This Strategy goes long when Sharpe Ratio is > 1 and Alpha against the S&P500 is generated. It exits when conditions break away. en.wikipedia.org(finance). Use on daily or 5min.
en.wikipedia.org(finance)
Beta is a measure of the risk arising from exposure to general market movements as opposed to idiosyncratic factors.
The market portfolio of all investable assets has a beta of exactly 1 (here the S&P500). A beta below 1 can indicate either an investment with lower volatility than the market, or a volatile investment whose price...
USE ON DAILY TIMEFRAME TO DETECT MOMO STOCKS & ETFs AND TRADE THEM
This Strategy goes long when Sharpe Ratio is > 1 and Alpha against the S&P500 is generated. It exits when conditions break away. Strategy can be adapted to run intraday, it however needs different (lower) trigger levels.
examples to try this on: GER30, NAS100, JPN225, AAPL, IBB, TSLA, etc.
Alpha is a measure of the active return on an investment, the performance of that investment compared to the S&P500 index, where 0.01 = 1%
alpha < 0: the investment has earned too little for its risk (or, was too risky for the return)
alpha = 0: the investment has earned a return adequate for the risk taken
alpha > 0: the investment has a return in...
experiment with linear regression, the purpose was to catch break outs early, but it creates to much visual noise
same as version 0 but with added margin filter and signal to mark entrys
this code is untested use at your own risk...
applying timed price change over the square to predict price expansion or contraction of the range, it is not predicting the future price only the range that is possible for the price to be in within a margin of error of possibility, with that said i think its very unlikely for price to fall outside the range, due to...
![EURUSD: [RS]Linear Regression Bands V1](https://s3.tradingview.com/q/QEAnwC9c_mid.png "[RS]Linear Regression Bands V1")
![EURUSD: [RS]Murrey's Math Lines Smooth Channel](https://s3.tradingview.com/w/WJtpQk8y_mid.png "[RS]Murrey's Math Lines Smooth Channel")
![EURUSD: [RS][ALPHA]Predictive Range Analysis V0](https://s3.tradingview.com/l/lbHSAbnV_mid.png "[RS][ALPHA]Predictive Range Analysis V0")