gehteha

[GTH] Net Profit Margin (%)

gehteha Updated   
Displays the Net Profit Margin in a more "readable" fashion than the built-in TV Indicator.

This indicator concludes the series of 'Minervini-indicators', consisting of "GTH Earnings", "GTH Revenues" and "GTH Net Profit Margin (%)".

Famous trader Mark Minervini repeately describes rising earnings, revenues and net profit margin as the most important financials for finding superperformers.

In case of reporting a malfunction: Please be specific. Statements like "does not work" are useless. Thanks.
Release Notes:
Baseline colorized acc. to positive/negative NPM.
Release Notes:
  • Bug removed: label coloring and location
  • Visual improvement
Release Notes:
Labels now showing the percentual differences between NPM reports.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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.

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