Random Entries Work!" tHe MaRkEtS aRe RaNdOm ", say moron academics.
The purpose of this study is to show that most markets are NOT random! Most markets show a clear bias where we can make such easy money, that a random number generator can do it.
=== HOW THE INDICATOR WORKS ===
The study will randomly enter the market
The study will randomly exit the market if in a trade
You can choose a Long Only, Short Only, or Bidirectional strategy
=== DEFAULT VALUES AND THEIR LOGIC ===
Percent Chance to Enter Per Bar: 10%
Percent Chance to Exit Per Bar: 3%
Direction: Long Only
Commission: 0
Each bar has a 10% chance to enter the market. Each bar has a 3% to exit the market . It will only enter long.
I included zero commission for simplification. It's a good exercise to include a commission/slippage to see just how much trading fees take from you.
=== TIPS ===
Increasing "Percent Chance to Exit" will shorten the time in a trade. You can see the "Avg # Bars In Trade" go down as you increase. If "Percent Chance to Exit" is too high, the study won't be in the market long enough to catch any movement, possibly exiting on the same bar most of the time.
If you're getting the red screen, that means the strategy lost so much money it went broke. Try reducing the percent equity on the Properties tab.
Switch the start year to avoid/minimize black swan events like the covid drop in 2020.
=== FINDINGS ===
Most markets lose money with a "Random" direction strategy.
Most markets lose ALL money with a "Short Only" strategy.
Most markets make money with a "Long Only" strategy.
Try this strategy on: Bitcoin (BTCUSD) and the NASDAQ (QQQ).
There are two popular memes right now: "Bitcoin to the moon" and "Stocks only go up". Both are seemingly true. Bitcoin was the best performing asset of the 2010's, gaining several billion percent in gains. The stock market is on a 100 year long uptrend. Why? BECAUSE FIAT CURRENCIES ALWAYS GO DOWN! This is inflation. If we measure the market in terms of others assets instead of fiat, the Long Only strategy doesn't work anymore (or works less well).
Try this strategy on: Bitcoin/GLD (BTCUSD/GLD), the Eurodollar (EURUSD), and the S&P 500 measured in gold (SPY/GLD).
Bitcoin measured in gold (BTCUSD/GLD) still works with a Long Only strategy because Bitcoin increased in value over both USD and gold.
The Eurodollar (EURUSD) generally loses money no matter what, especially if you add any commission. This makes sense as they are both fiat currencies with similar inflation schedules.
Gold and the S&P 500 have gained roughly the same amount since ~2000. Some years will show better results for a long strategy, while others will favor a short strategy. Now look at just SPY or GLD (which are both measured in USD by default!) and you'll see the same trend again: a Long Only strategy crushes even when entering and exiting randomly.
=== " JUST TELL ME WHAT TO DO, YOU NERD! " ===
Bulls always win and Bears always lose because fiat currencies go to zero.
You're not underperforming a random number generator, are you?
Cari dalam skrip untuk "spy"
EMA_cumulativeVolume_crossover[Strategy V2]This is variation of EMA_cumulativeVolume_crossover strategy.
instead of cumulative volume crossover, I have added the EMA to cumulative volume of same EMA length.
when EMA crossover EMACumulativeVolume , BUY
when already in LONG position and price crossing over EMACumulativeVolume*2 (orange line in the chart) , Add more
Partial Exit , when RSI 5 crossdown 90
Close All when EMA cross down EMACumulativeVolume
Note
Black Line on the chart is the historical value of EMACumulativeVolume . when EMA area is green and price touch this line closes above it , you can consider consider BUY
I have tested it on SPY , QQQ and UDOW on hourly chart.
EMA setting 25 is working for all of these.
but SPY produces better results on EMA 35 setting
warning
This strategy is published educational purposes only.
Divergence of Stocks Above MA50 v.s. US-Stock MarketEnglish:
This indicator has been developed as an early warning tool to estimate the probability of correction in the US stock market. It works best in the daily chart.
Function:
1.) "Index-line"
The underlying stock index is converted to a scale between 0% and 100% based on its 52-week highs and lows. Where 100% is closing price at 52-week high and 0% is closing price at 52-week low.
2nd) "Stocks Above MA50".
For each major stock index, there is an index that determines the percentage of stocks above its 50 moving average. For example, for the S&P 500, this is the S5FI.
