This is a long timeframe script designed to benefit from the correlation with the Percentage of stocks Above 200 moving average from SPX
At the same time with this percentage we are creating a weighted moving average to smooth its accuracy.
The rules are simple :
If the moving average is increasing its a long signal/short exit
If the moving average is decreased...
This script is built on a request of one of the best trader yoyo. The script compares the performance of a tickers against SPX.
The script gives user option to override default SPX ticker to a ticker of their choice using settings.
The script does a % change comparison against base stock which is SPX by default for same timeframes and you can see relativity of...
VIX: Backwardation Vs Contango
Quickly visualize Contango vs Backwardation in the S&P 500 Volatility Index by plotting the prices of the futures contracts over the next 9 months
Note: indicator does not map to time axis in the same way as price; it simply plots the progression of contract months out into the future; left to right; so timeframe DOESN'T MATTER...
1 min chart scalping version of my other TICK strategy with adjusted parameters and additional entry and exit conditions better suited for 1 min SPY chart. Please refer to my original TICK strategy for explanation.
1. This strategy is designed for same day SPY option scalping on the 1 min chart . All profit shown in back testing report is...
This indicator compares the attractiveness of equities relative to the risk-free rate of return, by comparing the earnings yields of S&P 500 companies to the 10Y treasury yields. "Earnings yield" refers to the net income attributable to shareholders divided by the stock's price - effectively the inverse of the PE ratio. The tangible meaning of this metric is "the...
Second version of Market Breadth EMAs for $SPY. Getting a little more complicated than V1 but removed noise.
Green line = % of stocks above their 20-period moving average, the "twitch line"
Red line = % of stocks above their 200-period moving average, the "long term trend"
White line = weighted average of the % of stocks above the 20/50/100/200...
IN10Y(10yr yield t- bill) are govt. backed bonds provide basic interest or coupon rate. If the coupon rate falls below (yield =(1/price) the coupon rates of 3 month bond IN03MY(3m yield t- bill), investors are pessimistic about future growth of the economy.
This pessimistic behavior can be seen in the graph when change in background...
This is a swing strategy adapted to stock market using correlation with either SP500 or Nasdaq, so its best to trade stocks from this region.
Its components are
Fast moving average to choose from SMA , EMA , SMMA (RMA), WMA and VWMA
Medium moving Average to choose from SMA , EMA , SMMA (RMA), WMA and VWMA
Slow moving average to choose from SMA...
Here I share today Arms Index!!!
-Avalilables settings and options:
- Switcheable Index NASDAQ and S&P
- Switcheable Alerts "crossover, crossunder, change and main ones"
-Fill Color Customizables
-Signal Color Customizables
-Signal Smooth Customizable
Arms Index (TRIN)
The Arms Index (TRIN) is a market breadth...
This is a trend system made with multiple oscillator averages designed especially for trending markets such as stocks or crypto.
It can be used with any timeframe.
Its made of multiple moving oscillators such as
Avg of all oscillators
It has also a rating, making an avg from all of the oscillators ,...
This is an improved bollinger band strategy adapted to Nasdaq Index/Stocks.
The new update include a multiple logic calculation BB adapted for long and short, together with a risk management using movement in %.
Rules for entry
For long we have a crossover between the close and the lower band from the bb
For long we have a crossover between the close and the...
This is a long only strategy designed maily for stock markets and futures. In general it works best with 1h, however it can be optimized with other timeframes as well.
Rules for entry
For VWAP: close is above the vwap daily
EMA: close is above the moving average
MACD histogram is above 0
For VWAP: close...
Lumber to gold ratio helps to predict up upcomming market correction as investors are flocking towards safe heaven.
USE CASE SCENARIO:-
If the ratio is above the zero horizontal line it is a risk of scenario
If the ratio plunge below zero it might show imminent market correction.
The stock market cap to GDP ratio has become known as the Buffett Indicator in recent years, as Warren Buffett commented that he believes it is “probably the best single measure of where valuations stand at any given moment.”
100*VALUE OF ALL STOCKS IN COUNTRY/GDP OF COUNTRY
The Compare Price Momentum Oscillator was created by Vitali Apirine (Stocks and Commodities Aug 2020 pg 16) and this is a handy indicator to compare the momentum of the current symbol you are looking at to the s&p to determine the relative strength of the underlying security. Buy when the line turns green and sell when it turns red.
Let me know if there are any...
I have developed this custom indicator very loosely based on the Sector Rotation Model (Giorgos E. Siligardos. Technical Analysis of Stocks & Commodities, August 2012) and I called it the MRI because this is essentially a brain scan of any particular stock. This will not only tell you when a stock is breaking out over the market at large but also how the stock is...
This script is a major trend following script. The calculations use Keltner Channels, moving averages and RSI.
The indicator is simple to follow:
Green Candlesticks indicate more bullish momentum expected
Red Candlesticks indicate more bearish momentum expected
blue dots are possible long ideas due to RSI oversold
Orange dots are possible short ideas due to...
Test of dynamic channels and some statistics made by hand.
This indicator was done specifically for the S&P500 index.
As you can see, below the 125 EMA there's a lot more volatility than in the upside. I've made some kind of a dynamic linear regression of the lows and the highs.
I've chosen the MA that best fits the SPX, and then calculated in Excel the...