PEG RatioHello everyone,
Quick script to check the PEG Ratio.
What is PEG Ratio?
The price/earnings to growth ratio (PEG Ratio) is a stock's price-to-earnings (P/E) ratio divided by the growth rate of its earnings for a specified time period. The PEG ratio is used to determine a stock's value while also factoring in the company's expected earnings growth, and is thought to provide a more complete picture than the more standard P/E ratio.
A PEG Ratio greater than 1.0 means that the stock is overvalued, while below 1.0 means is is undervalued. When the PEG Ratio is exactly 1.0, then the stock is trading at fair valuation.
Formula:
PEG Ratio = (Price / EPS) / EPS Growth
Examples:
Company A:
Price per share = $46
EPS this year = $2.09
EPS last year = $1.74
Company B
Price per share = $80
EPS this year = $2.67
EPS last year = $1.78
Company A
P/E ratio = $46 / $2.09 = 22
Earnings growth rate = ($2.09 / $1.74) - 1 = 20%
PEG ratio = 22 / 20 = 1.1
Company B
P/E ratio = $80 / $2.67 = 30
Earnings growth rate = ($2.67 / $1.78) - 1 = 50%
PEG ratio = 30 / 50 = 0.6
The company A is overvalued whiled the B is undervalued.
In this script an overvalued stock is considered when the PEG Ratio is above 1.1, while it is 0.9 for an undervalued stock.
Only works with Stocks.
Happy trading,
Analysis
Range StrengthRange Strength is a super simple indicator designed for the mean reversion (range trading) strategy, it shows you how strong the market is ranging or trending. When the indicator is positive (green color) the market is a range mode, when the indicator is negative (red color) it is in a trending mode.
It's best used together with our Buy Sell Bands indicator to identify entry and exit signals within the range, ideally only taking trades when the Range Strength indicator is showing positive (green) readings.
How Is It Different From Other Indicators?
- Designed specifically for the mean reversion (range trading) strategy
- Shows one simple reading and graphical representation of range strength
- Identify the best times to take mean reversion trades versus trend trades
- Works well in conjunction with the Buy Sell Bands indicator to validate entry & exit signals
- Can be applied to all markets and timeframes
How To Use The Indicator?
1) Visit our website URL shown below this description and signup
2) We will then grant your TradingView username permission to use our indicators
3) Go to your Indicators window, then the Invite-Only section and add our indicators to your chart
4) Our indicators will then show on every chart you now look at
5) You can set up alerts to be notified in real time of trading signals from our indicators
6) Read our user manual for all the best tips on how to use our indicators as part of a range trading strategy
7) Feel free to reach out to us for personal one-on-one help with getting setup
What Markets and Conditions Does It Work Best On?
All markets cycle between trending and ranging modes, and the key to successfully using our indicators is identifying when the market is in or about to go into a range trading mode, and as such it can be applied to all markets and timeframes.
Some markets and timeframes trade within ranges more predictably than others, for example Forex, Cryptocurrencies, and Futures on the 15 minute timeframe during the US night session can work well due to the lack of price sensitive news creating lasting trends. With Stocks & ETFs on the 5 minute timeframe during the midday session on large cap blue chip stocks with no recent news releases can show strong range trading environments to use our indicators in.
In addition to single markets, you can also use our indicators on pair charts, for example Coca Cola(KO) versus Pepsi(PEP), you can do this by entering KO/PEP inside your TradingView chart quote box and it will bring up a pair chart. Our indicators will show buy and sell signals right on the pair chart just like any other single instrument chart. You can get very creative with what type of pairs you can come up with.
Our indicators are primarily designed for day trading and swing trading, however they can also be used for position trading and investing by identifying technically oversold and overbought range levels that are based on current and past volatility around a dynamic average price, for this we recommend using a weekly chart to identify longer trading opportunities.
As always indicators should be used as part of a trading strategy to assist in making decisions, you can't just blindly follow every signal they produce, you should always seek to compliment technical trading signals with additional analysis to reduce your risk and increase your odds of making a winning trade.
