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RSI Momentum ScalperOverview The "RSI Momentum Scalper" is a Pine Script v5 strategy crafted for trading highly volatile markets, with a special focus on newly listed cryptocurrencies. This strategy harnesses the Relative Strength Index (RSI) alongside volume analysis and momentum thresholds to pinpoint short-term trading opportunities. It supports both long and short trades, managed with customizable take profit, stop loss, and trailing stop levels, which are visually plotted on the chart for easy tracking. Why I Created This Strategy I developed the "RSI Momentum Scalper" because I was seeking a reliable trading strategy tailored to newly listed, highly volatile cryptocurrencies. These assets often experience rapid price fluctuations, rendering traditional strategies less effective. I aimed to create a tool that could exploit momentum and volume spikes while managing risk through adaptable exit parameters. This strategy is designed to address that need, offering a flexible approach for traders in dynamic crypto markets. How It Works The strategy utilizes RSI to identify momentum shifts, combined with volume confirmation, to trigger long or short entries. Trades are controlled with take profit, stop loss, and trailing stop levels, which adjust dynamically as the price moves in your favor. The trailing stop helps lock in profits, while the plotted exit levels provide clear visual cues for trade management. Customizable Settings The script is highly customizable, allowing you to adjust it to various market conditions and trading styles. Here’s a brief overview of the key settings: Trade Mode: Select "Both," "Long Only," or "Short Only" to determine the trade direction. (Default: Both) RSI Length: Sets the lookback period for the RSI calculation (2 to 30). (Default: 8) A shorter length increases RSI sensitivity, suitable for volatile assets. RSI Overbought: Defines the upper RSI threshold (60 to 99) for short entries. (Default: 90) Higher values signal stronger overbought conditions. RSI Oversold: Defines the lower RSI threshold (1 to 40) for long entries. (Default: 10) Lower values indicate stronger oversold conditions. RSI Momentum Threshold: Sets the minimum RSI momentum change (1 to 15) to trigger entries. (Default: 14) Adjusts the sensitivity to price momentum. Volume Multiplier: Multiplies the volume moving average to filter high-volume bars (1.0 to 3.0). (Default: 1) Higher values require stronger volume confirmation. Volume MA Length: Sets the lookback period for the volume moving average (5 to 50). (Default: 13) Influences the volume trend sensitivity. Take Profit %: Sets the profit target as a percentage of the entry price (0.1 to 10.0). (Default: 4.15) Determines when to close a winning trade. Stop Loss %: Sets the loss limit as a percentage of the entry price (0.1 to 6.0). (Default: 1.85) Protects against significant losses. Trailing Stop %: Sets the trailing stop distance as a percentage (0.1 to 4.0). (Default: 2.55) Locks in profits as the price moves favorably. Visual Features Exit Levels: Take profit (green), fixed stop loss (red), and trailing stop (orange) levels are plotted when in a position. Performance Table: Displays win rate, total trades, and net profit in the top-right corner. How to Use Add the strategy to your chart in TradingView. Adjust the input settings based on the cryptocurrency and timeframe you’re trading. Monitor the plotted exit levels for trade management. Use the performance table to assess the strategy’s performance over time. Notes Test the strategy on a demo account or with historical data before live trading. The strategy is optimized for short-term scalping; adjust settings for longer timeframes if needed.
Pine Script® strategy
by MonkeyPhone
Dynamic Levels This indicator plots key price levels (Open, High, Low, Mid, Close) from multiple higher timeframes (Monday, Daily, Weekly, Monthly, Yearly). It allows you to track how price interacts with important reference levels without switching timeframes. 🔑 Features ✅ Monday levels (MO, MH, MM) By default: shows the last completed Monday (fixed values). Option: “live mode” to update Monday High/Low/Mid while Monday’s candle is forming. ✅ Daily levels (DO, DH, DL, DM, DC) Live: Daily High/Low/Mid update dynamically while today’s candle is forming. Previous Daily Close (DC) is always fixed. ✅ Weekly levels (WO, WH, WL, WM) Live: Weekly High/Low/Mid update dynamically while this week’s candle is forming. Weekly Open is fixed. ✅ Monthly levels (MO(n), MH(n-1), ML(n-1), MM(n-1), MC(n-1)) Shows last completed month’s values (constant, never changing). Current Monthly Open is also shown (naturally fixed). ✅ Yearly levels (YO(n), YH(n-1), YL(n-1), YM(n-1), YC(n-1)) Shows last completed year’s values (constant, never changing). Current Yearly Open is also shown (naturally fixed). 🎨 Customization Toggle each level (on/off) in indicator settings. Individual color settings for Monday, Daily, Weekly, Monthly, and Yearly. Adjustable line width and transparency. Optional short labels (MO, DO, WM, etc.) displayed on the right side of the chart. 🔄 Dynamic Logic Daily and Weekly → update dynamically while their candle is forming. Monday, Monthly, and Yearly → use fixed values from the last completed bar (do not “breathe”). 📌 Use cases Quickly see where price stands relative to previous close, current open, or mid-levels. Use Monday Open/High/Mid as strong intraday references. Use Monthly/Yearly levels as long-term support/resistance zones.
