-optimization • Built to improve discipline and consistency If your system performs well in trends but struggles in ranges, this indicator acts as a trade quality gate. 🚀 Final Thought Regime Score helps you trade less, but better by aligning your strategy with the right market conditions. If you believe market context matters more than signals, this tool belongs on your chart. ⭐ If you find it useful, consider liking or sharing to support further development.
Indicatore Pine Script®
di kamal.aspire
SPY Options Targets -IV Expected MoveWhat this indicator is? This tool turns option implied volatility into two things: 1) Expected move levels on the SPY chart for a chosen time horizon 2) Estimated option premium targets if SPY reaches those levels It is built to answer three trading questions: 1) How far can SPY reasonably move in my holding window 2) What SPY levels should I use for profit targets or invalidation 3) If SPY hits those levels, what option price is a realistic target What the bands mean on the SPY chart The bands are expected move levels on the underlying, recalculated each bar from the selected option’s implied volatility. One sigma band The teal band is the expected one standard deviation move over the next Horizon minutes. In practice, this is a normal move zone for that holding window. Two sigma band The orange band is the expected two standard deviation move over the next Horizon minutes. In practice, this is a large move zone for that holding window. How to interpret value If price is near the middle of the bands, the market is behaving normally for that window. If price approaches the one sigma band, the move is extended for that window. If price approaches the two sigma band, the move is unusually large for that window and you should expect either strong continuation or sharp mean reversion depending on market context. What the table means and how to use it IV Implied volatility solved from the selected option price. Higher IV widens the bands and increases option targets. DTE Days to expiry of the selected option. Near expiry options can change faster and IV can shift quickly. H move 1 sigma The projected one sigma SPY move in dollars for the selected Horizon minutes. This is the key number for planning. Opt at plus 1 sigma and minus 1 sigma If SPY reaches the one sigma upper band or the one sigma lower band, the indicator estimates what your selected option should be worth at that moment, assuming implied volatility does not change. Opt at plus 2 sigma and minus 2 sigma Same idea for the two sigma bands. Now opt px Current option price for reference. ................................................................................................................. How to trade using it? Step 1 Pick the right option input Choose the same expiry you plan to trade and pick a liquid contract, ideally at the money or near the money. This makes the IV reading more representative of the current tape. Step 2 Set the horizon to your holding time If you typically hold 15 to 30 minutes, set Horizon minutes to 15 or 30. If you typically hold 60 to 120 minutes, set it accordingly. This matters because the bands represent expected move for that exact window. Step 3 Use the bands to define trade planning For a long bias Entry is your setup. The bands are used for targets and risk. Target 1 is the one sigma upper band. Target 2 is the two sigma upper band if momentum supports continuation. Invalidation can be defined as losing the mid zone and failing to reclaim, or a clear level based stop. The indicator does not choose your stop. It gives your realistic upside distance. For a short bias Target 1 is the one sigma lower band. Target 2 is the two sigma lower band if momentum supports continuation. Invalidation can be defined similarly using your structure. Step 4 Use the option targets as profit taking levels Once you enter an option trade, ignore random premium swings and anchor to the table. Common approach Take partial profit when the option approaches the plus or minus one sigma target value. Hold a smaller runner for the plus or minus two sigma target value. If SPY hits the one sigma band but the option is far below the table target, it usually means implied volatility is dropping. Reduce expectations or exit earlier. If SPY hits the one sigma band and the option is above the table target, it usually means implied volatility expanded. Consider taking profits sooner because this extra premium can mean revert. Step 5 Use it to choose strikes Before entering, check whether your desired option profit requires SPY to travel to the two sigma band within your horizon. If yes, that is a lower probability trade for that window. If your plan is achievable around the one sigma band, it is typically more realistic. .................................................................................................................. Practical examples Scalp example Horizon 30 minutes. If H move 1 sigma is about 1 dollar, then expecting a 3 dollar SPY move in 30 minutes is a two to three sigma expectation and should be treated as a low probability scalp unless a news event is active. Intraday example Horizon 120 minutes. If H move 1 sigma is about 2 dollars, a 2 dollar move is a reasonable target and a 4 dollar move is the stretch target. Important limitations Implied volatility changes The option target prices assume IV stays constant. In real markets IV can change during the move, especially on 0DTE, around news, or during sharp selloffs. Treat option targets as a baseline estimate. Not a standalone signal This indicator does not generate buy or sell signals. Combine it with your entry model, structure, or momentum confirmation. Liquidity matters Very wide bid ask spreads can distort the inferred IV. Use liquid contracts. Suggested defaults for SPY Use a liquid near the money option for the current expiry. Horizon 30 for scalps, 60 for intraday, 120 for swings. Keep expiry time at 16:00 New York. Disclaimer This script is for educational and informational purposes only and is not financial advice. Options involve risk and may not be suitable for all traders.