Examples Of Use On Various Markets and Timeframes
GBP vs CHF Forex Pair 15 Minute Chart
Tesla Stock 1 Minute Chart
Bitcoin vs USD Crypto Pair 15 Minute Chart
Micro E-Mini SP500 Futures 1 Minute Chart
Mastercard vs Visa Stock Daily Pair Chart
To gain access to the Range Strength and Buy Sell Bands Indicators visit our website shown below.
Happy Range Trading :)
VSA VolumeVolume indicator judging level of volume per bar accordingly to Volume Spread Analysis rules. It allows either to set static volume levels or dynamic ones based on ratio comparable to Moving Average. Bars are coloured based on ratio or static levels, visually presenting level of Volume (low, average, high, ultra high).
VSA SpreadMeasures spread of the candle, useful especially for Volume Spread Analysis (VSA) and to measure trend strength. Spread is coloured based on level comparable to Moving Average.
SBER IVA - Investment Volume Analysis v1.0IVA or Investment Volume Analysis indicator checks for accumulation and distribution by the investors and highlights the levels as below:
Red levels - Distribution is ON
What to do? Either minimize the investment or book profit
If price is above Red levels, it is highly likely to be a trap or manipulated move, even best moves at times can be trap.
Blue levels - Accumulation is ON
What to do? Either initiate investment or increase the exposure as per your risk appetite
If price is below Blue levels, it is highly likely to be a trap or manipulated move, even best moves at times can be trap.
Advanced usage:
With SBER EMA48 channel - If price breakout of the channel and accumulation IVA zone, then it is considered both value and volume investment.
Inflation Rate HistogramThis script is designed to show a histogram of the inflation rate, based on FRED's CPI data. It shows the yearly change in cpiaucsl. As of right now, this script only works correctly on the yearly timeframe (12M). I'm currently looking into a solution to make this script work on all time frames. This script can be useful for comparing growth to inflation, or just if you want to see how inflation was for a certain year. This script really puts the stagflation into perspective.
GAPS CheckerUsing this indicator allows you to indentify large GAPS directly in your stock chart at first glance.
It uses two different sorts for large GAPS (e.g. larger than 3%) and for very large GAPS (e.g. larger than 6%). These values can be changed in the indicator settings.
Hope this helps many of you to be more efficient in your chart analysis - have fun!
SPY CheckerUsing this indicator allows you to check the SPY for large gaps and candles (e.g. >1%) directly in your stock chart at first glance.
It is now also possible to use this indicator for all stock charts and to get the SPY indication on them visible without opening the SPY chart explicitly.
You are able to display the SPY trendline in the current chart as an overlay (yellow line) and configure the SPY trendline adjustment in the indicator settings. This will allow you to determine if the current stock chart is following the SPY or not. And you can also select a trading stop for several days in the indicator settings, which is visible through the green and red background color.
Hope this helps many of you to be more efficient in your SPY verification - have fun!
Large Candles CheckerUsing this indicator allows you to indentify large candles directly in your stock chart at first glance.
It uses two different sorts for large candles (e.g. larger than 3%) and for very large candles (e.g. larger than 6%). These values can be changed in the indicator settings.
Hope this helps many of you to be more efficient in your chart analysis - have fun!
The *Large Candles Checker* algorithm was optimized in the updated version. Also tails and wicks (also referred to as long and short shadows) were added to the calculation.
You will be able to configure the tails and wicks in the indicator settings.
The calculated percentage value of large candles will now also be displayed.
GAPS Checker v2 PROUsing this indicator allows you to indentify large GAPS directly in your stock chart at first glance. The algorithm of the indicator *Gaps Checker v2* was optimized in this new indicator as well as it using the new pine script version v4. For backwards compatibility reasons this indicator is published.
This indicator is available in two versions ‘Lite’ and ‘PRO’. The difference is the calculated precision and the percent inputs in integer numbers or more granular in float values.