Pine Script® indicator
by Engelokka
Interval Price AlertsInterval Price Alerts A versatile indicator that creates horizontal price levels with customizable alerts. Perfect for tracking multiple price levels simultaneously without having to create individual horizontal lines manually. Features: • Create evenly spaced price levels between a start and end price • Customizable price interval spacing • Optional price labels with flexible positioning • Alert capabilities for both price crossovers and crossunders • Highly customizable visual settings Settings Groups: 1. Price Settings • Start Price: The lower boundary for price levels • End Price: The upper boundary for price levels • Price Interval: The spacing between price levels 2. Line Style • Line Color: Choose any color for the price level lines • Line Style: Choose between Solid, Dashed, or Dotted lines • Line Width: Adjustable from 2-4 pixels (optimized for opacity) • Line Opacity: Control the transparency of lines (0-100%) 3. Label Style • Show Price Labels: Toggle price labels on/off • Label Color: Customize label text color • Label Size: Choose from Tiny, Small, Normal, or Large • Label Position: Place labels on Left or Right side • Label Background: Set the background color • Background Opacity: Control label background transparency • Text Opacity: Adjust label text transparency 4. Alert Settings • Alert on Crossover: Enable/disable upward price cross alerts • Alert on Crossunder: Enable/disable downward price cross alerts Usage Tips: • Great for marking key price levels, support/resistance zones • Useful for tracking multiple entry/exit points • Perfect for scalping when you need to monitor multiple price levels • Ideal for pre-market planning and level setting Notes: • Line width starts at 2 for optimal opacity rendering • Labels can be fully customized or hidden completely • Alert messages include the symbol and price level crossed
Pine Script® indicator
by hams292
📊 Portafoglio Verticale Personalizzabile (5 Tickers, Net ROI)📊 Customizable Vertical Portfolio (5 Tickers, Net ROI) Type: Pine Script v6 Indicator (TradingView) Layout: Vertical table (up to 5 tickers + header) 🔹 Features Tracks up to 5 tickers simultaneously Table position selectable (top, middle, bottom; left, center, right) Customizable colors (header, rows, borders) Optional header display 🔹 Calculations For each ticker: Total cost = Entry price × Qty + Entry commissions Current value = Current price × Qty – Exit commissions Net P/L = Current value – Cost – Taxes Net ROI (%) = (Net P/L ÷ Cost) × 100 🔹 Commission & Tax Entry/Exit: Fixed or Percentage CGT: user-defined %, applied only on profits 🔹 Output Table | Ticker | Net P/L | Net ROI (%) | Color-coded: Green = Profit, Red = Loss, Silver = Neutral/NA ✅ Best for Multi-asset tracking in one chart Real-time evaluation of profits after fees & taxes Clear, visual portfolio monitoring
Pine Script® indicator
by Roger_Kint
Fed Rate Change Impact📊 Fed Rate Change Impact — Macro Event-Driven Indicator Fed Rate Change Impact is an advanced indicator designed to analyze the impact of Federal Reserve interest rate changes on financial markets. It integrates event-driven logic with dynamic visualization, percentage diagnostics, and multi-asset selection, offering a clear and customizable view of post-event effects. 🔍 Key Features 📅 Preloaded Fed Events : Includes over 30 historical rate cut (↓) and hike (↑) dates from 2008 to 2024. 📈 Post-Event Analysis : Calculates the percentage change of the selected asset 5, 10, and 30 days after each event. 📌 Vertical Chart Lines : Visually highlights each event directly on the chart, with dynamic coloring (red for hikes, green for cuts). 📋 Diagnostic Table : Displays real-time impact for each event, with color-coded values and a compact layout. 🧠 Interactive Filter: Choose to display only hikes, only cuts, or both. 🧭 Flexible Asset Selection : Analyze the current chart asset, pick from a predefined list, or manually input any ticker via input.symbol(). 🎯 Contextual Highlighting : The table highlights the analyzed asset if it matches the active chart symbol. ⚙️ Customizable Parameters lookahead5, lookahead10, lookahead30: Define the time horizon for measuring post-event impact. eventFilter : Choose which type of events to display. presetAsset / customAsset : Select or input the asset to analyze. 🧪 Recommended Use Cases Macroeconomic analysis on indices, commodities, crypto, and forex Studying delayed effects of rate changes on sensitive assets Building event-driven strategies or diagnostic overlays Visual backtesting and cross-asset comparison 🧠 Technical Notes The indicator is compatible with overlay=true and works best on Daily timeframe. The table automatically adapts to the number of events and includes visual padding for improved readability. All calculations are performed in real time and require no external data.
