This script looks to experiment with historical portfolio performance. However, a hypothetical cash balance is not used; weighted percentage increases and decreases are used.
You can select up to 10 assets to include in the portfolio. Long and short positions are possible.
Show in the image are the portfolio's weight, the total return of the...
This script is meant to help verify the existence of a seasonal effect in asset returns, using a Z-test. There are three steps:
1. Think of a way to identify a season. The available methods are: by month, by week of the year, by day of the month, by day of the week, by hour of the day, and by minute of the hour.
2. Set the chart to the unit of your season. For...
This was a simple indicator to indicate the heatmap area of an asset price, in a relative given time period. In default the lookback period was set to 50 bars, indicating the current state of the price within the previous lookback period. The color scheme was using the rainbow palette, which set blue as the cooling-off area, and red as the heating...
Hello there, fellow traders!
So, happy to bring you a new, free tool: my Risk Manager Essentials .
(To use it, click on "Add to favorite indicators" below, and then look for it in your charts’ "Indicators & Strategies" dialog window, inside "Favorites" tab.)
The main objective of this indicator is to help and incentivize as many traders as possible to...
Data Panel to display different data points for the asset being traded:
ADX: Display the ADX period, value and color code based on trend strength (default: 5)
green: ADX > 30
lime: ADX > 50
yellow: ADX > 80
RSI (slow period): Display the short period RSI value and color code based on OB/OS settings (default: 14 period)
Up Arrow: RSI slow period rising and in...
To visually evaluate the percentage change in price over any time period
This handsome indicator shows exact % price change at each candle by displaying a circle at the level of the change. To read numerical value, point at the circle of the relevant bar corresponding to the candle you are interested in, and look at the scale.
Magic Nine Turns formerly known as Tom Demark Sequential (TDS) is a soft built-in technical indicator for many stocks software, but before using it, you must understand its market meaning and confirm whether it is suitable for your own trading style. TDS adopts the left-hand trading concept of "buy when the market is fearful and sell when the...
This is inspired by some online free webinars. Didn't pay for the strategy/ course. I just figured it out myself. So there might be problem with this strategy.
Theory: It is based on something called cointegrated. Cointegration means the difference between 2 securities are stable in long term. When the difference is bigger / smaller than normal, then there is...
The Altman Z-score is the output of a credit-strength test that gauges a publicly traded manufacturing company's likelihood of bankruptcy. The Altman Z-score is a formula for determining whether a company, notably in the manufacturing space, is headed for bankruptcy.
The possibility of financial failure or bankruptcy of the...
An indicator that lets you visualize the historical Yearly Percentage returns of any symbol .
Displays the yearly returns from start to end of each year
Displays a table showing all yearly returns for current symbol
Displays start of each year as a vertical line
Displays up to 5 custom horizontal levels
This is an indicator to determine ATH, ATL and ATX:
ATH - All time high
ATL - All time low
ATX - All time X
X to ATH - how many X is possible to get when reach ATH
ATH from X - how many X is already archieved from ATL
How to use:
Select any market and see abovementioned parameters.
You may alter initial date to start from in the settings.
Ideal to see the overvaluation or undervaluation of the market observing the structural divergences.
You can also do your technical analysis on this structure, helping to understand the total market.
Let the simplicity of your strategy be your strength, successes.
Hello, I became interested in investing and trading, and there was a huge problem where and how to manage my portfolio,
I tried websites, got a spreadsheet in microsoft excel, and eventually it became possible to manage a portfolio in TradingView.
You enter data about purchases and follow the dynamics of your shares anytime, anywhere.
Added automatic transfer to...
Key notes are that this indicators markets the High and Low of the previous day, week month and quarter. It also marks the open of the day, week, month and quarter. These are levels that can be important areas to take trades towards and away from.
It includes additional features some may wish to use that I've included for your convenience that I don't personally...