Indicator
Stock Intrinsic Value & MOS IndicatorStock Intrinsic Value and MOS Indicator is a powerful tool that can help investors to evaluate the potential value of a particular stock. By taking into account key financial metrics such as earnings per share, price-to-earnings ratio, and dividend yield, this indicator provides a comprehensive analysis of a company's fundamentals, and can be used to estimate its intrinsic value.
To use this indicator, simply input the relevant financial metrics for the stock you're interested in from Yahoo finance, including the P/E ratio, earnings per share, and dividend yield. The indicator will then calculate the stock's intrinsic value based on these inputs, taking into account the company's earnings potential and dividend payments.
In addition to calculating the intrinsic value, the Stock Intrinsic Value and MOS Indicator also allows investors to add a margin of safety to their analysis, which can help to account for unexpected market events or uncertainties. By adding a margin of safety of 20% - 30%, for example, investors can ensure that they are buying the stock at a significant discount to its intrinsic value, providing a cushion against potential losses.
Using the Stock Intrinsic Value and MOS Indicator can be a valuable tool for investors looking to make informed decisions about their investments. By taking into account key financial metrics and adding a margin of safety, investors can be more confident in their investment decisions, and can potentially maximize their returns over the long-term.
However, it's important to remember that the Stock Intrinsic Value and MOS Indicator is just one tool among many that investors can use to evaluate potential investments. As with any investment strategy, it's important to conduct thorough research and analysis before making any investment decisions. Additionally, it's important to keep in mind that no investment strategy is foolproof, and that even the most well-informed investment decisions can still result in losses.
Overall, the Stock Intrinsic Value and MOS Indicator can be a valuable tool for investors looking to evaluate potential investments and make informed decisions about their portfolio. By using this indicator in combination with other tools and strategies, investors can potentially maximize their returns and achieve their long-term investment goals.
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Ultimate P&L IndicatorHello everyone,
Excited to release this P&L Indicator! Read below for more details.
What it does:
This is an indicator that permits you to track your active P&L live on Tradingview. As well, it provides some insight into DCAing your position by giving you live estimates of your revised DCA if you were to add to your position at various targets/price points.
Who is it for:
I developed it because I trade 100% off of Tradingview but my broker does not support Tradingview integration. So I wanted a way to track my position live on the Tradingview platform without having to constantly reference my broker. I also wanted to be able to set position specific alerts right on Tradingview.
How does it work:
It works by the user manually inputting their trade information, including their DCA, position size and the date and time of position entry. The indicator can provide real time and live DCA adjusted estimates if you were to add to your position at the current stock price, or you can manually calculcate your revised DCA at a specific price target.
The indicator also displays your current and past performance on your position for the duration of the position period:
Elements:
Capabilities:
The indicator is compatible with both futures and share trading.
Option trading is not directly available, however, you can get an idea for your option position P&L by following the 1 option contract = 100 share rule.
So if you have 5 option contracts that you bought at a ticker price of, say, 38$, your average cost or DCA would be 38 and your position size would be 500. This will not be 100% accurate, but will be close enough to give you a feel for your active P&L.
If you are trading futures, you will need to select "Futures Trading" and specify the TIck and Index costs. A cheat sheet has been provided in the tool tip for ES, Oil and MNQ. The default is set for ES1! mini futures at 0.25 ticks per 50$.
Important tips:
1. Select the date and time of your position (optional): This is optional but will provide you with the clearest and most accurate review of how your position has performed, including the highest and lowest (drawdown).
2. Select whether it is a share position or a futures position (this is required).
3. Select whether it is a long or short position (this is required).
4. Input your DCA and position size (this is required).
5. Most importantly, select the ticker your position is based in!
I have also prepared a quick start video which is linked below:
As always, please let me know your comments/questions and feedback for the indicator.
Thanks for checking it out and safe trades everyone!
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Position Sizing Tool [Skiploss]The position sizing tool is an indicator to help calculate in trading, such as loss and gain, lots size, and risk-reward ratio.
When you open the indicator, you must select the entry, take profit, and stop-loss points.
Be careful;
The take profit point must be more than the entry point in the long position. On the other hand, it will be a short position.
The stop loss point must be less than the entry point in the long position. On the other hand, it will be a short position.
For contract size, you can find details on MetaTrader, Ctrader, or your broker.