Pine Script® indicator
by FrancescoG65
Expected Value Monte CarloI created this indicator after noticing that there was no Expected Value indicator here on TradingView. The EVMC provides statistical Expected Value to what might happen in the future regarding the asset you are analyzing. It uses 2 quantitative methods: Historical Backtest to ground your analysis in long-term, factual data. Monte Carlo Simulation to project a cone of probable future outcomes based on recent market behavior. This gives you a data-driven edge to quantify risk, and make more informed trading decisions. The indicator includes: Dual analysis: Combines historical probability with forward-looking simulation. Quantified projections: Provides the Expected Value ($ and %), Win Rate, and Sharpe Ratio for both methods. Asset-aware: Automatically adjusts its calculations for Stocks (252 trading days) and Crypto (365 days) for mathematical accuracy. The projection cone shows the mean expected path and the +/- 1 standard deviation range of outcomes. No repainting Calculation: 1. Historical Expected Value: This is a systematic backtest over thousands of bars. It calculates the return Rᵢ for N past trades (buy-and-hold). The Historical EV is the simple average of these returns, giving a baseline performance measure. Historical EV % = (Σ Rᵢ) / N 2. Monte Carlo Projection: This projection uses the Geometric Brownian Motion (GBM) model to simulate thousands of future price paths based on the market's recent behavior. It first measures the drift (μ), or recent trend, and volatility (σ), or recent risk, from the Projection Lookback period. It then projects a final return for each simulation using the core GBM formula: Projected Return = exp( (μ - σ²/2)T + σ√T * Z ) - 1 (Where T is the time horizon and Z is a random variable for the simulation.) The purple line on the chart is the average of all simulated outcomes (the Monte Carlo EV). The cone represents one standard deviation of those outcomes. The dashed lines represent one standard deviation (+/- 1σ) from the average, forming a cone of probable outcomes. Roughly 68% of the simulated paths ended within this cone. This projection answers the question: "If the recent trend and volatility continue, where is the price most likely to go?" Here's how to read the indicator Expected Value ($/%): Is my average trade profitable? Win Rate: How often can I expect to be right? Sharpe Ratio: Am I being adequately compensated for the risk I'm taking? User Guide Max trade duration (bars): This is your analysis timeframe. Are you interested in the probable outcome over the next month (21 bars), quarter (63 bars), or year (252 bars)? Position size ($): Set this to your typical trade size to see the Expected Value in real dollar terms. Projection lookback (bars): This is the most important input for the Monte Carlo model. A short lookback (e.g., 50) makes the projection highly sensitive to recent momentum. Use this to identify potential recency bias. A long lookback (e.g., 252) provides a more stable, long-term projection of trend and volatility. Historical Lookback (bars): For the historical backtest, more data is always better. Use the maximum that your TradingView plan allows for the most statistically significant results. Use TP/SL for Historical EV: Check this box to see how the historical performance would have changed if you had used a simple Take Profit and Stop Loss, rather than just holding for the full duration. I hope you find this indicator useful and please let me know if you have any suggestions. 😊
Pine Script® indicator
by HenriqueCentieiro
2
DCA Cost Basis (with Lump Sum)DCA Cost Basis (with Lump Sum) — Pine Script v6 This indicator simulates a Dollar Cost Averaging (DCA) plan directly on your chart. Pick a start date, choose how often to buy (daily/weekly/monthly), set the per-buy amount, optionally add a one-time lump sum on the first date, and visualize your evolving average cost as a VWAP-style line. Features Customizable DCA Plan — Set Start Date , buy Frequency (Daily / Weekly / Monthly), and Recurring Amount (in quote currency, e.g., USD). Lump Sum Option — Add a one-time lump sum on the very first eligible date; recurring DCA continues automatically after that. Cost Basis Line — Plots the live average price (Total Cost / Total Units) as a smooth, VWAP-style line for instant breakeven awareness. Buy Markers — Optional triangles below bars to show when simulated buys occur. Performance Metrics — Tracks: Total Invested (quote) Total Units (base) Cost Basis (avg entry) Current Value (mark-to-market) CAGR (Annualized) from first buy to current bar On-Chart Summary Table — Displays Start Date, Plan Type (Lump + DCA or DCA only), Total Invested, and CAGR (Annualized). Data Window Integration — All key values also appear in the Data Window for deeper inspection. Why use it? Visualize long-term strategies for Bitcoin, crypto, or stocks. See how a lump sum affects your average entry over time. Gauge breakeven at a glance and evaluate historical performance. Note: This tool is for educational/simulation purposes. Results are based on bar closes and do not represent live orders or fees.