3) "Divergence
In an efficient market, both lines (index and number of stocks above the 50 MA) would run more or less in sync. A new high in the index would also mean a new high in the stocks trading above the 50 moving average. Often, however, a correction in the index is announced when the number of stocks trading above their 50 MA do not make a new, or even a lower, high while the underlying index marks a new high. The divergence signal measures this divergence of the indices. The higher the bar, the more pronounced the divergence.
How to read the indicator?
If a divergence occurs, then the stops should be tightened. As with any indicator, false signals can occur because a divergence does not automatically lead to a correction. The higher the divergence is indicated, the higher the probability. The strength of a correction cannot be predicted with the indicator.
For which symbols does the indicator work?
The indicator works exclusively for the following symbols:
S&P500: SPX, SPY, ES1!, US500 Index above MA50: S5FI
Russel2000: IWM, US2000, RTY1!, RUT, IWO Index above MA50: R2FI
NASDAQ100: NDX, NAS100, NQ1!, US100, QQQ Index above MA50: NDFI
NASDAQ: IXIC, ONEQ, QCN1!, NDAQ Index above MA50: NCFI
NYSE: XAX, NYA Index above MA50: MMFI
DowJones100: DJX, DJI, DIA, MYM1!, YM1! Index above MA50: DIFI
DowJonesComp: DOW, IYY Index above MA50: DCFI
Deutsch:
Dieser Indikator ist als Frühwarninstrument zur Einschätzung der Korrekturwahrscheinlichkeit im US-Aktienmarkt entwickelt worden. Er funktioniert am besten im Tages-Chart.
Funktion:
1.) „Index-line“
Der zugrunde liegende Aktienindex wird bezogen auf seine 52Wochen Hochs und Tiefs in eine Skala zwischen 0% und 100% umgerechnet. Dabei sind 100% Schlusskurs auf 52-Wochen Hoch und 0% Schlusskurs auf 52-Wochen Tief.
2.) „Stocks Above MA50“
Zu jedem Hauptaktienindex gibt es einen Index, der den Prozentwert der Aktien über Ihrem 50 gleitenden Durchschnitt ermittelt. Beim S&P 500 ist das z.B. der S5FI.
3.) „Divergence“
In einem effizienten Markt würden beide Linien (Index und Anzahl Aktien über dem 50 MA) mehr oder weniger synchron laufen. Ein neues Hoch im Index würde auch ein neues Hoch bei den Aktien, die über dem 50 gleitenden Durchschnitt notieren, bedeuten. Oft jedoch kündigt sich eine Korrektur im Index an, wenn die Anzahl der Aktien, die über ihrem 50 MA notieren kein neues, oder sogar ein niedrigeres Hoch machen, während der zu Grunde liegende Index ein neues Hoch markiert. Das Divergenz-Signal misst diese auseinanderlaufen der Indices. Je höher der Balken, umso stärker ist die Divergenz ausgeprägt.
Wie ist der Indikator zu lesen?
Wenn eine Divergenz auftritt, dann sollten die Stopps enger herangezogen werden. Es kann wie bei jedem Indikator zu Fehlsignalen kommen, da eine Divergenz nicht automatisch zu einer Korrektur führen muss. Die Wahrscheinlichkeit ist um so höher, je höher die Divergenz angezeigt wird. Die Stärke einer Korrektur kann mit dem Indikator nicht prognostiziert werden.
Für welche Symbole funktioniert der Indikator?
Der Indikator funktioniert ausschließlich für folgende Symbole:
S&P500: SPX, SPY, ES1!, US500 Index über MA50: S5FI
Russel2000: IWM, US2000, RTY1!, RUT, IWO Index über MA50: R2FI
NASDAQ100: NDX, NAS100, NQ1!, US100, QQQ Index über MA50: NDFI
NASDAQ: IXIC, ONEQ, QCN1!, NDAQ Index über MA50: NCFI
NYSE: XAX, NYA Index über MA50: MMFI
DowJones100: DJX, DJI, DIA, MYM1!, YM1! Index über MA50: DIFI
DowJonesComp: DOW, IYY Index über MA50: DCFI
Indices trendsAccording to the Dow theory, indices must confirm each other. Based on this idea, I develop an indices trends indicator, including SPY, DIA, and QQQ. The indices trends were calculated based on the average of the short- (blue) and intermediate-term (orange) changes of indices moving average slopes. In addition, IWM trends are shown as a reference in gray color.