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Position Sizer for UltraCap Trading Accreditation PlansWhen you enter a typical trading challenge, you are told that your accreditation assessment demo account is funded up to a certain amount. You are then told that you can only lose a small percentage of that account before you fail the accreditation/challenge. For example, if you are given a $100,000 dollar challenge demo account and are told that you can only lose up to 8% of that account ($8,000), then in reality, you really only have $8,000 to "trade" with before the game is over. That suggests that we need a risk management system that is initially based on the "true" amount of capital that we actually have to work with at the beginning of the assessment rather than an imaginary demo balance the prop firm gives us. Traditional forex risk management principles mandate that you never risk more than 2% of your trading capital on any one trade, the idea being that as long as your win rate is above some abysmally low level, it will take you a (hopefully) long time to run out of trading capital. That’s why the rules for passing an accreditation at the prop firm Ultra Cap mandate that you never risk more than 2% of your balance, or you will fail the assessment. With that in mind, I created this indicator/tool mostly for UltraCap accreditation candidates. In addition to using it to pass a prop firm assessment, you can also use it to increase your chances of surviving in an undercapitalized trading situation with your own money. For example, you could trade an actual $8,000 dollars (money that you really have) as if it were $100,000 (which is basically what any prop firm is asking you to do when they "give" you "$100,000" to trade with but only allow you lose a maximum of $8000). In that particular situation, the algorithm in this pricing model will base your initial risk exposure on an assumed account balance of $8000, and as you increase your balance, it proportionally increases risk exposure in the background until you reach a profit level of 6%, which just so happens to be the profit goal at Ultra Cap that gets you funded! This indicator uses a simple linear equation to progressively increase the risk exposure in the background based on your current stated account balance. Initially, your trade size will seem ridiculously small, but if your win rate holds up, the trade sizes will increase substantially as you get closer to the finish line. Indicator
Price Distance RatioThis study plots the ratio between current price and the price N days ago.
With N input that is configurable, users can find optimal long/short entries when price is in an established trend and price has diverge far from a given local peak or all time high.
With many years of stock trading the analysis indicates a connection between the distance of price and subsequent returns.
Portfolios of stocks with lower price to local highes ratios generally underperformed portfolios of stocks with higher prices to peaks reached similar N days ago.
The highest returns to previous peak are recorded when buying at the biggest dip.
For example, the purchase at 20% drawdown could generate 25% when price returns to the peak. The purchase at 50% drawdown could generate bigger, i.e. 100% return, when price returns to the peak. And the purchase at 90% drawdown could generate much bigger, i.e. 900% return, in a case the price returns to the peak.
However, buying very far below local peaks on almost all holding periods produces lower CAGR returns because of "timing adjustment". In simple words, typically the drawdown takes less time vs. further recovery.
For example:
👉 The largest BTC drawdown in 2013-2015 took 410 days (Peak-to-Valley) . And the recovery of BTC to new highs took 771 days (Valley-to-Peak) after that.
👉 The 3rd longest drawdown in BTC took 363 days (observed from December 17, 2017 to December 15, 2018). And further recovery in BTC to its new high took almost two years - 716 days .
👉The 4th longest drawdown in BTC took 162 days (observed from June 08, 2011 to November 17, 2011). And further recovery in BTC to its new high took more than a year - 469 days .
The concept of this study could recognizes at least 4 different modes of action.
👉 In a clearly established upward trend traders should be buying (following the trend) when Ratio is above 100% and reducing the size when Ratio turns below 100%.
👉 Conversely, in a clearly established downward trend traders should be shorted when Ratio is below 100% and covering when the Ratio turns back to 100%.
👉 In a sideways movement traders are advised to wait carefully if the Ratio near 100% for a long time, and take a position the trend is clear.
👉 Chartists can analyze the dynamic of the indicator - both in terms of trends and overall level. For example as it shown at the chart.
The understading of the study and rules of "timing adjustments" could genarate the awesome opportunities for stock options traders also, with strategies of selling uncovered call options and vertical call spreads.
// Many thanks to @HPotter and @Wheeelman wizards for their continious support and assistance.
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Rotational Gravity OscillatorMade using elements from two Cheatcountry scripts:
Includes a Bollinger Band for bounds that forms a trend follower based on the 0 point.
Includes CheatCountry color code signals, different color scheme. Bright colors are strong signals, ark are weak, green bull, red bear, the basics.
Switches for Bollinger Band color codes, which can actually be useful signals.
This oscillator can be used for divergences, trends, signal strength, confirmation, volatility readings, you name it.
It is a comparative oscillator, that compares adaptively smoothed, weighted modified Change of Gravity oscillators between 2 symbols and multiple lengths to determine directional momentum as one asset compares to another.
The default uses the Crypto TOTAL market cap to help trade cryptocurrencies. You will notice that BTC will give sell signals in uptrends at times. That is because it is being compared to an index of the total Crypto market cap, and since alt-coins move faster, BTC will lag behind this index.
