Understanding the CAPEX Ratio: An Essential Financial Metric Introduction In the world of finance, understanding how companies allocate their resources and reinvest their earnings is crucial for investors and analysts. One fundamental metric used to assess a company's investment behavior is the CAPEX Ratio. This article delves into what the CAPEX Ratio...
Displays the difference in yield between multiple bond pairs for a given country. Currently supports US, DE, and GB bonds
I created this indicator to be used in conjunction with my other indicator "True stock performance based on Earnings Yield". I've detailed in that description how true performance is calculated. In short it measures how much EY is moving in relation to the stock price. The theory is that if stock price is moving heavily while EY isn't you have a sentiment driven...
This is an open-source version of the Buffett indicator. The old version was code-protected and broken, so I created another version. It's computed simply as the entire SPX 500 capitalization divided by the US GDP. Since TradingView does not have data for the SPX 500 capitalization, I used quarterly values of SPX devisors as a proxy. I tried to create another...
The Statistics • Chi Square • P-value • Significance publication aims to provide a tool for combining different conditions and checking whether the outcome is significant using the Chi-Square Test and P-value. 🔶 USAGE The basic principle is to compare two or more groups and check the results of a query test, such as asking men and women whether they want to...
🟧 GENERAL The script works on the Monthly Timeframe and has 2 main settings (explained in FEATURES ). It uses the US CPI data, reported by the Bureau of Labour Statistics. 🔹Functionality 1: The main idea is to plot the distance between the CPI line and the 5 year moving average of the CPI line. This technique in mathematics is called "deviation from the moving...
NVT Z-Score Script: Data Source and Calculation: This script calculates the NVT ratio by dividing the market cap (assumed from QUANDL data) by a 90-day MA of the transaction volume (also from QUANDL), similar to the NVTS calculation. However, the adaptation lies in further analyzing the NVT ratio through a Z-score approach, not explicitly described in the original...
Heyo fellas, In today’s dynamic economic landscape, understanding the relationship of market prices to other economical factors like inflation rate is crucial. The Inflation Correlation Indicator is designed to provide traders with a clear visualization of this relationship. By correlating average inflation rates from selected countries with market closing...
The whole basis of the stock market is that you invest your money into a business that can use that money to increase it's earnings and pay you back for that investment with dividends and increased stock value. But because we are human the market often overbuy stocks that cant keep up their earnings with the current inflow of investments. We can also oversell a...
Good day, everyone! Today, we're going to look at a chart that's a bit different from the usual price charts we analyse. This isn't just any chart; it's a lens into the past, adjusted for the reality of inflation—a concept we often hear about but seldom see directly applied to our trading charts. What we have here is an 'Inflation Adjusted Price' indicator on...
User Manual for "Daily Close GAP Detector " Overview This script is designed to help traders identify and react to significant gaps in daily market prices. It plots daily open and close prices and highlights significant gaps with a cross. The script is particularly useful for identifying potential breakouts or reversals based on these gaps. Configuration ...
USE: ADXCONFIG: Purpose: Select the range for the strength required in the ADX for our alert condition. This setting allows traders to define the threshold at which the ADX indicates sufficient market momentum for trading decisions. USETRENDLOGIC: Function: Utilizes the trend EMA to make long entries when the price is above and short entries when it is below the...
An useful tool for investors/traders who want to keep track of upcoming earnings event. Here's a breakdown of the indicator and its features: Functionality: #1 Displays the next earnings date for a company and additionally shows the number of days remaining until the earnings event. #2 Offers three display modes: Default: In this view both the earnings...
🔶What it is ? Day of week indicator is a simple tool to help you can know your current trading day faster. It is really useful if you're a swing trader managing target by week and manage weekly economic news. 🔶 Who can use it ? 1. All traders who are using NCI, ICT , Smart money concepts, MACD system and other systems... 2. All timeframes can use it well. 3....
Signals Master - meticulously crafted by RunRox, is a versatile tool engineered to accommodate traders of all experience levels. This indicator does not merely suggest potential entry and exit signals; it can seamlessly integrate into your existing trade strategy, enhancing decision-making with its comprehensive features. With an array of functionalities,...
Trade-o-Scope team presents the "Plot Custom Data" indicator. "Plot Custom Data" is designed to help you bring the custom timeseries data and plot it on the chart. Motivation: In the fast-evolving landscape of markets, traders often find themselves analyzing a plethora of data sources, specialized market information, various metrics, etc. While TradingView...
Note : Excitingly, this indicator is optimized to work exclusively with weekly candles (1W) ! Because fundamental analyses, with their longer-term outlook, thrive on the broader perspective provided by weekly data. Overview: Oster's Fair Index (OFI) stands out as a sophisticated indicator to offer traders a comprehensive assessment of a stock's fundamental...
Trade-o-Scope team presents the Highlight intervals indicator. Highlight intervals is a simple yet powerful indicator that helps highlight adjustable time intervals on the chart. Overview and functionality: You can define time intervals at three different levels: Month, Day of the Week, and Day of the Month. The indicator will then highlight intervals at...