This indicator lets you manage your risk as your assets in each position SO you can see the right way in money management and risk management as well when you know how much you need to put in your positions you should see the volume of your trade and control your risk to be a winner in all ways and have the best win rate. You can use it so easy and it is going...
Crypto Portfolio Management This is an indicator not like the other ones that you regularly see in tradingview. The main difference is that this indicator does not plot a value for each candle bar like you would see with RSI or MACD. Actually it is table and it just uses tradingview great database of assets to plot some valuebale information that can not be found...
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 script makes projections via drawing boxes based upon changes in the fed funds rate (FRED:EFFR). It works by turning the change in the fed funds rate into a user defined percentage (using a multiplier, by default a 1% rate of change implies a 10% change in the chart) and then drawing a box that distance away depending on the direction of the rate of change....
First off, huge thanks to @fikira! He was able to adapt what I built to work much more efficiently, allowing for more strategies to be used simultaneously. Simply put, I could not have gotten to this point without you. Thanks for what you do for the TV community. Second, I am fairly new to pinescript writing, so I welcome criticism, thoughtful input and...
Create your own stock index with up to 20 tickers! The weight of the index can be selected from market capitalization and equal weight. You can easily see how your favorite stocks are performing. In addition, moving average lines (10SMA, 20SMA, 50SMA, 100SMA, 150SMA, 200SMA) can also be displayed as an...
This correlation tables idea is nothing new, many sites provides it. However, I couldn't find any simple correlation indicator on TradingView despite how simple this indicator is. This indicator works as its called. Calculating the correlation between 2 projects (can be used in stocks as well) using the 'ta.correlation' feature built into pinescript. When...
Plots CAGR lines for a given set of rates from a specified time. It will be helpful to see how the rate of growth of a security's price is changing over a period of time. It also calculates the current CAGR from the time specified. Works on D, W, M timeframes.
This Indicator displays Entry and Exits levels. The display is done under 3 modes: - Risk/Reward mode (the one by default. It is set to a 1:1 ratio) - Multiples TP Levels - Custom Levels Click to Set entry Price on chart The displaying is static by default to make it dynamic disable the "Use custom Entry ?" input. Disclaimer: Scripts that I post publicly...
This is a simplified position size calculator in the form of a table. The reason I published this script is because all other position size calculator scripts try to provide way too much when it should be much simpler, position in strange areas of the chart and leave unwanted chart pollution. This is a bare-bones functional table that takes your risk level,...
Here is a panel where you enter the desired stop-loss price, the amount you would like to risk and it spits out what you should trade to only lose that amount if the stop-loss is hit.
We are happy to introduce the Key Performance Indicator by Detlev Matthes. This is an amazing tool to quantify the efficiency of a trading system and identify potential spots of improvement. Abstract A key performance indicator with high explanatory value for the quality of trading systems is introduced. Quality is expressed as an indicator and comprises the...
This is a script to calculate the order volume for the current symbol given your current portfolio value and how many orders you want to place. This is useful when using a strategy that places pyramiding orders and your bot won't automatically divide up your portfolio.
This script is designed to help you plan your grid trading or when averaging your position in the spot market. The script has a small error (due to the simplification of the code), it does not take into account the size of the commission. You can set any values on all parameters on any timeframe, except for the number of orders in the grid (from 2 to 5). The...
Enables users to create their own custom Stock Index with up to 29 tickers! Has included optionality to include/exclude certain sectors, plot sectors individually and measure in gold. Good for having a look at how your favorite tickers have performed (with your modification of course). Also has option to show Moving Averages for your convenience.
Plots the EPS surprise between reported and estimate. * This is a working version of the old EPS Surprise indicator here that seems to have been abandoned.
To use indicator you need to provide enter and stop prices(you can drag these lines also). Also you able to set your Account Size in USD, Risk in % and Commission you pay your broker per lot. Indicator calculates all this information and provides you with Lot Size(with commission) you need to open a position and target prices for 2R and 3R(also includes...
You can choose the symbols and their weight or normalize them at the initial price.