Use this indicator together with one of SPY, DIA, QQQ, or IWM to show the overall market conditions.
Trendflex - Another new Ehlers indicatorSource: Stocks and Commodities V38
Hooray! Another new John Ehlers indicator!
John claims this indicator is lag-less and uses the SPY on the Daily as an example.
This indicator is a slight modification of Reflex, which I have posted here
I think it's better for Stocks and ETFs than Reflex since it factors in long trends. It tends to keep you in winning trades for a long time.
I believe this indicator can be used for entries or exits, potentially both.
Entry
1. Entering Long positions at the pivot low points (Stocks and ETFs)
2. Entering Long when the Reflex crosses above the zero lines (Stocks, ETFs, Commodities )
Exit
1. Exiting Long positions at a new pivot high point (Stocks and ETFs)
2. Exiting Long when the Reflex crosses below the zero lines (Stocks, ETFs, Commodities )
In this example, I place a Long order on the SPY every time the Reflex crosses above the zero level and exit when it crosses below or pops my stop loss, set at 1.5 * Daily ATR.
2/3 Wins
+16.05%
Let me know in the comment section if you're able to use this in a strategy.
Reflex - A new Ehlers indicatorSource: Stocks and Commodities V38
Hooray! A new John Ehlers indicator!
John claims this indicator is lag-less and uses the SPY on the Daily as an example.
He states that drawing a line from peak to peak (or trough to trough) will correspond perfectly with the Asset.
I have to say I agree! There is typically one bar of lag or no lag at all!
I believe this indicator can be used for either entries or exits, but not both.
Entry
1. Entering Long positions at the pivot low points (Stocks and ETFs)
2. Entering Long when the Reflex crosses above the zero lines (Stocks, ETFs, Commodities)
Exit
1. Exiting Long positions at a new pivot high point (Stocks and ETFs)
2. Exiting Long when the Reflex crosses below the zero lines (Stocks, ETFs, Commodities)
In this example, I place a Long order on the SPY every time the Reflex crosses above the zero level and exit when it crosses below or pops my stop loss, set at 1.5 * Daily ATR.
4/6 Wins
+10.76%
For me, that's good enough to create a strategy and backtest on several Indices and ETFs, which is what I have a hunch this will work on.
I think there is a lot of promise from a single Indicator!
Let me know in the comment section if you're able to use this in a strategy.
Hide Extended Hours/non-intraday American BarsOnly works with American bar style.
Not works with Candles.
--------
This script can hide the extended hours/non-intraday bars and leave the intraday bars only, especially for future users, such as ES/NQ/RTY/YM, etc.,.
Now you can find the intraday support/resistance quite easily!
Example, as a ES investor, you can easily find the intraday support/resistance level ,which is almost equal to SPY / SPX , no longer need to check SPY / SPX separately again, saving your time a lot.
--------
IMPORTANT INSTRUCTION
In order to make the script work, you have to bring it to the most top visual layer.
Please do as the following steps:
Add the script to chart
Hover mouse on the script name, and tap the right-most 'more' button (which appears as 3 dots)
Select "Visual Order", then select "Bring to front".
Done!
Also, in order to have a better view effect and make the bars COMPLETELY "Hidden", you can adjust the hidden bar color in the "setting" menu to the exact color of your chart background.
Swing-Trade-Stocks SystemThis is a simple swing trade system inspired by sources on the internet. The rules are as follows:
Buy when first green arrow appears after 10ma above 30ma
Set stop-loss below most recent support
Set take-profit below most recent swing point high or wait until price closes below 30ma (red)
Short when first purple arrow appears after 10ma below 30ma
Set stop-loss above most recent resistance
Set take-profit above most recent swing point low or wait until price closes above 30ma (red)
The background color changes based on the direction of SPY. If SPY is going down (10ma < 30ma) the
background will be red and only short indicators (purple arrows) will appear. If SPY is going up (10ma > 30ma),
the background will be green and only long indicators (green arrows) will appear.
Happy trading!