It uses two different sorts for large GAPS (yellow, e.g. larger than 2%) and for very large GAPS (red, e.g. larger than 4%). These values can be changed in the indicator settings.
Hope this helps many of you to be more efficient in your chart analysis - have fun!
GAPS Checker v2 LiteUsing this indicator allows you to indentify large GAPS directly in your stock chart at first glance. The algorithm of the indicator *Gaps Checker v2* was optimized in this new indicator as well as it using the new pine script version v4. For backwards compatibility reasons this indicator is published.
This indicator is available in two versions ‘Lite’ and ‘PRO’. The difference is the calculated precision and the percent inputs in integer numbers or more granular in float values.
It uses two different sorts for large GAPS (yellow, e.g. larger than 2%) and for very large GAPS (red, e.g. larger than 4%). These values can be changed in the indicator settings.
Hope this helps many of you to be more efficient in your chart analysis - have fun!
Large Candles Checker v2Using this indicator allows you to indentify large candles directly in your stock chart at first glance. The algorithm of the indicator *Large Candles Checker v2* was optimized in this new indicator as well as it using the new pine script version v4. For backwards compatibility reasons this indicator is published as v2.
Added tails and wicks (also referred to as long and short shadows) to the calculation algorithm. You will be able to configure the tails and wicks in the indicator settings. And the calculated percentage value of large candles will now also be displayed.
It uses two different sorts for large candles (yellow, e.g. larger than 3%) and for very large candles (red, e.g. larger than 6%). These values can be changed in the indicator settings.
Hope this helps many of you to be more efficient in your chart analysis - have fun!
SPY Checker v2Using this indicator allows you to check the SPY for large gaps and candles (e.g. >1%) directly in your stock chart at first glance. The algorithm of the * SPY Checker v2* indicator was optimized in this new indicator as well as it using the new pine script version v4. For backwards compatibility reasons this indicator is published as v2.
It is now also possible to use this indicator for all stock charts and to get the SPY indication on them visible without opening the SPY chart explicitly. Additionally added a several days trading stop feature, which is visible on the chart through the green and red background color. This configuration is available in the indicator settings.
Hope this helps many of you to be more efficient in your SPY indication - have fun!
PRIME - ETHUSD - BYBITPRIME is a hyper-focused indicator made for a specific asset and timeframes. The goal of the indicator is to help you simplify and optimize your trading.
As of writing this, the indicator is optimized for the 1H and 4H timeframes.
The indicator will provide you with:
Potential buy and sell zones (the green and red vertical lines/flashes).
The trend of the market, with the cloud as support/resistance.
And the daily, weekly and monthly closes (as D, W and M).
In addition to these, the indicator also comes with the following alerts:
BUY ZONE
SELL ZONE
STOPPED FLASHING
CLOUD TOP X
CLOUD BOTTOM X
These alerts will allow you to know when some of the best opportunities in the market might be present.
This specific version of the indicator is for ETHUSD . However, I can adjust it to your favorite asset.
For access, questions, and full documentation, please message me here on TradingView.
PRIME+ BTCUSDPRIME+ is a hyper-focused indicator made for a specific asset and timeframes. The goal of the indicator is to help you simplify and optimize your trading.
As of writing this, the indicator is optimized for the 3m and 1H timeframes.
The indicator will provide you with:
Potential buy and sell zones (the green and red vertical lines/flashes).
The trend of the market, with the cloud as support/resistance.
The daily, weekly and monthly closes (as D, W and M).
And additional tools for the 3m for best entries and exits.
In addition to these, the indicator also comes with alerts for the flashes:
BUY ZONE
SELL ZONE
These alerts will allow you to know when some of the best opportunities in the market might be present.
This specific version of the indicator is for BTCUSD . However, I can adjust it to your favorite asset.
For access and questions, please message me here on TradingView.