Indicatore Pine Script®
di NeuralMarkets
ALL-IN ZONE X (EMA + BB + Swing + TP Panel)ALL-IN ZONE X is a technical analysis indicator designed to help traders identify high-probability trade zones using a combination of trend, volatility, and price structure. This indicator integrates: Exponential Moving Averages (EMA) for trend direction Bollinger Bands (BB) to visualize volatility and price expansion Swing structure detection to highlight potential market turning points A Take Profit (TP) panel to assist with structured trade planning ALL-IN ZONE X is intended for discretionary trading and educational purposes only. It does not generate automated buy or sell orders and should be used as a confluence tool alongside proper risk management and market analysis. Disclaimer: This indicator does not provide financial advice. Trading involves risk, and past performance does not guarantee future results.
Indicatore Pine Script®
di punchy3345
Cash-and-Carry Yield (APR)This indicator calculates and visualizes the annualized rate of return for Cash-and-Carry arbitrage strategies by comparing a specific Futures contract against its underlying Spot price. By automatically projecting the current price spread (basis) based on the exact time remaining until expiration, it allows traders to instantly assess the potential "risk-free" yield available in the market. The script is engineered to support both continuous 24/7 crypto markets and traditional CME futures. It features a smart "Gap Handling" setting that allows users to choose between a strict view that respects market closes (showing "Market Closed" during weekends) or a filled view that carries over the last known price for a seamless chart experience. Visually, the indicator displays the annualized yield as a histogram; green columns indicate a Contango market (positive yield), while red columns signal Backwardation. A Simple Moving Average (SMA) is overlaid to help identify the broader yield trend amidst volatility. An integrated dashboard table in the corner provides a real-time summary of the Spot Price, Future Price, absolute spread, and the precise number of days left until expiration. Please ensure the Futures Ticker and the corresponding Expiration Date are correctly entered in the settings for accurate time-weighted calculations.
Indicatore Pine Script®
di BennettHeitjan
USDC/USDT PremiumUSDC/USDT Premium Index Overview This indicator tracks the premium or discount of USD Coin (USDC) relative to Tether (USDT) using data from Binance. It serves as a barometer for sentiment within the stablecoin market. A premium on USDC often suggests a flight to quality or higher demand for a stablecoin perceived as more transparent and regulated. Key Features • Premium Calculation: The premium is calculated as (USDC/USDT Price - 1) * 100 to represent the deviation from parity in basis points. For example, a value of 0.1 means USDC is trading at a 0.1% premium to USDT (i.e., a price of 1.001). • Dynamic Coloring: The indicator's line color changes based on its position relative to a moving average (MA): • Green: The premium is currently above its moving average, suggesting bullish momentum for USDC. • Red: The premium is below its moving average, indicating bearish momentum. • Zero Line: A zero line is plotted to clearly distinguish between a premium (above zero) and a discount (below zero). • Customizable MA: You can adjust the moving average period and type (SMA, EMA, etc.) to fine-tune the indicator's sensitivity. How to Use 1. Gauge Stablecoin Sentiment: A rising premium (green line) can indicate that traders are favoring USDC over USDT, which might happen during times of market uncertainty or concerns about USDT's reserves. 2. Identify Shifts in Momentum: Look for the color to flip from red to green as a sign that the USDC premium is gaining strength. A flip from green to red may signal a weakening trend. 3. Spot Extremes: Extreme deviations from the zero line can signal market stress or significant capital flows between the two major stablecoins. Interpretation • Green Line (Premium > MA): Suggests that the short-term trend for the USDC premium is positive and strengthening. • Red Line (Premium < MA): Suggests that the short-term trend is negative, with USDC's value declining relative to its recent average against USDT. • Above Zero Line: USDC is trading at a premium to USDT. • Below Zero Line: USDC is trading at a discount to USDT. This tool provides a nuanced view of the stablecoin ecosystem, helping traders understand capital flows and risk appetite. It is most effective when used to complement a broader market analysis strategy.