Market Internals [Makit0] MARKET INTERNALS INDICATOR v0.5beta
Market Internals are suitable for day trade equity indices, named SPY or /ES, please do your own research about what they are and how to use them
This scripts plots the NYSE market internals charts as an indicator for an easy and full visualization of market internal structure all in one chart, useful for SPY and /ES trading
Description of the Market Internals
- TICK: NYSE stocks ticking up vs stocks ticking down, extreme values may point to trend continuation on trending days or reversal in non trending days, example of extreme values can be 800 and 1000
- ADD: NYSE stocks going up vs stocks going down, if price auctions around the zero line may be a non trend day, otherwise may be a trend day
- VOLD: NYSE volume of stocks up vs volume of stocks going down, identify clearly where the volume is going, as example if volume is flowing down may be a good idea no to place longs
- TRIN: NYSE up stocks vs down stocks ratio divided by up volume vs down volume ratio. A value of 1 indicates parity, below that the strength is on the long side, above the strength is in the short side.
A basic use of market internals may be looking for divergences, for example:
- /ES is trading in a range but ADD and VOLD are trending up nonstop, may /ES will break the range to the upside
- /ES is trading in a range and ADD and VOLD are trading around the zero line but got an extreme reading on TICK, may be a non trending day and the TICK extreme reading is at one of the extremes of the /ES range, may be a good probability trade to fade that move
- /ES is trading in a trend to the downside, ADD and VOLD too, you catch a good portion of the move but are fearful to flat and miss more gains, you see in the TICK a lot of extreme values below -800 so your're confident in the continuation of the downtrend, until the TICK goes beyond -1000 and you use that signal to go flat
Market internals give you context and confirmation, price in /ES may be trending but if market internals do not confirm the move may a reversal is on its way
Price is an advertise, you can see the real move in the structure below, in the behavior of the individual components of the market, those are the real questions:
- How many stocks are going up/down (ADD)
- How many volume is flowing up/down (VOLD)
- How many stocks are ticking up/down (TICK)
- What is the overall volume breath of the market (TRIN)
FEATURES:
- Plot one of the four basic market internal indices: TICK, ADD, VOLD and TRIN
- Show labels with values beyond an user defined threshold
- Show ZERO line
- Show user defined Dotted and Dashed lines
- Show user defined moving average
SETTINGS:
- Market internal: ticker to plot in the indicator, four options to choose from (TICK, ADD, VOLD and TRIN)
- Labels threshold: all values beyond this will be ploted as labels
- Dot lines at: two dotted lines will be plotted at this value above and below the zero line
- Dash lines at: two dashed lines will be plotted at this value above and below the zero line
- MA type: two options avaiable SMA (Simple Moving Average) or EMA (Exponential Moving Average)
- MA length: number of bars to calculate the moving average
- Show zero line: show or hide zero line
- Show dot line: show or hide dotted lines
- Show dash line: show or hide dashed lines
- Show labels: show or hide labels
GOOD LUCK AND HAPPY TRADING
Hide extended hours/non-intraday barsEspecially for future users, such as ES/NQ/RTY/YM, etc., this script can hide the extended hours/non-intraday bars and leave the intraday bars only.
With this script , you can find the intraday support/resistance quite easily!
Example, if you are a ES investor, you can easily find the intraday support/resistance level ,which is almost equal to SPY, with this script, and no need to check SPY separately again , saving your time a lot.
Note: Please couple this script with American Bars. If you use candle charts, the upper/lower pins of the candle can't be hidden with the bars together, which is restricted by the code editor itself...
Kozlod - RSI Strategy - 1 minuteStarted to play with very simple strategies. Trying to find ones with optimal parameters which work well for certain symbols/timeframe.
Found that basic RSI strategy without any position management with high RSI length (65 in this script) works pretty good for 1m chart for few stocks.
It's also not bad for AAPL , SPY .
It might not work very good on it's not but can give you a pretty good base for more complicated indicators.
And remember:
Past performance does not guarantee future results.
Willams %RwEMAspy
Was looking for something else when surfed into an old question
wanting %R 21 period with EMA 13 period of the %R signal
and being a rookie at this, made this code to post for them.
Tried to comment the script in such a way that other rookies
like me could make better sense of what is being done. Hope
this helps someone. I find it useful as one of my indicators for
trading.
Pinescript for tradingview.com user Tom1trader
All time frames.
Interpretation:
%R (Red) crosses above it's average (Blue) - bull
%R crosses below it's average - bear. Background
color changes green-up red-down with above crossings.
Most but not all of serious price movement takes place
from the time the %R (red) goes into oversold (or bought) and
exits again.
%R centerline crosses can also be useful.