PRIME - XBTUSDPRIME - XBTUSD is an indicator made specifically for XBTUSD on the 1 hour timeframe .
The indicator will help you know:
Potential areas to buy and sell (the flashes).
The trend of the market (the wavy cloud).
Important support/resistance areas (the wavy cloud).
And the daily, weekly and monthly closes (as D, W and M).
The indicator comes with the following alerts:
BUY BTC (1H)
SELL BTC (1H)
The alerts must be set on the 1 hour timeframe.
The goal of the indicator is to make trading simple and sustainable regardless of your lifestyle.
PS. The buy and sell flashes only show on the 1 hour; and the cloud and closes up to the 12 hour (to keep the chart clean).
PPS. For access and questions, message me here on TradingView. If you need it for another asset, I can adjust the settings for you.
PRIME - BTCUSDPRIME - BTCUSD is an indicator made specifically for BTCUSD on the 1 hour timeframe .
The indicator will help you know:
Potential areas to buy and sell (the flashes).
The trend of the market (the wavy cloud).
Important support/resistance areas (the wavy cloud).
And the daily, weekly and monthly closes (as D, W and M).
The indicator comes with the following alerts:
BUY BTC (1H)
SELL BTC (1H)
The alerts must be set on the 1 hour timeframe.
The goal of the indicator is to make trading simple and sustainable regardless of your lifestyle.
PS. The buy and sell flashes only show on the 1 hour; and the cloud and closes up to the 12 hour (to keep the chart clean).
PPS. For access and questions, message me here on TradingView. If you need it for another asset, I can adjust the settings for you.
Dividend Yield with 2 Moving Average for see SpreadI "applied" the dividend yield on the original library script which I adding 2 Exponential Moving Average.
That is average the Long term of Dividend Yield and Short Term of Dividend Yield.
To estimate the Trend that "Is it worth to invest this stock right now?"
If the dividend yield right now is higher than both maybe it worth it on the past
(You can used your price pattern skill to make an entry with backed by adjusted yield------> I think it will help you for estimate pre-total return for Hybrid with Fundamental and Technical )
Hope it will help you ><
PS. it has a problem when using with "Split" stock ( for example 1 Year on "Day" Timeframe )
if somebody can help me .pls help me pls TT
Ps2. Be warry of the stock that don't has consistency pay dividend out and some "special dividend" that don't come form the real operating income.
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สวัสดีมิตรสหายเทรดเดอร์หุ้นไทยทุกท่าน ผมสร้างอินดิเคเตอร์ สำหรับดูผลตอบแทนจากเงินปันผล พร้อมกับเส้นค่าเฉลี่ย เคลื่อนที่ 2 เส้น
เพื่อเป็นการดูแนวโน้มของราคาหุ้น และเพื่อจับจังหวะการซื้อหุ้นนะครับ
ผมขอยกความดีความชอบของ ท่าน Library Script นะครับ ที่มี Format ของการคำนวณเงินปันผลมาให้ ผมทำเพียงแค่ปัดฝุ่น และ Mod เส้นค่าเฉลี่ยขึ้นมาครับ
ไม่มีอะไรจะดีไปกว่าการซื้อหุ้นแล้วมีปันผลรองรับ ซับแรงกระแทกตอนที่กดเข้าซื้อหุ้นไปอีกแล้ว
สำหรับมิตรสหายท่านใดที่ศึกษาศาสตร์ด้าน "พื้นฐาน" และ "เทคนิค" อินดิเคเตอร์นี้อาจช่วยท่านหาจุดเข้าซื้อ ที่คุ้มค่าด้านเงินปันผล และเป็นจุดซื้อที่แม่น ขลัง มากขึ้นนะครับ
ผมว่าหากใช้ควบคู่กับเรื่อง Price Pattern คงเป็นประโยชน์ไม่น้อยเลย
ขอให้อินดิเคเตอร์นี้มิประโยชน์แก่ทุกท่านนะครับ
Ps. บางที เจ้าอินดิเคเตอร์นี้อาจมีปัญหา เมื่อใช้กับหุ้นที่เคยมีการแตกพาร์มาก่อนนะครับ ท่านอาจต้องใช้ Timeframe อื่นที่ไม่ครอบครุมช่วงเวลาที่แตกพาร์ครับ
ซึ่งตรงนี้ ผมยังหาวิธีแก้ไม่พบครับ มิตรสหายท่านใดช่วยมาก ผมจะยินดีอย่างยิ่ง
Ps2. ระมัดระวังหุ้นที่จ่ายปันผลไม่สม่ำเสมอ และหุ้นที่จ่ายปันผลจากกำไรพิเศษ หรือจ่ายจากเงินที่ไม่ได้มาจากการดำเนินงานตามปกตินะครับ เช่นการขาย Asset เข้า กอง Reit ขายหุ้นในบริษัทลูกและอื่นๆ
BTC Transaction/On-Chain Volume (Basic)Description:
Whale: Whale utilizing discounted prices (increasing on-chain volume & decreasing price)
Recovering: Positive momentum in price after potential whale activity
Cycle Volume Support: The transaction volume support during a cycle
What’s the best time to invest?