Indicatore Pine Script®
di dylancui9
Multi-Symbol RSI Portfolio Simulator [Honestcowboy]The Multi-Symbol RSI Portfolio Simulator was build to test a theory, does the RSI indicator work in FOREX assets. Does it have predictive power. In this example the security function is used to fetch data for 40 different Forex pairs and it executes a very simple trading strategy. Sell when RSI hits 80, flatten if back below. Buy when RSI hits 20, flatten if back above. All executed on bar closes so no intra bar stuff. 🟦 🟦 🟦 Very Important Disclaimer This is a very crude indicator which does not calculate trading costs and assumes perfect execution of trades with zero slippage. Forex markets carry high risk and most CFD brokers ask high spreads and trading costs so this approach will most likely only work on the H4 or above Daily charts. We are observing market behaviour here, it's a study of price action not an executable ready strategy. Do your own cost analysis, simulation if you want to take this idea further. 🟦 What is the point? I build this indicator to prove that RSI indeed causes price action reactions especially on the intraday level in forex. Just like any study or paper not accounting for trading costs, this is just hypothetical and a starting point. 🟦 CALCULATION On each bar close it will check RSI value for each pair in the list. If one of the pairs meets the condition for a long or short it will open that trade on next bar open and hold it till close. Add the profits/losses to the equity line. And if condition still true on next bar do it again, this is a very crude simple form of testing. Tradingview strategy tester is superior but does not allow for multi-pair trading. Short Condition: RSI above 80 Short Exit: RSI below 70 Long Condition: RSI below 20 Long Exit: RSI above 30 The indicator also has 2 modes: Mean reversion and Trend mode. On default it uses Mean Reversion which is explained above. Trend mode does the exact opposite, so long above 80 short below 20. I've also included a table with a heatmap showing all the trading pairs the indicator uses, it's current RSI value and color based on how close indicator is to shorting or longing it from green to red with gray being middle so no direction. 🟦 USE CASES You can tweak the setting for different RSI values. Different RSI lengths and also freely change any trading pair inside the list to make your own test. I'm including some screenshots of tests here below:
Indicatore Pine Script®
di Honestcowboy
StO Price Action - Panel US Economy DataShort Summary - Displays selected us economic data as a time series graph - Economic indicator name shown in the upper-right corner - Designed as a lightweight fundamental context overlay Full Description Overview - Plots economic macro data as a continuous graph - Combines visual trend context with clear textual identification Supported Economic Data - CPI – Consumer Price Index - CIR – Core Inflation Rate (YoY) - IRYY – Inflation Rate (YoY) - IJC – Initial Jobless Claims - JC4W – Jobless Claims (4-Week Average) - NFP – Nonfarm Payrolls - UR – Unemployment Rate Graph Behavior - Selected economic series is rendered as a line graph - Graph color is user-configurable Label Display - Full descriptive name of the selected indicator - Fixed position in the upper-right corner Usage - Helps identify macro trends alongside price action - Useful for bias alignment on higher timeframes - Works well with Trend-following Systems or higher-timeframe structure analysis Notes - Economic data is informational and non-predictive - Not a signal or timing tool - Best used as contextual background not standalone input
Indicatore Pine Script®
di sto_svc
Dealer Control Index (DCI) Oscillator BreakoutsOverview The Dealer Control Index (DCI) is a structural oscillator designed to measure market stability based on the relationship between price and key institutional "hedging levels" (Gamma Flip). Unlike momentum-based oscillators like RSI, the DCI focuses on Dealer Gamma Exposure—the point where market makers shift from supporting price (Long Gamma) to accelerating moves (Short Gamma). How to Use This indicator requires a Manual Anchor (Flip Level) to function with high precision. Users should identify the current institutional Gamma Flip level for their specific ticker and input it into the script settings. Positive Score (+25 to +100): Price is above the Flip Level. Dealers are in a "Long Gamma" position, typically resulting in lower volatility and "dip-buying" behavior. Neutral Zone (-75 to +25): The "Transition Zone." Price is fluctuating near the hedge-rebalancing point. Expect "choppy" price action. The Gamma Trap (-75 to -100): Price has snapped significantly below the Flip Level. Dealers are now "Short Gamma" and may be forced to sell into further price drops to hedge their books, potentially creating a "Waterfall" effect. Key Features Volatility Normalized: Uses ATR-based normalization to ensure the -100 to +100 scale is consistent across different asset classes (e.g., comparing SPY to NVDA). Sigmoid Smoothing: Employs a sigmoid curve to filter out "market noise" and provide a clear visual of when the regime shift is actually occurring. Visual Regimes: Color-coded zones (Green/Red) provide instant feedback on the current dealer hedging bias.
