Growth Stock CyclicClick the chart below to see the "idea" associated with this script for documentation:
Pertumbuhan
Growth Stock Arbitrage Indicator [@PierceARK]This indicator takes advantage of the fact that when the 10 and 5 year Treasury Constant Maturity Minus Federal Funds rates (T10YFF/T5YFF) go down sharply, investors tend to rotate into stocks. This arbitrage works great for growth stocks, since growth stocks are higher beta by virtue of their lower market cap and more speculative nature in general. This script identifies the moving-average convergence/divergence of the average of the 10y and 5y treasury rates and then finds the variance of that macd line. By averaging that variance with the macdline's inverse, an analog output of treasury -> stock rotation can be identified. The upper and lower thresholds bring buy and sell windows into focus.
EPS & SalesHi everyone,
I just adapted a little utility script to visualise EPS % increase (quarters vs Year -1) and sales.
I used the code from @ARUN_SAXENA and modified it to fix what I saw as issues.
(Using base 3M instead of 1M +
request.earnings(syminfo.tickerid, earnings.actual, ignore_invalid_symbol=true)
instead of
request.financial(syminfo.tickerid, "EARNINGS_PER_SHARE", "FQ")
Data will differ from MarketSmith because they use sometimes actual EPS sometimes standard, but think we can at least trust what we see in term of %
The tool is far from being perfect !
[dj]visible financial report
visible financial report
visible financial report (year-on-year) is a indicator for us market only, other market's data are wrong.
please check the "E" symbol's if the tradingview's data accurate.
this script using both request.financial and request.earnings. EARNINGS_ESTIMATE / earnings.estimate / TOTAL_REVENUE / TOTAL_OPER_EXPENSE
i share this script's for the purpose of tradingview staff will improve their financial data accuracy.
some stocks data are wrong, or missing such as NYSE:KR
i got many recommendations for improvemenet on tradingview ....but....
Relevant World GDP GroupedLooking at a basket of countries total GDP for comparing size of economy. Makes it easy to select your own groupings of countries for comparison. A country's GDP is the total of consumer spending (C) plus business investment (I) and government spending (G), plus net exports, which is total exports minus total imports (X – M). Alliances visualized was the original idea but wasn't quite sure for a lot of other countries where they stand so it is what it is; feel free to improve.
EPS DashboardThis script creates a little table in an indicator below your chart that allows you to view the earnings per share over the last year as well as calculates the year over year earnings per share growth. According to IBD, strong EPS growth is a great indicator of a potential super-performer stock so hopefully this will make it easier to keep an eye on this metric. Note it does not work on things without financial data like crypto, indexes, and ETFs.
ds Revenue, Margins, Earnings TrendsPURPOSE: Looks for trends in Revenue, Margins, Earnings (RME) and provides a quick indication of where to focus your attention. Developed for educational purposes for my Investing Program Students at Everett Community College, Everett, WA.
WHAT IT DOES:
Based on the principle that fundamental trends support technical price trends this indicator intends to help swing and position trading students evaluate the income statement by exposing recent trends in the revenue, margins, and earnings looking at eight quarters of data. It requires three quarters to determine a trend therefore there is a heavy focus on the last three quarters of data. Tools and indicators should be used to "tell something useful" in this case it is specifically is revenue, margins, and earnings expanding, contracting, or flat? Is this movement accelerating or decelerating? Lastly some logic is used to interpret at glance whether this stock warrants a closer look into the fundamentals and technicals of this particular company.
HOW TO:
This is a brief description on how to use this tool
1. TOP ROW: This shows the symbol and then provides a summation indicator (Green Checkmark, Yellow caution triangle, Red X) for each section (Revenue, Margins, Earnings). At a glance shows strength/weakness/concerns.
2. TABLE: You will see 8 quarters of data assuming it is available broken into sections for Revenue, Margins, and Earnings.