I use various indicators and want all of the confirmation
that I can get for expectations BUT I never know what the
next bar will do and define my risks accordingly.
Sectors Relative Strength Normal DistributionI wrote this indicator as an attempt to see the Relative Strengths of different sectors in the same scale, but there is also other ways to do that.
This indicator plots the normal distribution for the 10 sectors of the SPY for the last X bars of the selected resolution, based on the selected comparative security. It shows which sectors are outperforming and underperforming the SPY (or any other security) relatively to each other by the given deviation.
MarketRSThe strength of a stock relative to the market (SPY) is an import indicator accumulation of a stock by institutionan funds, especially during a market decline. This indicator plot the ratio of a security/SPY and plots a fast (5 period) and slow (21 period) EMA.
Options Strategy V1.3📈 Options Strategy V1.3 — EMA Crossover + RSI + ATR + Opening Range
Overview:
This strategy is designed for short-term directional trades on large-cap stocks or ETFs, especially when trading options. It combines classic trend-following signals with momentum confirmation, volatility-based risk management, and session timing filters to help identify high-probability entries with predefined stop-loss and profit targets.
🔍 Strategy Components:
EMA Crossover (Fast/Slow)
Entry signals are triggered by the crossover of a short EMA above or below a long EMA — a traditional trend-following method to detect shifts in momentum.
RSI Filter
RSI confirms the signal by avoiding entries in overbought/oversold zones unless certain momentum conditions are met.
Long entry requires RSI ≥ Long Threshold
Short entry requires RSI ≤ Short Threshold
ATR-Based SL & TP
Stop-loss is set dynamically as a multiple of ATR below (long) or above (short) the entry price.
Take-profit is placed as a ratio (TP/SL) of the stop distance, ensuring consistent reward/risk structure.
Opening Range Filter (Optional)
If enabled, the strategy only triggers trades after price breaks out of the 09:30–09:45 EST range, ensuring participation in directional moves.
Session Filters
No trades from 04:00 to 09:30 and from 16:00 to 20:00 EST, avoiding low-liquidity periods.
All open trades are closed at 15:55 EST, to avoid overnight risk or expiration issues for options.
⚙️ Built-in Presets:
You can choose one of the built-in ticker-specific presets for optimal conditions:
Ticker EMAs RSI (Long/Short) ATR SL×ATR TP/SL
SPY 8/28 56 / 26 14 1.4× 4.0×
TSLA 23/27 56 / 33 13 1.4× 3.6×
AAPL 6/13 61 / 26 23 1.4× 2.1×
MSFT 25/32 54 / 26 14 1.2× 2.2×
META 25/32 53 / 26 17 1.8× 2.3×
AMZN 28/32 55 / 25 16 1.8× 2.3×
You can also choose "Custom" to fully configure all parameters to your own market and strategy preferences.
📌 Best Use Case:
This strategy is especially suited for intraday options trading, where timing and risk control are critical. It works best on liquid tickers with strong trends or clear breakout behavior.
Volatility Index Percentile Risk STOCK StrategyVolatility-Index Percentile Risk STOCK Strategy
──────────────────────────────────────────────
PURPOSE
• Go long equities only when implied volatility (from any VIX-style index) is in its quietest percentile band.
• Scale stop-loss distance automatically with live volatility so risk stays proportional across timeframes and market regimes.
HOW IT WORKS
1. Pull the closing price of a user-selected volatility index (default: CBOE VIX, Nasdaq VXN, etc.).
2. Compute its 1-year (252-bar) percentile.
– If percentile < “Enter” threshold → open / maintain long.
– If percentile > “Exit” threshold → flatten.
3. Set the stop-loss every bar at:
SL % = (current VIX value) ÷ Risk Divisor
(e.g., VIX = 20 and divisor = 57 → 0.35 % SL below entry).
This keeps risk tighter when volatility is high and looser when it’s calm.
USER INPUTS
• VIX-style Index — symbol of any volatility index
• Look-back — length for percentile (default 252)
• Enter Long < Percentile — calm-market trigger (default 15 %)
• Exit Long > Percentile — fear trigger (default 60 %)
• Risk Divisor (SL) — higher number = tighter stop; start with 57 on 30-min charts
• Show Debug Plots — optional visibility of percentile & SL%
RECOMMENDED BACK-TEST SETTINGS
• Timeframe: 30 min – Daily on liquid stocks/ETFs highly correlated to the chosen VIX.