Indicatore Pine Script®
di GexPro
Absorption Pro V4This indicator detects absorption-style reversal setups and scores them with a multi-factor model. It builds key levels from ZigZag/Fibonacci and round numbers across multiple timeframes, then flags potential absorption candles using volume and a delta-proxy filter plus strict candle-structure rules. Signals are validated with trend context (MA/SMMA/EMA/ATR), VWAP positioning, and optional momentum/volatility filters (RSI, Stoch, CCI, MACD, ADX, Volume Profile). Only score-threshold crosses can trigger long/short markers and alerts (defaults tuned for NQ).
Indicatore Pine Script®
di Kara_Tools
Volume Variance SuppressionVolume Variance Suppression Indicator This indicator measures the variance of traded volume over a rolling window to detect periods of participation compression. When volume variance falls below a defined threshold, it signals: Reduced initiative order flow Dominance of passive liquidity Market balance / consolidation rather than trend These suppression phases often precede volatility expansion, failed auctions, or impulsive moves, as liquidity builds and positioning becomes crowded. The indicator is not directional and should be used as a market state filter, not a standalone signal. It helps distinguish balance vs expansion regimes and improves trade selection by aligning strategies with the current microstructural environment.
Indicatore Pine Script®
di ShadowBid
GR/Awesome Bill Williams [ReiConcept]📊 AWESOME OSCILLATOR SIGNALS - Bill Williams Method This free indicator displays the 3 classic Awesome Oscillator signals directly on your chart: 🔄 TWIN PEAKS (Reversal) Detects divergences below/above the zero line to anticipate trend reversals. ✕ CROSS (Crossover) Classic zero line crossover signal - momentum change. 〰️ SAUCER (Continuation) Identifies continuation opportunities within the current trend. 🌤️ MARKET WEATHER A visual panel instantly shows market conditions: - ☀️ Strong Bullish (AO positive + rising) - 🌤️ Bullish (AO positive + falling) - 🌥️ Bearish (AO negative + rising) - 🌧️ Strong Bearish (AO negative + falling) ⚙️ SETTINGS - Customizable MMA periods (default: 5/34) - Enable/disable each signal type - Candle coloring based on momentum 🔔 ALERTS INCLUDED Get notified for every BUY or SELL signal. ⚡ PREMIUM VERSION An advanced version with automatic TP/SL and built-in backtesting is available at reiconcept.fr ⚠️ DISCLAIMER: This indicator is a decision-support tool. It does not constitute investment advice. Trading involves risk of capital loss. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🇫🇷 VERSION FRANÇAISE 📊 AWESOME OSCILLATOR SIGNALS - Méthode Bill Williams Cet indicateur gratuit affiche les 3 signaux classiques de l'Awesome Oscillator directement sur votre graphique : 🔄 TWIN PEAKS (Retournement) Détecte les divergences sous/sur la ligne zéro pour anticiper les retournements de tendance. ✕ CROSS (Croisement) Signal classique de croisement de la ligne zéro - changement de momentum. 〰️ SAUCER (Continuation) Identifie les opportunités de continuation dans la tendance en cours. 🌤️ MÉTÉO DU MARCHÉ Un tableau visuel vous indique instantanément l'état du marché. ⚠️ AVERTISSEMENT : Cet indicateur est un outil d'aide à la décision. Il ne constitue pas un conseil en investissement. Le trading comporte des risques de perte en capital.