3. COLUMNS: The text color red does not denote a negative number and the text color green does not denote a positive number. Rather in the column of data where it is displayed, the green text helps visually show a bullish trend when each value is greater than the prior value and the red text helps visually show a bearish trend when each value is less than the prior value. Yellow background in columns highlights values which should not normally be negative numbers.
4. 3Q TREND ROW: This row analyzes the last three quarters of data in the column to determine if the trend is rising, falling, or flat.
5. 3Q ROCK ROW: This row analyzes the last three quarters of data to determine if the trend is accelerating up, accelerating down, or momentum (MOM) is sideways.
6. BOTTOM ROW INDICATORS: Based on whether the numbers are negative or positive and the trend, This row shows one of the following results:
6a. Green Checkmark is considered acceptable performance.
6b. Yellow Caution Triangle indicates a closer inspection of this columns data is warranted.
6c. Orange Diamond is more serious than the Caution but not as bad as a Red Flag. Extra caution is required here.
6d. Red Flag indicates a warning that undesirable performance characteristics are associated with the data in this column.
Earnings DashboardThe Earnings Dashboard Indicator is a fast way to check the most recent quarterly earnings growth on TradingView.
Colors
The colors should help you get an easy overview of the quarters that are particularly outstanding.
- Earnings /Sales Growth & Surprise >= 20% -> Green
- Earnings /Sales Growth & Surprise <= -20% -> Red
- Net Margin < 5% -> Red
- Net Margin >15% -> Green
Indicator Configuration
- Not available at the moment. Feel free to leave us a comment on TradingView with your idea and we will see what we can do.
Planned Future Update
- Extension with annual (FY) financial data
Happy Trading 📈😎
Important : All data is retrieved using the variables provided by TradingView.
3 Weeks Tight - CANSLIM Technical Indicator3 Weeks Tight - Introduction
3 weeks tight is a bullish continuation pattern discovered by IBD's founder, William O'Neil.
The pattern can used as an opportunity to add to an existing position as it often occurs after a breakout above a cup with handle or other technical pattern.
The 3 weeks tight pattern forms when a stock closes within approximately 1% to 1.5% of the prior week's close for at least two weeks. The reason for the bullishness is that it indciates that investors who moved the stock upward in price since the breakout are not taking profits, the price is holding steady.
The buy point is just above the area of resistance formed at the highs of the three weeks plus 10 cents. The ten cent addition to the price is to ensure a push through the resistance at the high of the range.
Key Points:
It's preferred that closes for each week are in the upper half of the stock's range.
Ideally, volume will increase significantly as the stocks moves past the buy point.
This pattern generally performs best when the market is in an uptrend.
Features:
A configurable horizontal bar that spans the 3 week period.
A vertical band that highlights the tightness pattern.
A label to show the buy price after 3 week tight pattern.
Optional alert when the 3 weeks tight pattern is recognized.
the formation of an uptrendThe scenario adds up the maximum daily increases (i) and maximum daily decreases (l) over a certain period, and if the sum “i” exceeds a certain threshold, and above the sum “l”, then the indicator will work. We wait for a positive candle (1D), and after it we buy stocks (with a leverage of 1: 2), we wait for an increase of 50% (thanks to a positive trend), and sell.
Quarterly High/Low MarksThis utility tool marks the highest and the lowest price of each quarter on the chart. Works everywhere and doesn't use any calls of built-in functions which are used for a data extraction.
Labels provide additional information about closing price and % change for a particular quarter and allow micro customizations.
Monthly High/Low MarksThis utility tool marks the highest and the lowest price of each month on the chart. Works everywhere and doesn't use any calls of built-in functions which are used for a data extraction.
Labels provide additional information about closing price and % change for a particular month and allow micro customizations.
Quarter Open Price LevelThis tool plots a dynamic level that represents the opening price of each quarter .
Labels provide additional information about the closing price and % change for a particular quarter and allow micro customizations.
Month Open Price LevelThis tool plots a dynamic level that represents the opening price of each month.
