TradiKator 07 Turnover Cycle MA (TCM (HSX) 07 by TK) is a visual indicator that underlying stock's character since its participants' collected forces cause the price movement. Here, we use turnover rate estimation to identify a possible trading level of a given underlying stock. I hope this indicator can help traders to estimate a true market average price in the essential trading behavior.
Here is an input option to enter shares float manually in the case that a user who has quite a limited time frame financial data.
Known issue: The share split will cause "Total float shares" inaccurate and therefore the result will be unreliable. We are trying to find a solution.
TradiKator is Traders' indicator. Please visit TraiKator for more free scripts. We also support the Chinese.
Happy new year! Wishing you a great and successful journey in the Chinese Zodiac Bull Year.
Release Notes
⋅
Bug fix for super active stock like GME whose turnover rate higher than 100% Thanks to Caramel Tea's feedback
can share the source code? because my indicator is full already, want to combine your indicator with my multi ma indicator.
bee711756a154b13a7909a1e3c5123
⋅
nice work! out of curiosity, how does it count the number of bars to accumulate volumes reaching a threshold? i found the built-in functions are not the most straightforward to do this, would you mind sharing a little bit more? thanks in advance!
kiethfree
⋅
Hi, it is possible to add in the turnover rate and turnover days as a label on the right top corner? And color the gradient of the MA? Thanks for this indicator.
bestvit_wei
⋅
can share the source code? i want to modify this to fit with cryptocurrency market
TradiKator
⋅
@bestvit_wei, It is impossible , because there is no such kind of data for cryptocurrency
rangrang
⋅
I found that this indicator is invalid for BTC.
Research error
Resolve_error" FUND
Charles_LiuCJ
⋅
from Lonecapital, thanks for sharing
dongwd2016
⋅
Great job!
seedof
⋅
@dongwd2016,
Thanks! Your feedback is important for us.