Pine Script® indicator
by endizio3433
Market Order Risk CalculatorObviously the Long/Short Position tool does this, but when you are scalping, 10 - 15 seconds matters. What matters more than that is defined risk, you dont want your losses being scattered, 300 here 145 there, you want consistent risk to have consistent data. What this does is when you are framing a trade, it provides a hands off tool that tells you exactly how many contracts to enter with, that way if you have bracket orders on, your stop will be exactly where you want it to be without going over your defined risk.
Pine Script® indicator
by kamron_lashley
IU Trade ManagementDESCRIPTION IU Trade Management is a powerful utility tool designed to help traders manage their trades with precision and clarity. It provides automated Stop Loss, Take Profit, and Break Even calculations using multiple customizable methods. Along with clear SL/TP plotting on the chart, it also displays a detailed trade status table that tracks every important detail including entry price, SL/TP levels, break-even, PNL, and trade duration. This tool is perfect for traders who want to manage risk and rewards visually and systematically. USER INPUTS : -Entry Candle Time: Default 20 Jul 2021 00:00 +0300 (select the candle from which the trade begins) - Entry Price: Default 2333 (define the price at which the trade is executed) - Trade Direction: Default Long (choose between Long or Short) - SL/TP Method: Default ATR (options: ATR, Points/Pips, Percentage %, Standard Deviation, Highest/Lowest, Previous High/Low) - Risk to Reward: Default 3 (set custom risk-to-reward ratio) - Use Break Even: Default false (option to enable break-even) - Plot Break Even Line: Default false (option to display BE line) - RTR of Break Even Point: Default 2 (factor used for BE calculation) SL/TP Method Specific Inputs: - ATR Length: Default 14 - ATR Factor: Default 2 - Points/Pips: Default 100 - Percentage: Default 1% - Standard Deviation Length: Default 20 - Standard Deviation Factor: Default 2 - Highest/Lowest Length: Default 10 Trade Status Table Settings: - Show Trade Status: Default true - Table Size: Default small (options: normal, tiny, small, large) - Table Position: Default top right - Frame Width: Default 2 - Table Color: Default black - Frame Color: Default gray - Border Width: Default 2 - Border Color: Default gray - Text Color: Default purple (RGB 212, 0, 255) HOW TO USE THE INDICATOR: 1. Set the entry candle time and entry price manually. 2. Select whether the trade is Long or Short. 3. Choose the preferred SL/TP calculation method (ATR, Percentage, Points, STD, High/Low, Previous High/Low). 4. Define your risk-to-reward ratio and enable break-even if required. 5. The indicator will automatically plot your Entry, Stop Loss, Take Profit, and Break Even levels on the chart. 6. A detailed trade management table will appear, showing trade direction, SL, TP, PNL (points and %), SL/TP method, and total trade time. WHY IT IS UNIQUE: - Offers multiple methods to calculate SL and TP (ATR, Percentage, Points, Standard Deviation, High/Low, Previous High/Low) - Built-in Break Even functionality for risk-free trade management - Real-time PNL tracking in both points and percentage - Trade status table for complete transparency on all trade details - Visual plotting of SL, TP, and Entry with color-coded zones for clarity HOW USER CAN BENEFIT FROM IT : - Helps traders manage risk and reward with discipline - Eliminates guesswork by automating SL and TP levels - Provides clear visual guidance on trade exits and risk management - Enhances decision-making with live trade tracking and performance statistics - Suitable for manual traders as a trade manager and for strategy developers as a risk management reference
Pine Script® indicator
by Shivam_Mandrai
Stop Loss vs Take Profit Probability and EVThis stop loss and take profit calculator uses a Monte Carlo simulation to calculate the probability of hitting your Stop Loss or Take Profit levels across different time horizons (expressed in bars). It provides data-driven insights to optimize your risk management and position sizing by showing Expected Value for each scenario. As a quant, I love using statistical data to help my decisions and get better EV from my trades. 