Trend Analysis: The script uses moving averages to gauge the prevailing market trend. These averages serve as benchmarks to determine whether the market is in an uptrend or downtrend, helping traders make informed decisions on when to enter or exit trades. Market Momentum: It assesses the strength and momentum of the stock using the RSI (Relative Strength Index)...
BINANCE:BTCUSDT Open source version of the Trend-Quality Indicator as described by David Sepiashvili in [ Stocks & Commodities V. 22:4 (14-20) ] Q-Indicator and B-Indicator are available both separately or together █ OVERVIEW The Trend-Quality indicator is a trend detection and estimation tool that is based on a two-step filtering technique. It measures...
Business Quality Score (BQS) is an indicator that can be used to determine how strong, safe and efficient a business is. Generally speaking, a negative reading under 0 indicates a poor quality business, a reading between 1-10 indicates an average quality business and a reading above 10 indicates a high quality business. This indicator is only applicable on...
An attempt to show fundamental stats which describes quality of the stock. Following parameters are depicted: SOLVENCY DEBT_TO_EQUITY Very Good : 0 - 1 Good : 1 - 2 High risk : > 2 DEBT_TO_ASSET Very Good : < 0.4 Good : 0.4 - 0.6 High Risk : > 0.6 LONG_TERM_DEBT_TO_ASSETS Very Good : < 0.4 Good : 0.4 - 0.6 High Risk : > 0.6 ...
Given that we are primarily focussed on trend-following, we built this indicator in a quest to assess the "quality" of a market. It was adapted primarily from methods that trading coach Dr. Van Tharp popularised, namely to do with his SQN. This indicator has 5 zones that act to classify the market: Strong Bull - Dark Green Bull - Green Neutral - Grey Bear -...