Give CheatCountry a follow, hes one of the MVPs of Tradingview Pinescripters, constantly giving us access to novel new concepts as they are published by professionals. Indicator
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Basic Position Calculator (BPC)In trading, proper position sizing is essential to managing risk and maximizing returns. The script provided is a Basic Position Calculator that allows traders to quickly and easily calculate their position size, stop loss, take profit, and risk reward ratio for a given trade.
The script starts by defining several inputs for the user to customize the calculations. The first input is the "Account Size", which specifies the total amount of funds available for the trade. The next input is "Risk Amount %", which is the percentage of the account size that the trader is willing to risk per trade. The "Stop Loss" input specifies the maximum amount of loss that the trader is willing to accept, while the "Reward" input is the desired profit target for the trade. Finally, there is a "Position" input that allows the user to specify where on the chart the table of calculations will be displayed.
The script then calculates the position size, stop loss, take profit and risk reward ratio using the user-specified inputs. The position size is calculated by dividing the risk amount by the stop loss. The stop loss is calculated by multiplying the stop loss percentage by the close price, and the take profit is calculated by multiplying the stop loss percentage by the close price and the reward. Risk-reward ratio is the ratio of amount of profit potential to the amount of risk in a trade.
The script then creates a table and displays the calculated values on the chart at the specified location. The table includes the following information: account size, position size, account risk %, stop loss, stop loss %, take profit, take profit % and risk reward ratio. This allows the trader to quickly and easily see all the key calculations for their trade in one place.
Overall, the Basic Position Calculator script is a valuable tool for any trader looking to quickly and easily calculate their position size, stop loss, take profit, and risk reward ratio for a given trade. The ability to customize the inputs and display the calculations on the chart makes it a useful and user-friendly tool for managing risk and maximizing returns. Indicator
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Entry helperHello traders,
This is a script I use daily as a scalper and it helps me a lot, maybe it can help you, this is why I am sharing it!
PART 1 - DESCRIPTION
This program is specifically designed to help scalpers but can be used for all types of trading but won't be as useful.
This script is what I call an entry helper as it calculates dynamically the position size, stop loss and take profit levels and more.
When scalping and placing market entry orders, the price can move significantely while you are calculating your position size according to your stop loss, capital, risk and especially close price that changes very quickly, this results in a risk that is not ideally controlled and personally was a source of frustration and stress. I wanted to enter my quantity and stop loss values as fast as possible and make the process easier.
This script automates the calculation of the position size, stop loss and take profit levels according the the users input and prints the data visibly on the screen so it is easy to copy by the trader. It allows the trader to be confident that his risk is as controlled as possible.
The script is easy to use and set up, this guide will help you if you have any difficulies or questions.
PART 2 - HOW TO USE THE SCRIPT
- SET THE CAPITAL SETTINGS
1 - Set your capital value in $
- SET THE TRADE SETTINGS
2 - Set your trade side (BUY or SELL)
3 - Set you desired risk in % of your capital
- ENTRY SETTINGS
4 - Set your entry from 2 different options
|MARKET| (default option)
This option will place the entry level at the last available price
|LIMIT|
This option allows you to input a fixed price level for the entry
- STOP LOSS SETTINGS
5 - Select your stop loss placement from 4 different options
|EXTREMA STOP LOSS| (default option)
This option will place the stop loss at the highest/lowest (extrema) price level within the last N candles
|ATR EXTREMA|
This option uses the same price level as the EXTREMA STOP LOSS but will add/soustract the last ATR value (calculated on the N last candles) multiplied by a coefficient that you input
|TICKS EXTREMA|
This option uses the same price level as the EXTREMA STOP LOSS but will add/soustract a number of ticks that you input
|PRICE LEVEL|
This option allows you to input a fixed price level for the stop loss
- TAKE PROFIT SETTINGS
6 - Select your take profit from 3 different options
|NONE| (default option)
This option will not display any take profit level, I have added this option as I don't have take profit targets
|RR|
This option uses a risk to reward ratio (reward/risk) that you input, it will automatically calculate the take profit level that corresponds
|PRICE LEVEL|
This option allows you to input a fixed price level for the take profit
- QUANTITY AND FEE SETTINGS
7 - Set the quantity settings, it represents the quantity in a lot (usually 100 000 in forex, 100 in stocks 1 for crypto currencies)
8 - Set the fee per quantity (turning lot)
- VISUAL SETTINGS
9 - Show or remove the tab
- TAB SETTINGS
10 - Select the data that you want to display in the tab (the tab will adapt automatically)
NOTES:
The vertical dashed line shows what candle has been used for the calculation of the stop loss, it allows you to visualize what candle the script has selected in case of an EXTREMA stop loss option.
I hope this helps you out! Any suggestions are welcome and I hope that the guide is clear enough.
Happy trading! Indicator
