▋ 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...
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...
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.
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...
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.
I took the VB bands off for you guys.