🔬 How It's Calculated Monte Carlo Simulation: Runs 1,000-10,000 price simulations using a random walk model Volatility Analysis: Combines ATR-based and Historical Volatility for accurate price movement modeling Expected Value: Calculates profit/loss expectation using formula: (TP_Probability × Reward) - (SL_Probability × Risk) Time Horizons: Tests multiple timeframes (1, 5, 10, 20, 50 bars) to find optimal holding periods Risk/Reward Ratios: Automatically calculates and displays R:R ratios for quick assessment 💡 Use Cases Position Sizing - Determine optimal risk per trade based on Expected Value Time Horizon Optimization - Find the best holding period for your strategy Stop Loss Placement - Validate SL levels using probability analysis Take Profit Optimization - Set TP levels with statistical backing Strategy Backtesting - Compare different R:R setups before entering trades Risk Management - Avoid trades with negative Expected Value Swing vs Day Trading - Choose timeframes with highest success probability 🎯 How to Use Setup Trade: Enter your entry price, stop loss, and take profit levels You can add or remove time horizons denominated in bars. Say you are looking at 1h candles, adding a 24-bar time horizon means you are looking into 24 hours Choose Direction: Select Long or Short position Review Table Analyze Expected Value: Focus on positive EV scenarios (green background) Optimize Timing: Select time horizons with best risk/reward profile Adjust Parameters: Modify volatility calculation method and simulation count if needed Examples Here's how you can read the tables. Example 1: In this chart, we are analyzing the TP and SL probabilities as well as the EV (expected value) for a stock. I want to check what the likelihood is that my SL and TP get triggered over the next 5 days. The stock market is open for 6.5 hours per day, which is 13 bars in this 30-minute bar chart. 26 bars is 2 days, 39 bars is 3 days and so on. Although this trade is more likely to trigger my SL than my TP, in some of the time horizons we have a positive expected value because of the risk/reward of our trade (i.e. distance of the SL and TP from the price) and the probability of hitting SL and TP. Example 2: In this example, we have applied the indicator to gold. Because the TP is much closer to the price, the probability of hitting the TP is much higher. We can also observe that the expected Value in the shorter time frames is better than in the longer ones. This can give us some clues to set up our trade. If we know that the EV is positive, we can allocate more to that specific trade. Enjoy, and please let me know your feedback! 😊🥂
Pine Script® indicator
by HenriqueCentieiro
📊 Portafoglio Orizzontale (5 Tickers, Breakeven e Net ROI)📊 Horizontal Portfolio (5 Tickers, Breakeven & Net ROI) This advanced indicator allows you to monitor the real-time status of your portfolio, displaying crucial data for up to 5 tickers directly on your chart. Designed to offer clarity and control, the "Horizontal Portfolio" includes the calculation of breakeven price, net profit/loss (Net P/L), and Net Return on Investment (Net ROI), also taking into account commissions and capital gains tax. Key Features: Multi-Ticker Monitoring: Keep an eye on up to 5 assets simultaneously, with customizable inputs for symbol, entry price, and quantity. Breakeven Calculation: Instantly find out at what price you need to sell to cover all costs (including entry and exit commissions). Net P/L and Net ROI: View your profit/loss and return on investment already net of commissions and Capital Gains Tax (CGT), offering a realistic view of your performance. Flexible Commissions: Configure both entry and exit commissions as either a fixed value or a percentage of the transaction value. Customizable Taxation: Set the Capital Gains Tax (CGT) percentage for each individual ticker to get precise Net P/L calculations. Table Positioning: Choose where to position the information table on the chart (e.g., Top Right, Bottom Left, Middle Center) so it doesn't obstruct your analysis. Customizable Colors: Adapt the header, text, and background colors of the table, as well as colors for gains, losses, and breakeven, for better readability and integration with your chart theme. Why Use It? With the "Horizontal Portfolio," you get a compact yet powerful dashboard that provides all the essential information to make informed decisions about your investments. No more switching between different windows or spreadsheets: everything you need is at your fingertips, directly on your TradingView chart. How It Works: Enter your trade details (symbol, entry price, quantity, commissions, and CGT) in the indicator settings. The table will automatically update with current prices, showing you the real-time status of each position. Add this tool to your arsenal today and take your portfolio monitoring to the next level!
