Although I am technical trader, I have been taking some interest in fundamentals, trying to learn few things here and there. Tradingview also has lots of fundamental information which are available in regular stocks page, in screeners, and also accessible via pine script. Though I have published few ideas and scripts related to fundamentals, I am still a learner and explorer in this area. I thought of making video to explain things I have learnt and done. This one is first part of few episodes
Things covered in this video:
Availability of financial data in tradingview Few areas where you can see and make use of financial data and availability of financial data through pine methods.
Few scripts developed on the basis of financial data
Quality screen
Relative Growth Screen
Explanation on fundamental based trading idea - based on Magic Formula
Overview of basic magic formula method coined by Joel Greenblatt
Advanced Magic Formula method with refined considerations
Present outcome and shortlisted stocks and performance summary so far.
Please note all the scripts and ideas mentioned in this video are public and open source and can be accessed by anyone. All of them are linked in the related ideas.
In the next part of the videos - will try to discuss few other ideas which are also already available in the part of scripts and ideas shared - This may include
Percentile/Drawdown study on price and fundamentals
Using tradingview screener to pick quality stocks.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.