Relative Performance Indicator by ComLucro - 2025_V01The "Relative Performance Indicator by ComLucro - 2025_V01" is a powerful tool designed to analyze an asset's performance relative to a benchmark index over multiple timeframes. This indicator provides traders with a clear view of how their chosen asset compares to a market index in short, medium, and long-term periods.
Key Features:
Customizable Lookback Periods: Analyze performance across three adjustable periods (default: 20, 50, and 200 bars).
Relative Performance Analysis: Calculate and visualize the difference in percentage performance between the asset and the benchmark index.
Dynamic Summary Label: Displays a detailed breakdown of the asset's and index's performance for the latest bar.
User-Friendly Interface: Includes customizable colors and display options for clear visualization.
How It Works:
The script fetches closing prices of both the asset and a benchmark index.
It calculates percentage changes over the selected lookback periods.
The indicator then computes the relative performance difference between the asset and the index, plotting it on the chart for easy trend analysis.
Who Is This For?:
Traders and investors who want to compare an asset’s performance against a benchmark index.
Those looking to identify trends and deviations between an asset and the broader market.
Disclaimer:
This tool is for educational purposes only and does not constitute financial or trading advice. Always use it alongside proper risk management strategies and backtest thoroughly before applying it to live trading.
Chart Recommendation:
Use this script on clean charts for better clarity. Combine it with other technical indicators like moving averages or trendlines to enhance your analysis. Ensure you adjust the lookback periods to match your trading style and the timeframe of your analysis.
Additional Notes:
For optimal performance, ensure the benchmark index's data is available on your TradingView subscription. The script uses fallback mechanisms to avoid interruptions when index data is unavailable. Always validate the settings and test them to suit your trading strategy.
Comlucro
Exponential Moving Averages by ComLucro - A/B/C/D/E - 2025_V01This script, "Exponential Moving Averages by ComLucro: A/B/C/D/E - 2025_V01", offers a customizable tool for traders to visualize five exponential moving averages (EMAs) on their charts.
Key Features:
Customizable Lengths: Adjust the lengths for each EMA (A, B, C, D, E) to fit your trading strategy, ranging from short-term (10 periods) to long-term (200 periods).
Color Customization: Choose colors for each EMA line to differentiate and organize your chart effectively.
Visibility Options: Toggle individual EMAs on or off for a cleaner and more focused analysis.
Intuitive Design: Streamlined user interface ensures easy integration and quick adjustments directly on your TradingView chart.
How It Works:
The script calculates five EMAs based on the closing price and plots them directly on your chart.
Use these EMAs to identify trends, potential reversals, and areas of confluence in price action.
Ideal For:
Traders seeking to incorporate multiple EMA signals into their trading strategy.
Analyzing trends across various timeframes with an easy-to-use, customizable indicator.
Chart Recommendation:
Use this script on clean charts with clear price action to avoid clutter. It works well in combination with other trend-following tools or oscillators.
Disclaimer:
This tool is for educational purposes only and does not constitute financial or trading advice. Use it as part of a well-rounded trading strategy with proper risk management.
Additional Notes:
For best results, combine this indicator with strong risk management practices and a detailed understanding of market conditions. Always backtest the settings to ensure compatibility with your trading strategy.
Simple Moving Averages by ComLucro - A/B/C/D/E - 2025_V03This script provides an easy-to-use tool for plotting Simple Moving Averages (SMA) on your TradingView chart. With customizable lengths, colors, and visibility options, you can tailor the script to fit your trading strategy and chart preferences.
Key Features:
Five Simple Moving Averages (SMA): A, B, C, D, and E, with default lengths of 10, 20, 50, 100, and 200 periods, respectively.
Fully Customizable:
Adjust SMA lengths to match your trading needs.
Customize line colors for easy identification.
Toggle visibility for each SMA on or off.
Clear and Intuitive Design: This script overlays directly on your chart, providing a clean and professional look.
Educational Purpose: Designed to support traders in analyzing market trends and identifying key price levels.
How to Use:
Add the indicator to your chart.
Configure the SMA lengths under the input settings. Default settings are optimized for common trading strategies.
Customize the colors to differentiate between the moving averages.
Toggle the visibility of specific SMAs to focus on what's important for your analysis.
Best Practices:
Use shorter SMAs (e.g., A and B) to identify short-term trends and momentum.
Use longer SMAs (e.g., D and E) to evaluate medium- to long-term trends and support/resistance levels.
Combine with other tools like RSI, MACD, or volume analysis for a more comprehensive trading strategy.
Disclaimer:
This script is for educational purposes only and does not constitute financial or trading advice. Always backtest your strategies and use proper risk management before applying them in live markets.
Moving Averages by ComLucro - 20/50/100/200 - 2025_V01Moving Averages by ComLucro - 20/50/100/200 - 2025_V01
Moving Averages by ComLucro - 20/50/100/200 - 2025_V01 is a versatile and customizable tool for traders looking to incorporate 20, 50, 100, and 200-period Simple Moving Averages (SMA) into their technical analysis. This indicator allows traders to easily track these key moving averages directly on their charts, with customizable colors and line positions for a seamless user experience.
Key Features:
Multiple Timeframes: Displays 20, 50, 100, and 200-period SMAs, widely used in technical analysis.
Customizable Colors: Adjust the color of each SMA to match your chart’s theme and improve visibility.
Clean Visualization: Plots each moving average with distinct colors and thicknesses for clarity.
How It Works:
Choose your desired periods for the SMAs: 20, 50, 100, and 200.
Customize the line colors to enhance chart readability.
View the SMAs dynamically plotted over your chart for quick reference during analysis.
Disclaimer:
This script is intended for educational purposes only and does not constitute financial or trading advice. Use it responsibly and ensure it aligns with your trading strategies and risk management practices.
