OPEN-SOURCE SCRIPT
Mis à jour MarketSmith Indicator
This script provides you with several indicators that will enable you to mimic MarketSmith charts, even with a free TradingView plan.
You can use this script with my 'EPS & Sales' indicator.
MarketSmith-style bars
The script offers an original approach to managing candlesticks within the code, making them almost identical to those on MarketSmith.
For a perfect display, select 'Bars' on your chart and set the opacity of your candles to 100% to display only the candles proposed by this indicator.
If you don't want them, you can simply disable them in the 'Style' tab by unchecking 'MarketSmith Bars' and 'Chars'.
These candles are designed to be used with a fix chart. (No beautiful result with zooming in or out.)
Normally, the display will still be correct by right-clicking, and 'Reset Chart'.
Simple customizable moving averages
With automatic distinction of the weekly time unit. You can choose to display them or not, select the calculation method and modify their length via the panel.
The RS Rating indicator
I've integrated the RS Rating indicator into this script, as the RS Rating is a fundamental component of this layout.
High and valley points
These points are used by MarketSmith to detect bases, patterns, cup & handle.
Designed for US Market only you won't be able to screen correctly the India market for example.
You can use this script with my 'EPS & Sales' indicator.
MarketSmith-style bars
The script offers an original approach to managing candlesticks within the code, making them almost identical to those on MarketSmith.
For a perfect display, select 'Bars' on your chart and set the opacity of your candles to 100% to display only the candles proposed by this indicator.
If you don't want them, you can simply disable them in the 'Style' tab by unchecking 'MarketSmith Bars' and 'Chars'.
These candles are designed to be used with a fix chart. (No beautiful result with zooming in or out.)
Normally, the display will still be correct by right-clicking, and 'Reset Chart'.
Simple customizable moving averages
With automatic distinction of the weekly time unit. You can choose to display them or not, select the calculation method and modify their length via the panel.
The RS Rating indicator
I've integrated the RS Rating indicator into this script, as the RS Rating is a fundamental component of this layout.
High and valley points
These points are used by MarketSmith to detect bases, patterns, cup & handle.
Designed for US Market only you won't be able to screen correctly the India market for example.
Notes de version
- Now 'Hide RS Line' is working- Corrected a bug where when the current close was equal to that of the previous candle, the script colored pink, while TradingView colored blue. (Thank you Yaron_)
Notes de version
- You can now customize the color of the bars- You can now display % variation of Peak/Valley points
Notes de version
- Added the Weekly Tight Closes Detector available on 'Mark Minervini' scriptNotes de version
- Now SMA/EMA colors are customizableNotes de version
- Added Optional Beta Chart Recognition PatternNotes de version
- Corrected Graph DisplayNotes de version
- Corrected graph againNotes de version
- Corrected a minor bug that deleted hisotorical valid flat basesNotes de version
- Added Double Bottom Detection- Pattern are only detected in Daily TimeFrame
Notes de version
- Forgot to link the ability not to display patterns, corrected!Notes de version
- Added recent modification on the RS RatingNotes de version
- Modified label size to tinyNotes de version
- Adjust some parameters in the base formation to be closer to MarketSmith- Corrected some bugs with the double bottom detection
Notes de version
- Little correction for the initial depth of the creation of a base -> 35% to 40%Notes de version
- Changed default Depth and Length values to better match MarketSmith Chart Pattern Recognition systemNotes de version
- Corrected Input Description for Double Bottom Depth and LengthNotes de version
- Corrected some parameters for base detection- Changed Dotted Lines to Dashed lines
- More discreet line rendering
Notes de version
- Chart updatedNotes de version
- Chart Updated (Try to find a correct display)Notes de version
- Back to the previous style display because bases were hard to seeNotes de version
- Added Beta Cup Detection (not Cup n Handle yet)- Corrected bug of SPX display
Notes de version
- Corrected incorrect depth settingNotes de version
- Adaptation of offset display for sectors and indicesNotes de version
- Rs Rating label adjustedNotes de version
- Added Default Blue Dot New HighNotes de version
- Now we can display the rating only, eg: for smartphone displayNotes de version
- Adapted the RS Rating Update!In this update, I propose to use an option to view the historical RS Rating. This method is an approximation, as the performance environment of US equities varies over time, whereas the historical RS Rating is calculated with fixed values. However, this option can be of interest when studying past setups, and can provide relevant indications.
Notes de version
- We can add a second SMA/EMA on the RS Line.Notes de version
- Corrected the rounding of the Average VolumeNotes de version
- Confused MarketSmith Volume and MarketSmith Indicator. It's late at nightNotes de version
- Added EPS & Sales Table due to recent TradingView free plan limitationNotes de version
- Corrected the Comparative Symbol for Line input that wasn't correctly wired to the calculation.Notes de version
- Removed unused inputNotes de version
For the EPS & Sales table- Corrected shifting color to transparent of the daily table
Notes de version
- Added the Maj for the EPS & Sales indicatorNotes de version
- Corrected wrong digit on the 'versus' display on sales after B_Kaminski pointed it outNotes de version
- Updated to EPS & Sales Table Toward MarketSurge lookNotes de version
- Like MarketSurge does, when a reported EPS number is missing the code will now search for the standard EPS for replacement.This will allow tickers like
SEZL and 
CAVA to be closer to the MarketSurge result.Moreover it should make the EPS & Sales table usable for the Indian Market.
The RS Rating is unchanged and is still for the US Market Only
Notes de version
EPS and Sales table:- Modified the style of the table toward MarketSurge look
- Used lighter grey for the MarketSmith table
Notes de version
- Modify Chart previewScript open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Pour un accès rapide sur un graphique, ajoutez ce script à vos favoris - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Pour un accès rapide sur un graphique, ajoutez ce script à vos favoris - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.