• Initial capital: 100 000 | Order size: 10 % of equity
• Commission: 0.03 % | Slippage: 5 ticks
• Enable *Bar Magnifier* and *Fill on bar close* for realistic execution.
ADDITIONAL INFORMATION
• **Self-calibrating risk** – no static ATR or fixed %, adapts instantly to changing volatility.
• **Percentile filter** – regime-aware entry logic that avoids false calm periods signalled by raw VIX levels.
• **Timeframe-agnostic** – works from intraday to weekly; √T-style divisor lets you fine-tune stops quickly ,together with the percentiles and days length.
• Zero look-ahead.
CAVEATS
• Long-only; no built-in profit target. Add one if your plan requires fixed R:R exits.
• Works best on indices/stocks that move with the selected vol index.
• Back-test results are educational; past performance never guarantees future returns.
LICENSE & CREDITS
Released under the Mozilla Public License 2.0.
Inspired by academic research on volatility risk premia and mean-reversion.
DISCLAIMER
This script is for informational and educational purposes only. It is **not** financial advice. Use at your own risk.
Mongoose Conflict Risk Radar v1.1 (Separate Panel) description
The Mongoose Capital: Risk Rotation Index is a macro market sentiment tool designed to detect elevated risk conditions by aggregating signals across key asset classes.
This script evaluates trend strength across 8 ETFs representing major risk-on and risk-off flows:
GLD – Gold
VIXY – Volatility
TLT – Long-Term Bonds
SPY – S&P 500
UUP – U.S. Dollar Index
EEM – Emerging Markets
SLV – Silver
FXI – China Large-Cap
Each asset is assigned a binary signal based on price position vs. its 21-period SMA (or a crossover for bonds). The signals are then totaled into a composite Risk Rotation Score, plotted as a bar graph.
How to Use
0–2 = Low risk-on behavior
3–4 = Caution / Mixed regime
5–8 = Elevated conflict or macro stress
Use this as a macro confirmation layer for trend entries, risk reduction, or allocation shifts.
Alerts
Set alerts when the index exceeds 5 to track major rotations into defensive assets.
OG TTM Histogram [Elite Edition] © 2025🧠 OG TTM Histogram Elite © 2025 | by OG WEALTH™
Built for sniper entries, this enhanced TTM Squeeze indicator includes:
• 🎯 Histogram Momentum Bars (Smoothed)
• ⚫ Black Dots = Squeeze Building (tight coil)
• 🟢 Green Dots = Squeeze Released (entry zone forming)
• 🔺/🔻 Entry Arrows based on Momentum + MTF Confirmation
• ⏱️ Customizable MTF Settings
• 🏷️ Compact Top-Right Squeeze Status Tag
• 🔔 Audio + Push Alerts for all major signals
Perfect for SPY, TSLA, AAPL, and crypto breakout traders.
Ideal for scalping, intraday, and swing strategies.
Aftershock Playbook: Stock Earnings Drift EngineStrategy type
Event-driven post-earnings momentum engine (long/short) built for single-stock charts or ADRs that publish quarterly results.
What it does
Detects the exact earnings bar (request.earnings, lookahead_off).
Scores the surprise and launches a position on that candle’s close.
Tracks PnL: if the first leg closes green, the engine automatically re-enters on the very next bar, milking residual drift.
Blocks mid-cycle trades after a loss until the next earnings release—keeping the risk contained to one cycle.
Think of it as a sniper that fires on the earnings pop, reloads once if the shot lands, then goes silent until the next report.
Core signal inputs
Component Default Purpose
EPS Surprise % +0 % / –5 % Minimum positive / negative shock to trigger longs/shorts.
Reverse signals? Off Quick flip for mean-reversion experiments.
Time Risk Mgt. Off Optional hard exit after 45 calendar days (auto-scaled to any TF).
Risk engine
ATR-based stop (ATR × 2 by default, editable).
Bar time stop (15-min → Daily: Have to select the bar value ).
No pyramiding beyond the built-in “double-tap”.
All positions sized as % of equity via Strategy Properties.
Visual aids
Yellow triangle marks the earnings bar.
Diagnostics table (top-right) shows last Actual, Estimate, and Surprise %.
Status-line tool-tips on every input.