Labels provide additional information about closing price and % change for a particular month and allow micro customizations.
PEG RatioHello everyone,
Quick script to check the PEG Ratio.
What is PEG Ratio?
The price/earnings to growth ratio (PEG Ratio) is a stock's price-to-earnings (P/E) ratio divided by the growth rate of its earnings for a specified time period. The PEG ratio is used to determine a stock's value while also factoring in the company's expected earnings growth, and is thought to provide a more complete picture than the more standard P/E ratio.
A PEG Ratio greater than 1.0 means that the stock is overvalued, while below 1.0 means is is undervalued. When the PEG Ratio is exactly 1.0, then the stock is trading at fair valuation.
Formula:
PEG Ratio = (Price / EPS) / EPS Growth
Examples:
Company A:
Price per share = $46
EPS this year = $2.09
EPS last year = $1.74
Company B
Price per share = $80
EPS this year = $2.67
EPS last year = $1.78
Company A
P/E ratio = $46 / $2.09 = 22
Earnings growth rate = ($2.09 / $1.74) - 1 = 20%
PEG ratio = 22 / 20 = 1.1
Company B
P/E ratio = $80 / $2.67 = 30
Earnings growth rate = ($2.67 / $1.78) - 1 = 50%
PEG ratio = 30 / 50 = 0.6
The company A is overvalued whiled the B is undervalued.
In this script an overvalued stock is considered when the PEG Ratio is above 1.1, while it is 0.9 for an undervalued stock.
Only works with Stocks.
Happy trading,
Portfolio and Risk Management: Gold Based Net Growth CoefficientHello, if our topic is stocks, whatever signal we get, we have to divide and reduce the risk.
Apart from the risk, we need inflation-free figures to detect a clear growth.
Gold is one of the most successful tools to beat inflation in this regard in the historical context.
When the economy is good, we have to beat both commodities and inflation.
For this purpose, I found it appropriate to develop a net growth factor free from gold growth.
Investors need several stocks with a high growth rate and as much risk-free as possible.
Personally, I think that the science of portfolio and risk management will last a lifetime and should continue.
I think this subject is a research and development subject.(R & D)
My research and publications on this matter will continue publicly.
I wish everyone a good day.
NOTE : You can determine the return in the time period you want to look back by adjusting the period in the rate you want from the menu.
The standard value is 200 days. (1 year)
Coronavirus Cases Doubling Indicator - Days to doubleHello guys! Batcash here!
Since the coronavirus has become a global pandemic, all eyes have been on the efforts to control the growth of the infections.
To help the common masses understand the statistics of exponential growth I have decided to make the Coronavirus growth indicator.
Basically the indicator will give an estimate of how many days are required for the current number of coronavirus cases to double.
So if the indicator lists the current number as 2.6, it means that the current number of coronavirus infections eg. 33272 as of writing in the US will double to 66544 in 2.6 days if the current growth rate persists.
Please use the following search title to search for Confirmed Coronavirus cases (CONFIRMED_)
eg.
CONFIRMED_US - USA
CONFIRMED_KR - South Korea
CONFIRMED_CN - China
CONFIRMED_DE - Germany
The higher the number of days in the indicator, the better!!
Please stay safe and stay informed!
Wish the world a speedy recovery!
Bitcoin Logarithmic Growth Curves & ZonesI found this awesome script from @quantadelic and edited it to be a bit more legible for regular use, including coloured zones and removing the intercept / slope values as variables, to leave space for the fib levels in the indicator display. I hope you all like it.
Year Open Price LevelAn utility tool that plots a dynamic level using the opening price of each year on the chart.
Allows to highlight the change in the price relative to this level.
Yearly High/Low MarksAn utility tool for analysts. It marks the highest and lowest prices for each year down to 1989.
Works everywhere and doesn't use any calls of built-in functions that relate to the data extraction.
AAPL, D
AAPL, M
BLX, D
BLX, W
BLX, M