📊 The Final Masterpiece (Sorted Columns)This script, written in Pine Script (version 5), is a TradingView indicator designed to create a portfolio dashboard directly on the chart. Its main purpose is to monitor the performance of up to four different stocks in real-time.
Here is a detailed description of its features:
Main Functionality
The script creates a floating table on the chart that summarizes the key information of a stock portfolio. This table is not anchored to a specific bar but remains in a fixed position chosen by the user.
Sections and Settings
1. Global Settings:
Available Cash: Allows you to enter an amount of available cash.
Capital Gain Tax (%): Lets you set a percentage for capital gains tax, which will be used to calculate the net profit/loss.
Table Position: Provides a drop-down menu to place the table in one of the nine available positions on the chart (e.g., top right, bottom center, etc.).
2. Color Settings:
This section offers extensive customization for the table's appearance.
You can change the background and text colors for the headers, data rows, and the totals row.
It also allows you to define specific colors to highlight profits (green) and losses (red) and to adjust their transparency.
3. Inputs for each Stock:
The script is pre-configured to handle up to four stocks.
For each stock, the user can:
Enable or disable its display in the table using a toggle (🟢 Enable Stock).
Enter the Ticker (e.g., "AAPL", "MSFT") to retrieve the real-time price.
Specify a descriptive name (e.g., "Apple").
Enter the quantity of shares owned and the buy price.
Define buy and sell commissions, both fixed and as a percentage.
Choose a background color for that specific stock's row.
How It Works
1. Price Retrieval:
It uses the request.security() function to get the daily ("D") closing price for each of the entered tickers. This function allows loading data from other symbols or timeframes different from the one currently displayed on the chart.
2. Financial Calculations:
The script performs a series of calculations for each enabled stock:
Position Cost: Calculates the total cost of the investment, including purchase commissions.
Current Value: Multiplies the number of shares by the current market price.
Gross Profit/Loss (P/L): The difference between the current value and the position cost, after deducting selling commissions.
Net Profit/Loss (Net P/L): Applies the capital gains tax (set in the global settings) only if there is a profit.
Return on Investment (ROI %): Calculates the net profit/loss as a percentage of the total position cost.
3. Table Creation and Management:
The table is created using table.new().
All calculations and table updates are performed only on the last bar of the chart (if barstate.islast). This optimizes the script's performance by preventing it from recalculating and redrawing the table on every historical bar.
The table is populated dynamically: only the rows for stocks that have been enabled by the user are displayed.
The cells for "Net P/L" and "ROI %" are colored green or red depending on whether the value is positive or negative.
Finally, a totals row is added, summarizing the total cost, total value, total net P/L, and total ROI of the portfolio. This row also displays the available cash entered by the user.
In summary, "The Final Masterpiece" is a customizable portfolio indicator that provides a clear and immediate overview of one's stock positions directly on TradingView, calculating costs, values, profits, and returns in real-time while accounting for commissions and taxes.
ROI
ROI Levels IndicatorROI Levels Indicator 📈💰
Description: The "ROI Levels Indicator" helps you visualize key Return on Investment (ROI) levels directly on your chart, making it easier to track your profit milestones! 🚀 This tool allows you to enter your entry price, and it calculates levels from 100% up to 1000% ROI, each with a spread to represent potential support and resistance zones. The levels are visually represented by red rectangles to help identify zones where the market might react. This is a great way for traders to easily understand profit-taking points and psychological price levels!
Features:
🛠️ Custom Entry Price: Set your own entry price to start calculating ROI levels.
📊 Multiple ROI Levels: Levels from 100% to 1000%, with a customizable spread for visual clarity.
🔴 Visual Representation: Each level is marked with a full-screen-width rectangle and label, making it easy to track.
🚨 Entry Price Plot: A red dashed line marks your entry price for easy reference.
How to Use:
Enter Your Price: Use the "Entry Price" input field to specify the entry price of your trade.
Spread Adjustment: Adjust the spread percentage if you want more or less tolerance around each ROI level.
View the Levels: The script automatically plots 100% to 1000% ROI levels. Each level is represented by a red rectangle and labeled on the right side for quick identification.
Track Profit Zones: Use the plotted ROI levels to identify key profit-taking areas or potential zones of support and resistance.
Pro Tip: Use these levels as reference points to decide when to scale out of positions or manage risk effectively! 🎯
Happy trading, and may your ROI always be on the rise! 📈🔥
IndexogramIndexogram is a platform designed to help traders analyze the Commitment of Traders (COT) report data. It specifically focuses on the Rate Of Change (ROC) of the COT data, visualized using a unique polyline plotting technique.
Commitments of Traders % Rate Of Change (%ROC):
The COT %ROC indicates the momentum of trader positions over a specified period. This measure is crucial for understanding shifts in market sentiment and potential future price movements.
Unique Polyline Plotting Technique:
Unlike traditional line or bar charts, the polyline plotting technique used in Indexogram offers a more nuanced and detailed view of the %ROC data.
Multiple Ticker Monitoring:
Indexogram allows the setup of up to five different tickers. Traders can assign different weightages to these tickers, enabling a customized and weighted view of their %ROC data. This feature is beneficial for tracking a diversified portfolio or comparing different assets.
Average ROI Plot:
An additional feature is the Average ROI plot, which provides the average return on investment (ROI) of the five selected tickers. This plot helps traders quickly assess the overall performance of their monitored assets.
Strategy for Traders
Diversified Monitoring:
By setting up five different tickers with varying weightages, traders can diversify their monitoring efforts across different assets or markets. This diversification helps in reducing risk and identifying opportunities in different sectors or asset classes.
Weightage Customization:
Assign weightages based on market conditions or personal trading strategy. For example, if a trader believes that commodities are likely to outperform equities in the near term, they can assign a higher weightage to commodities-related tickers.
Analyzing %ROC Trends:
Use the polyline plots to identify significant %ROC trends. A rising %ROC might indicate increasing momentum and a potential buying opportunity, while a falling %ROC could signal decreasing momentum and a potential selling opportunity.
Average ROI Analysis:
Use the Average ROI plot to gauge the overall performance of the selected assets. If the average ROI is positive and trending upwards, it indicates a generally favorable market condition for the monitored assets.
Tactical Adjustments:
Regularly review and adjust the selected tickers and their weightages based on changing market conditions, news, and personal insights. This flexibility allows traders to adapt their strategy in response to new information.
Important Notes:
Indexogram is a tool to identify potential tradings, not a guaranteed predictor of future price movements.
x-Period ROI by USCG_VetThis Indicator shows the Return On Investment (ROI) between the current price vs the price from x Periods ago.
Multi ROIThis 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.
Return on Investment (ROI)Return on Investment (ROI) is a performance measure used to evaluate the efficiency of an investment in a particular asset.
This tool provides a %-based ROI that can be calculated starting from a specific date or across the entire history of an instrument.
Don't forget to toss a coin to your witcher (see the requisites below)