The 'MarketSmith Volumes' is to be used with the 'MarketSmith Indicator' and 'EPS & Sales' in order to mimic fully MarketSmith Graphs with the maximum number of indicators allowed by a free Tradingview Plan: 3
This indicator is no more than a simple volume indicator where all parameters are already adjusted to resemble MarketSmith graphical volumes.
Also you...
MarketSmith Daily Market Indicators is designed to mimic the Daily Market Indicators tab found in MarketSmith. This tab contains 4 different secondary indicators to help gauge the health of the overall market.
This indicator allows you to choose which of the 4 indicators to show, as well as which index to pull data from, Nasdaq or NYSE. There is also a...
This script displays quarterly earnings per share (EPS) and sales data, and their year-on-year percentage change.
The script builds upon the Volume Price and Fundamentals script by Mohit_Kakkar08 and improves upon the array functions to keep the code light-weight & the output as accurate as possible. This script uses diluted EPS data for calculating the...
Flag Finder Indicator is a technical analysis tool to identify bull and bear flags.
What are flags
Flags are continuation patterns that occur within the general trend of the security. A bull flag represents a temporary pause or consolidation before price resumes it's upward movement, while a bear flag occurs before price continues its downward movement....
Webby's Tight Indicator is used to measure a securities volatility relative to itself over time. This is achieved by taking the average of three short term ATR's (average true range) and creating a ratio versus three longer term ATR's.
Mike Webster recently stated he is using the 3,5,8 for the short term ATR's and the 55,89,144 for the long term ATR's. All of the...
The Relative Strength (RS) line is something many investors are familiar with. It is used to measure a stocks performance versus the S&P 500 and is typically calculated by dividing the closing price of the stock by the closing price of the S&P. This means if a stock moves up and the S&P moves down or the stock moves up more than the S&P the RS line will increase,...
This indicator measures a stocks distance from its 52 week high. The concept is based on what Mike Webster shared on his appearance on IBD Live, allowing users to see if a current pullback from the highs is normal compared to historical pullbacks or if more attention is warranted.
It is also important to pay attention to a stocks 52 week high in relation to it's...
Webby's RSI (Really Simple Indicator) 2.0 or version 5.150 as Mike himself calls it, builds upon the original Webby RSI by changing the way we measure extension from the 21-day exponential moving average.
Instead using the percentage of the low versus the 21-day exponential moving average, version 2 uses a multiple of the securities 50 day ATR (average true...
Easy visualization of key performance indicators:
Fundamental Performance
EPS Last Year Quarter % Growth
EPS Last 3 Quarters % Growth
Sales Last Year Quarter % Growth
Sales Last 3 Quarters % Growth
Return On Equity
Market Capitalization
Technical Performance
Average Daily Range (ADR) %
Average True Range (ATR) $
% Off 52-Week High
Relative...
Hello everyone.
The RS Rating (or Relative Strenght Rating) is a metric that tracks a stock's price performance relative to the rest of the market. Specifically, it looks at a stock's relative strength over the last 52 weeks.
It allows you to identify at a glance stocks that are outperforming the market and may be poised for further gains.
Designed for break-out...
William O'Neil was a big proponent of using weekly charts, often highlighting the significance of 3 or more tight weekly closes, or a sequence of five or more consecutive up weeks. This indicator recognizes both of these conditions providing clear visual cues to signify this institutional buying activity. When three tight weekly closes or more occur a circle will...
This indicator helps avoid chasing extended stocks by showing every time a stock is too far extended from a selected moving average.
Features:
✔️ selectable moving average and source (high, low, close)
✔️ choose to plot or hide the moving average
✔️ selectable distance to be considered too extended
Hi everyone,
I just adapted a little utility script to visualise EPS % increase (quarters vs Year -1) and sales.
I used the code from @ARUN_SAXENA and modified it to fix what I saw as issues.
(Using base 3M instead of 1M +
request.earnings(syminfo.tickerid, earnings.actual, ignore_invalid_symbol=true)
instead of
request.financial(syminfo.tickerid,...
This script shows Pocket Pivots, up-days with higher volume than the last 9 down-days, directly on the chart below current and historic candles. Pocket pivots can be used to find early entry points within a base since it marks institutional buying. Pocket pivots are marked as black dots below the candle for easier identification.
The script is largely based on...
3 Weeks Tight - Introduction
3 weeks tight is a bullish continuation pattern discovered by IBD's founder, William O'Neil.
The pattern can used as an opportunity to add to an existing position as it often occurs after a breakout above a cup with handle or other technical pattern.
The 3 weeks tight pattern forms when a stock closes within approximately 1% to 1.5%...
This script automatically flags distribution days. Distribution days are defined as any day that is down -0.2% or greater on heavier volume than the previous day. Distribution days are counted on the major indexes (S&P 500, NASDAQ, NYSE, etc...) within the CANSLIM methodology.