Pine Script® indicator
by Roger_Kint
Calculator - AOC📊 Calculator - AOC Indicator 🚀 The Calculator - AOC indicator is a powerful and user-friendly tool designed for TradingView to help traders plan and visualize trades with precision. It calculates key trade metrics, displays entry, take-profit (TP), stop-loss (SL), and liquidation levels, and provides a clear overview of risk management and potential profits. Perfect for both novice and experienced traders! 💡 ✨ Features 📈 Trade Planning: Input your Entry Price, Take Profit (TP), Stop Loss (SL), and Trade Direction (Long/Short) to visualize your trade setup on the chart. 💰 Risk Management: Set your Initial Capital and Risk per Trade (%) to calculate the optimal Position Size and Risk Amount for each trade. ⚖️ Leverage Support: Define your Leverage to compute the Required Margin and Liquidation Price, ensuring you stay aware of potential risks. 📊 Risk/Reward Ratio: Automatically calculates the Risk-to-Reward Ratio to evaluate trade profitability. 🎨 Visuals: Displays Entry, TP, SL, and Liquidation levels as lines and boxes on the chart, with customizable Line Width, Line Style, and Label Size. ✅ Trade Validation: Checks if your trade setup is valid (e.g., correct TP/SL placement) and highlights issues like potential liquidation risks with color-coded statuses (Correct ✅, Incorrect ❌, or Liquidation ⚠️). 📋 Summary Table: A clean, top-right table summarizes key metrics: Capital, Risk %, Risk Amount, Position Size, Potential Profit, Risk/Reward, Margin, Liquidation Price, Trade Status, and % to TP/SL. 🖌️ Customization: Adjust Line Extension (Bars) for how far lines extend, and choose from Solid, Dashed, or Dotted line styles for a personalized chart experience. 🛠️ How to Use Add to Chart: Apply the indicator to your TradingView chart. Configure Inputs: Accountability: Set your Initial Capital and Risk per Trade (%). Target: Enter Entry Price, TP, and SL prices. Leverage: Specify your leverage (e.g., 10x). Direction: Choose Long or Short. Display Settings: Customize Line Width, Line Style, Label Size, and Line Extension. Analyze: The indicator plots Entry, TP, SL, and Liquidation levels on the chart and displays a table with all trade metrics. Validate: Check the Trade Status in the table to ensure your setup is valid or if adjustments are needed. 🎯 Why Use It? Plan Smarter: Visualize your trade setup and understand your risk/reward profile instantly. Stay Disciplined: Precise position sizing and risk calculations help you stick to your trading plan. Avoid Mistakes: Clear validation warnings prevent costly errors like incorrect TP/SL placement or liquidation risks. User-Friendly: Intuitive visuals and a summary table make trade analysis quick and easy. 📝 Notes Ensure Entry, TP, and SL prices align with your trade direction to avoid "Incorrect" or "Liquidation" statuses. The indicator updates dynamically on the latest bar, ensuring real-time visuals. Best used with proper risk management to maximize trading success! 💪 Happy trading! 🚀📈
Pine Script® indicator
by AlchimistOfCrypto
Rolling Performance Toolkit (Returns, Correlation and Sharpe)This script provides a flexible toolkit for evaluating rolling performance metrics between any asset and a benchmark. Features: Library-based: Built on a custom utilities library for consistent return and statistics calculations. Rolling Window Control: Choose the lookback period (in days) to calculate metrics. Multiple Modes: Toggle between Rolling Returns, Rolling Correlation, and Rolling Sharpe Ratio. Benchmark Comparison: Compare your selected ticker against a benchmark (default: S&P 500 / SPX), but you can easily switch to any symbol. Risk-Free Rate Options: Choose from zero, a constant annual % rate, or a proxy symbol (default: US03M – 3-Month Treasury Yield). Annualized Sharpe: Sharpe ratios are annualized by default (×√252) for intuitive interpretation. This tool is useful for traders and investors who want to monitor relative performance, diversification benefits, or risk-adjusted returns over time.
Pine Script® indicator
by villia9