▋ INTRODUCTION : The “Index Generator” simplifies the process of building a custom market index, allowing investors to enter a list of preferred holdings from global securities. It aims to serve as an approach for tracking performance, conducting research, and analyzing specific aspects of the global market. The output will include an index value, a table of...
Introduction: The SIP Smartly indicator is designed to mimic the behavior of a systematic investment plan, a popular investment strategy where a fixed quantity of an asset is purchased at regular intervals, typically monthly. In this case, we're applying this concept to trading by specifying a start date, a fixed purchase quantity, and certain conditions for...
This is a long term/investment type of strategy designed to have a good idea about where the big trend direction is headed. Its logic, its made entirely on the COT report, mainly from looking into the net non comercial positions aka the speculators. For bullish trend we look that the difference between long non comercial vs short non comercial is higher than...
A simple script to verify RSI, SMAs, VWMA, and Pivots on Daily, Weekly, and Monthly time frames. In case if you are not interested in SMA's or want to add different cheks -- simply copy the script to local and edit. Happy investing. Add the script to any chart and table values remain the same irrespective of current chart resolution, as it checks on Daily,...
Correlation coefficient is a measure of the strength of the relationship between two values. It can be useful for market analysis, cryptocurrencies, forex and much more. Since it "describes the degree to which two series tend to deviate from their moving average values" (1), first of all you have to set the length of these moving averages. You can also retrieve...
This simulating indicator proves that even if you use a simple strategy, you can reduce your risk by diversifying your investments. The strategy itself is simple.(only long) Buy when 50 days EMA crosses over 200 days EMA. Sell when 50 days EMA crosses under 200 days EMA. Or, stop loss when the asset falls by 2% (eg). Using this simple strategy on an asset is...
For the best results, make sure to view this indicator on a bitcoin chart with a very long history (e.g. BNC:BLX)! This model treats Bitcoin as being comparable to commodities such as gold, silver or platinum. These are known as ‘store of value’ commodities because they retain value over long time frames due to their relative scarcity. It is difficult to...
Here is a simple script to calculate the profits and other dollar cost average strategy statistics. This strategy was created to avoid asset price volatility, so the pump and dump scheme does not affect the portfolio. By dividing the investment amount into periods, the investor doesn’t need to analyze the market, fundamental analysis, or anything. The goal is to...
Volatility Contraction is a strong trading setup for Positional Traders. It works on following time frame: Daily, Weekly and Monthly.
Detail about this indicator This is screener to identify outperforming Stocks/Ticker based on the indicator "TEWY - Magic Strength Indicator (SI)" I deployed earlier. So please checkout that indicator description to understand more about this screener logic. Below are the parameters that you may need to use to get outperforming indices/tickers. 1. Screener Set...
Detail about this indicator 1. This indicator is used to identify the trend based on the momentum of the counter selected. 2. This indicator is calculated three different metrics for selected script and it's Parent/Main Index as NSE:NIFTY (default) and Sector Index. Keep in mind below point a) Parent/Main index is set to default NSE:NIFTY, though there is...
The script tells me when to invest in the stock. Split ur money into 3 piles. Each must be bigger than the previous one. Buy with the first pile when the chart touches the middle line (SMA200). Buy with the second pile when the chart touches the bottom line (lowest price of 200 weeks). Buy with the third pile when the chart goes significantly below the bottom...
Time in x Timing - The Market █ DISCLAIMER THIS IS NOT AN INVESTMENT ADVICE The use of strategy functions doesn't compile recurring investments/contributions as used in this study, so disregard the results of the strategy tester. As seen in the style/plots lists, I calculate the results in internal variables to analyze historical results. prnt.sc...
This is really, really, really basic. Its just 10 ROIs - Return On Investment- plots for the following periods: 1 week 1 month 1/2 year 1 year 2 year 3 year 4 year 5 year 6 year 7 year It is meant for 1 day bars. Of course it will work anywhere and you can change the settings to fit your purposes but I thought these were the most useful periods.
Valuation Bands are supposed to be used for taking INVESTMENT decisions. Hence best time frames to use these bands are Daily & Weekly. These bands are an attempt to represent a stock's valuation in terms of its pricing. Obviously, there is no relation between actual valuation determined through Fundamental Analysis. The bands have been created by modifying...
TM24_INVESTMENT_TOOL helps to identify following Things for Intraday Position on 60 Minutes + timeframe along with Buy or sell signal. 1. Market Trend (Different Timeframe) 2. Price Direction 3. Area of Support & Resistance 4. Price Momentum Terminology Use ==> Black from Bottom for - Buy, Red from Top for - Sale Signal, and Numbers are to show time frame...
This is Beta version of the Indicator and works on Multi Time Frame Analysis As part of the Indicator there are 5 Choices that the user can set up Show Intraday Trades - This works for Intraday Trades - when the resolution is kept to less than 1 hour Show Short Team Trades - This works well when the resolution is kept to 1 Day - Good for swing Trades...
Systematic Momentum strategy v 1.0 This is a long-only strategy optimized taking into consideration the underlying's momentum and volatily. Long story short it opens positions when the momentum is highest and the risk is lowest and closes the same position when the risk-to-reward is no longer optimal. How to use: -> To be used on an Index or a tracker ETF ->...