Default inputs
Setting Value
Positive surprise ≥ 0 %
Negative surprise ≤ –5 %
ATR stop × 2
ATR length 50
Hold horizon 350 ( 1h timeframe chart bars)
Back-test properties
Initial capital 10 000
Order size 5 % of equity
Pyramiding 1 (internal re-entry only)
Commission 0.03 %
Slippage 5 ticks
Fills Bar magnifier ✔ · On bar close ✔ · Standard OHLC ✔
How to use
Add the script to any earnings-driven stock (AAPL, MSFT, TSLA…).
Turn on Time Risk Management if you want stricter risk management
Back-test different ATR multipliers to fit the stock’s volatility.
Sync commission & slippage with your broker before forward-testing.
Important notes
Works on every timeframe from 15 min to 1 D. Sweet spot around 30min/1h
All request.earnings() & request.security() calls use lookahead_off—zero repaint.
The “double-tap” re-entry occurs once per winning cycle to avoid drift-chasing loops.
Historical stats ≠ future performance. Size positions responsibly.
🕵️ Spy StepRange Hybrid v2.0NOW THATS I WANT! OH yaaaaaaaaaaaaaa aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa aaaaaaaaaaaaaaaaaaaaaaaaa
Yelober - Sector Rotation Detector# Yelober - Sector Rotation Detector: User Guide
## Overview
The Yelober - Sector Rotation Detector is a TradingView indicator designed to track sector performance and identify market rotations in real-time. It monitors key sector ETFs, calculates performance metrics, and provides actionable stock recommendations based on sector strength and weakness.
## Purpose
This indicator helps traders identify when capital is moving from one sector to another (sector rotation), which can provide valuable trading opportunities. It also detects risk-off conditions in the market and highlights sectors with abnormal trading volume.
## Table Columns Explained
### 1. Sector
Displays the sector name being monitored. The indicator tracks six primary sectors plus the S&P 500:
- Energy (XLE)
- Financial (XLF)
- Technology (XLK)
- Consumer Staples (XLP)
- Utilities (XLU)
- Consumer Discretionary (XLY)
- S&P 500 (SPY)
### 2. Perf %
Shows the daily percentage performance of each sector ETF. Values are color-coded:
- Green: Positive performance
- Red: Negative performance
Positive values display with a "+" sign (e.g., +1.25%)
### 3. RSI
Displays the Relative Strength Index value for each sector, which helps identify overbought or oversold conditions:
- Values above 70 (highlighted in red): Potentially overbought
- Values below 30 (highlighted in green): Potentially oversold
- Values between 30-70 (highlighted in blue): Neutral territory
### 4. Vol Ratio
Shows the volume ratio, which compares today's volume to the average volume over the lookback period:
- Values above 1.5x (highlighted in yellow): Indicates abnormally high trading volume
- Values below 1.5x (highlighted in blue): Normal trading volume
This helps identify sectors with unusual activity that may signal important price movements.
### 5. Trend
Displays the current price trend direction with symbols:
- ▲ (green): Uptrend (today's close > yesterday's close)
- ▼ (red): Downtrend (today's close < yesterday's close)
- ◆ (gray): Neutral (today's close = yesterday's close)
## Summary & Recommendations Section
The summary section provides:
1. **Sector Rotation Detection**: Identifies when there's a significant performance gap (>2%) between the strongest and weakest sectors.
2. **Risk-Off Mode Detection**: Alerts when defensive sectors (Consumer Staples and Utilities) are positive while Technology is negative, which often signals investors are moving to safer assets.
3. **Strong Volume Detection**: Indicates when any sector shows abnormally high trading volume.
4. **Stock Recommendations**: Suggests specific stocks to consider for long positions (from the strongest sectors) and short positions (from the weakest sectors).
## Example Interpretations
### Example 1: Sector Rotation
If you see:
- Technology: -1.85%
- Financial: +2.10%
- Summary shows: "SECTOR ROTATION DETECTED: Rotation from Technology to Financial"
**Interpretation**: Capital is moving out of tech stocks and into financial stocks. This could be due to rising interest rates, which typically benefit banks while pressuring high-growth tech companies. Consider looking at financial stocks like JPM, BAC, and WFC for potential long positions.
### Example 2: Risk-Off Conditions
If you see:
- Consumer Staples: +0.80%
- Utilities: +1.20%
- Technology: -1.50%
- Summary shows: "RISK-OFF MODE DETECTED"
**Interpretation**: Investors are seeking safety in defensive sectors while selling growth-oriented tech stocks. This often occurs during market uncertainty or ahead of economic concerns. Consider reducing exposure to high-beta stocks and possibly adding defensive names like PG, KO, or NEE.