Indicatore Pine Script®
di ReiConcept
Performance Table: Standard DCA | Last 6-12-24-48MThis indicator visualizes Standard Dollar-Cost Averaging (DCA) performance across multiple time horizons (6M, 12M, 24M, 48M). It summarizes invested capital, current portfolio value, net profit, and return percentage in a compact table, allowing quick comparison of short- and long-term DCA outcomes. Designed for long-term investors, it helps evaluate how consistent periodic investments perform over time without relying on market timing. The indicator is asset-agnostic and works on any symbol supported by TradingView. Key use cases: Long-term portfolio tracking DCA strategy validation Performance comparison across periods Educational and analytical purposes This tool focuses on clarity and realism, avoiding over-optimization and short-term noise. -- I hope this table helps investors better understand long-term DCA performance. Feedback and suggestions for improvement are always welcome.
Indicatore Pine Script®
di sedatonat
Halo MTF Market Bias (Bull / Bear)This indicator is designed to provide a clear directional market bias at a glance, using a clean and easy-to-read multi-timeframe analysis. It allows traders to quickly determine whether the market is bullish or bearish, helping them trade only in the direction of the overall market context. The indicator automatically analyzes the bias on the following timeframes: 1 minute 5 minutes 15 minutes 30 minutes 1 hour 4 hours Daily 👉 Works on all markets: Crypto, Forex, Indices, Gold, and more. ⚠️ Important This indicator is not a trading system. It should be used as a decision-support tool, always combined with a clear strategy and proper risk management.
Indicatore Pine Script®
di Alffird
Sharpe & Sortino RatiosRisk Ratios Indicator for TradingView — User Guide What It Does The Risk Ratios Indicator measures the quality of returns by analyzing risk-adjusted performance. It calculates two essential statistics that professional fund managers use daily: Sharpe Ratio and Sortino Ratio. Unlike price-based indicators, this tool ignores noise and focuses on the fundamental question: "Am I getting paid fairly for the risk I'm taking?" The Two Metrics Sharpe Ratio measures excess return per unit of total volatility. It captures how much profit you earn above the risk-free rate (Treasury bonds) for every unit of price fluctuation you endure. A Sharpe of 2.0 is considered excellent; 1.0 is acceptable; below 0.8 suggests poor risk-adjusted returns. Higher is always better. Sortino Ratio improves on Sharpe by measuring excess return per unit of downside volatility only. It ignores upside swings, treating only losses as risk—which mirrors how real investors think. Most assets show Sortino ratios 20-40% higher than Sharpe ratios because upward price movement shouldn't penalize you. Sortino is the superior metric for identifying true alpha generators. How to Use It Apply the indicator to any ticker. Three adjustable parameters control the calculation: Lookback Period (default 252 days = one full year), Risk-Free Ticker (default SHV, a short-term Treasury ETF that dynamically tracks actual interest rates), and Sortino Target (the minimum acceptable daily return, default 0%). The blue line represents Sharpe; the green line represents Sortino. Monitor both simultaneously: if Sortino significantly exceeds Sharpe, downside risk is well-controlled. If they converge, volatility is symmetric (risky in both directions). Interpretation Watch the reference lines. Ratios above 2.0 indicate excellent risk-adjusted returns—rare and desirable. Ratios between 1.0-2.0 are good for institutional investing. Below 1.0 means volatility is eating profits; below 0 indicates losses. For asset comparison, choose the ticker with the highest Sortino relative to its peers. Use this alongside price analysis to confirm that gains aren't just leveraged luck—they're genuine alpha backed by disciplined risk management.
Indicatore Pine Script®
di Jobear