The Composite Risk Indicator is a financial tool designed to assess market risk by analyzing the spreads between various asset classes. This indicator synthesizes information across six key spreads, normalizing each on a scale from 0 to 100 where higher values represent higher perceived risk. It provides a single, comprehensive measure of market sentiment and risk...
(Extended republication, use this instead of the old one) The goal of this indicator is to show a “characteristic” of the instrument, regarding the price change and trading volume. You can see how the instrument “behaved” throughout the day in the lookback period. I've found this useful for timing in day trading. The indicator creates a table on the chart to...
█ Description Asset price data was time series data, commonly consisting of trends, seasonality, and noise. Many applicable indicators help traders to determine between trend or momentum to make a better trading decision based on their preferences. In some cases, there is little to no clear market direction, and price range. It feels much more appropriate to...
The Normalized Z-Score indicator is designed to help traders identify overbought or oversold conditions in a security's price. This indicator can provide valuable signals for potential buy or sell opportunities by analyzing price deviations from their average values. How It Works : -- Z-Score Calculation: ---- The indicator calculates the Z-Score for both high...
i.imgur.com Alert Before Bar Close ========================== Example Figure Originality and usefulness This indicator/alert mechanism is unique in two ways. First, it provides alerts before the close of a candlestick, allowing time-based traders to prepare early to determine if the market is about to form a setup. Second, it introduces an observation...
The Seasonality Widget tool allows users to easily visualize seasonal trends from various data sources. Users can select different levels of granularity as well as different statistics to express seasonal trends. 🔶 USAGE Seasonality allows us to observe general trends occurring at regular intervals. These intervals can be user-selected from the...
Profitability Power Ratio The Profitability Power Ratio is a financial metric designed to assess the efficiency of a company's operations by evaluating the relationship between its Enterprise Value (EV) and Return on Equity (ROE). This ratio provides insights into how effectively a company generates profits relative to its equity and overall...
Dividend-to-ROE Ratio Indicator The Dividend-to-ROE Ratio indicator offers valuable insights into a company's dividend distribution relative to its profitability, specifically comparing the Dividend Payout Ratio (proportion of earnings as dividends) to the Return on Equity (ROE), a measure of profitability from shareholder equity. Interpretation: 1. Higher...
Fourier Adjusted Average True Range 1. Conceptual Foundation and Innovation The FA-ATR leverages the principles of Fourier analysis to dissect market prices into their constituent cyclical components. By applying Fourier Transform to the price data, the FA-ATR captures the dominant cycles and trends which are often obscured in noisy market data. This...
Understanding the CAPEX Ratio: An Essential Financial Metric Introduction In the world of finance, understanding how companies allocate their resources and reinvest their earnings is crucial for investors and analysts. One fundamental metric used to assess a company's investment behavior is the CAPEX Ratio. This article delves into what the CAPEX Ratio...
Library "Useful_lib_public" Useful functions CountBarsOfDay() count bars for one for the diffrent time frames Returns: number of bars for one day LastBarsOfDay() Index number for the las bar for one day Returns: TRUE is that the last bar from day isTuesday() TRUE is tuesday Returns: TRUE is tuesday else FALSE Rsi(src, len) RSI...
The Dynamic Date and Price Tracker indicator is a simple tool designed for traders to visualize and monitor their trade's progress in real-time from a specified starting point. This tool provides an intuitive graphical representation of your trade's profitability based on a custom entry date and price. Features: -Starting Date Selection: Choose a specific...
The end of month effect is a well known trading strategy in the stock market. Quite simply, most stocks go up at the end of the month. What's even better is that this effect spills over to the next phew days of the next month. In this script we backtest this theory which should work especially well on SP500 pair. By default the strategy buys 2 days before the...
This library is designed to aid traders and developers in calculating risk metrics efficiently across different asset types like equities, futures, and forex. It includes comprehensive functions that calculate the number of units or contracts to trade, the value at risk, and the total value of the position based on provided entry prices, stop levels, and risk...
Analysis of US Net Liquidity: A Comprehensive Overview Introduction: The "US Net Liquidity" indicator offers a detailed analysis of liquidity conditions within the United States, drawing insights from critical financial metrics related to the Federal Reserve (FED) and other government accounts. This tool enables economists to assess liquidity dynamics, identify...
Library "math" It's a library of discrete aproximations of a price or Series float it uses Fourier Discrete transform, Laplace Discrete Original and Modified transform and Euler's Theoreum for Homogenus White noice operations. Calling functions without source value it automatically take close as the default source value. Here is a picture of Laplace and...
🟧 GENERAL The script works on the Monthly Timeframe and has 2 main settings (explained in FEATURES ). It uses the US CPI data, reported by the Bureau of Labour Statistics. 🔹Functionality 1: The main idea is to plot the distance between the CPI line and the 5 year moving average of the CPI line. This technique in mathematics is called "deviation from the moving...
🔵 Introduction The "Refinement" feature allows you to adjust the width of the order block according to your strategy. There are two modes, "Aggressive" and "Defensive," in the "Order Block Refine". The difference between "Aggressive" and "Defensive" lies in the width of the order block. For risk-averse traders, the "Defensive" mode is suitable as it provides a...