### Example 3: Volume Spike
If you see:
- Energy: +3.20% with Volume Ratio 2.5x (highlighted in yellow)
- Summary shows: "STRONG VOLUME DETECTED"
**Interpretation**: The energy sector is making a strong move with significantly higher-than-average volume, suggesting conviction behind the price movement. This could indicate the beginning of a sustained trend in energy stocks. Consider names like XOM, CVX, and COP.
## How to Use the Indicator
1. Apply the indicator to any chart (works best on daily timeframes).
2. Customize settings if needed:
- Timeframe: Choose between intraday (60 or 240 minutes), daily, or weekly
- Lookback Period: Adjust the historical comparison period (default: 20)
- RSI Period: Modify the RSI calculation period (default: 14)
3. To refresh the data: Click the settings icon, increase the "Click + to refresh data" counter, and click "OK".
4. Identify opportunities based on sector performance, RSI levels, volume ratios, and the summary recommendations.
This indicator helps traders align with market rotation trends and identify which sectors (and specific stocks) may outperform or underperform in the near term.
SHYY TFC SPX Sectors list This script provides a clean, configurable table displaying real-time data for the major SPX sectors, key indices, and market sentiment indicators such as VIX and the 10-year yield (US10Y).
It includes 16 columns with two rows:
* The top row shows the sector/asset symbol.
* The bottom row shows the most recent daily close price.
Each price cell is dynamically color-coded based on:
* Direction (green/red) during regular trading hours
* Separate colors during extended hours (pre-market or post-market)
* VIX values greater than 30 trigger a distinct background highlight
Users can fully control the position of the table on the chart via input settings. This flexibility allows traders to place the table in any screen corner or center without overlapping key price action.
The script is designed for:
* Monitoring broad market health at a glance
* Understanding sector performance in real-time
* Spotting risk-on/risk-off behavior (via SPY, QQQ, VIX, US10Y)
Unlike traditional watchlists, this table visually encodes directional movement and trading session context (regular vs. extended hours), making it highly actionable for intraday, swing, or macro-level analysis.
All data is pulled using `request.security()` on daily candles and uses pure Pine logic without external dependencies.
To use:
1. Add the indicator to your chart.
2. Adjust the table position via the input dropdown.
3. Read sector strength or weakness directly from the table.
Options Betting Range - FixedOptions Betting Range
Options Betting Range is a powerful TradingView indicator designed to streamline options trading by visualizing high-probability price ranges for key symbols. With automated trendlines and clear labels, it empowers traders to make precise, data-driven decisions based on customizable prediction and execution dates.
## Key Features
Broad S&P 500 Coverage: Supports most S&P 500 stock symbols, excluding those with insufficient options volume for reliable data, alongside major ETFs and indices like SPY, IWM, QQQ, DIA, TLT, ^GSPC, ^IXIC, ^RUT, ^NDX, and ^SOX.
Automated Trendlines: Plots dashed and solid trendlines to mark high/low price boundaries, triggered only on specified prediction dates for clean, uncluttered charts.
Customizable Inputs: Configure prediction and execution dates to align with your trading strategy.
Clear Visuals: Color-coded labels (green for highs, purple for lows) display price ranges and percentage spreads for rapid decision-making.
Single-Execution Logic: Draws trendlines once per prediction date, ensuring chart clarity and efficiency.
## How It Works
Based on the latest daily open interest data, the indicator calculates swing ranges for different strike dates, drawing trendlines and labels to visualize potential price boundaries for options trading.
## Why Use It?
Streamlined Analysis: Automates range visualization, saving time and reducing manual charting.
Strategic Clarity: Objective price levels minimize emotional bias and enhance trade planning.
Versatile Application: Ideal for day traders, swing traders, and options strategists across multiple markets.
## Tips for Best Use
Regular Updates: To maintain the accuracy of options betting ranges, periodically update the indicator. On the view page, hover over the indicator name and click the blue whirlwind icon to complete the update.
## Get Started
Add Options Betting Range to your TradingView chart, select a supported symbol, and customize your prediction/execution dates. Leverage the visualized price ranges to execute precise options trading strategies with confidence.