After institutions make up their mind at low price levels.
How’s on-chain volume related to whales or institutional money?
On-chain volume is contributed not only by using BTC as payment methods, but more importantly by large custodians using the BTC chain to settle internal whale trades. When OTC volume is estimated 2-3 times of exchange volume, and when total on-chain volume is only a small fraction of the exchange volume, the OTC settlement plays a big factor in moving the on-chain volume around.
Why does the price drop further after spotting whale money?
Does new money equal higher true value? Yes.
Does new money equal higher price? No.
Whales could not only ladder in when they see the price on discount, but also push the price further down to accumulate at better price levels. However, either route chosen, it’s most likely for the price to rise to a higher level compared to the level when the whales enter. Whales are here to make money after all.
Blockchain Fundamentals - Golden Ratio Multiplier GRMBlockchain Fundamentals - Golden Ratio Multiplier GRM
Intro
This strategy was put forth by Phillip Swift (a.k.a PositiveCrypto) as guidelines for bitcoins market cycles.
Description
The new insight comes when we multiply the 350 day moving average (which we will refer to as the 350DMA) by specific numbers. Those mathematically important numbers are:
-The Golden Ratio = 1.61803398875
-Fibonacci Sequence = 1, 1, 2, 3, 5, 8, 13, 21…
Using those three moving average lines (350DMA x 1.6, x2, x3) has allowed us to pick out almost every single intra-cycle price high in Bitcoin’s history.
The next numbers in the Fibonacci sequence are 5, 8, 13, and 21.
Remarkably, when we use these multiples of the 350 day moving average, they pick out each of Bitcoin’s market cycle tops going all the way back to the first price bubble in 2011.
Additions
I added the ability to select from a few types of moving averages and to change the base MA length. This will allow you to experiment and find your own potential correlations.
I also added the bottom most (yellow) line you can see which is the base MA minus the 0.618. This has been a great market bottom level for calling capitulation.
I also added in the ability to plot additional fibonacci and gann numbers.
I Also added some trade state logic when to long/short though its not perfect by any means but a work in progress.
👍 We hope you enjoyed this indicator and find it useful! We post free crypto analysis, strategies and indicators regularly. This is our 75th script on Tradingview!
Blockchain Fundamentals - Satoshies Per Dollar by Cryptorhythms🔗Blockchain Fundamentals - Satoshis Per Dollar by Cryptorhythms
Intro
SPD is a new metric I propose which can be used to determine general sentiment and help narrow down periods to DCA .
Description
In the most basic sense this indicator is simply showing you how many satoshies are equal to one US dollar . This can be a useful metric to keep stored in the back of your mind. It can also give you a new satoshi based perspective on bitcoin pricing.
I simply added an MA selection option to give a basic sentiment reading. You could also use the red areas as a modified DCA (i.e. only do dollar cost averaging when red zone is in effect.
The indicator is not really meant for buy/sell signaling but more as a reference
👍 We hope you enjoyed this indicator and find it useful! We post free crypto analysis, strategies and indicators regularly. This is our 71st script on Tradingview!
💬Check my Signature for other information
(9) Count Closing Score & Long Tails VS-222This indicator simply determines if the relationship of the close was close to the High or the Low of the day and provides you with a ten day running total. You are allowed to adjust what the actual proximity of the extreme parameters must be in order to be counted. The default is 10 for the low and 90 for the high.
This indicator takes a ten day cumulative look at the Closing Scores, close to the low shown in red. The Closing Score's close to the high, show in green and finally the ten day count of the occurrence of long tails. Since this is calculated over a 10 day period of time, the scale is between 0 and 10.
Here again, you have an additional tool that provides you with the current sentiment, but just as importantly, how that sentiment is transitioning over time.
The blue columns indicate trading days that produced long tails and again provides you with a ten day running total. Because most institutional and all program trades are designed to be executed with a specific price range, when retail traders' orders are filled outside of these parameters the only orders remaining to fuel the market are orders who's prices are bracketed and thus will revert the trading range back into this channel producing a long tail in those trading days. Of course, there are other circumstances that can cause long tails, but when you see a series of days that all have long tails and the price trend is not changing dramatically combined with approximately equal trading volume for those days, you are in all probability seeing institutional and / or programed trades. You want to see this indicator above 8 before it is meaningful in my experience.
This is a very good thing to see if you are looking for stocks about to make a dramatic move and more often than not it will be to the upside.
Access this Genie indicator for your Tradingview account, through our web site. (Links Below) This will provide you with additional educational information and reference articles, videos, input and setting options and trading strategies this indicator excels in.
(8) Closing Score VS-345Closing Score discloses to traders the sentiment of the traders in control of the current price. If we can accurately determine trader’s sentiment, we can determine where the market is heading.
Closing Score utilizes a very simple concept and formula to determine the trader's collective sentiment. The formula (((Close – Low) / (High – Low) * 100)) produces a range that is extracted from the true range of the stock’s activity. The High to the Low within the time frame / bars you have chosen. The final output of the formula produces a finite score, between 0 and 100 that indicates to the trader, what the sentiment of the traders where, at the conclusion of this bar or at the end of the trading day. This is displayed on a graph with 10 horizontal stratifications (shown below) each representing 1/10 of the indicators total range of 100. The final dots utilized to indicate the output of this indicator are then rounded to allow placement within the graphs stratification.
The closer the indicator's outputted signal comes to either extreme, zero or 100, the stronger the correlation is between the closing score and future price movements. 97 to 100 are very strong positive signals. 0 to 3 are very negative signals and both have been validated as statically significant, Three-Sigma-Signals. Additionally, we have added an interior band within the placement of the dots to indicate that their proximity is within 3% of the extreme reading of this indicator. If the volume is above the 14 day moving average it is indicated by placing a dot within the center of the indicator dots to denote a volume confirmation of this specific indicators signal. Dots that are both within the statistically relevant, extreme range and the volume for these bars were above the 14 day moving average produce a bulls-eye.
If you study or use candlestick analysis in your trading, you can think of Closing Score as an automatic candle stick analysis tool. Take a look at any candlestick pattern and compare the point of the closes in that pattern with its corresponding closing score and you will see a very strong correlation, greater than 95%, between what the Closing Score indicates and what the candlestick pattern is indicating.
There is an in-depth explanation of this indicator on our website as well as multiple resources related to understanding trader emotions and sentiment. This indicator was published in the Journal of Technical Analysis of Stock and Commodities; June, 2016 by Michael Slattery.
Access this Genie indicator for your Tradingview account, through our web site. (Links Below) This will provide you with additional educational information and reference articles, videos, input and setting options and trading strategies this indicator excels in.
