OPEN-SOURCE SCRIPT
MarketSmith Indicator
מעודכן
This script provides you with several indicators that will enable you to mimic MarketSmith charts, even with a free TradingView plan.
You can use this script with my 'EPS & Sales' indicator.
MarketSmith-style bars
The script offers an original approach to managing candlesticks within the code, making them almost identical to those on MarketSmith.
For a perfect display, select 'Bars' on your chart and set the opacity of your candles to 100% to display only the candles proposed by this indicator.
If you don't want them, you can simply disable them in the 'Style' tab by unchecking 'MarketSmith Bars' and 'Chars'.
These candles are designed to be used with a fix chart. (No beautiful result with zooming in or out.)
Normally, the display will still be correct by right-clicking, and 'Reset Chart'.
Simple customizable moving averages
With automatic distinction of the weekly time unit. You can choose to display them or not, select the calculation method and modify their length via the panel.
The RS Rating indicator
I've integrated the RS Rating indicator into this script, as the RS Rating is a fundamental component of this layout.
High and valley points
These points are used by MarketSmith to detect bases, patterns, cup & handle.
Designed for US Market only you won't be able to screen correctly the India market for example.
You can use this script with my 'EPS & Sales' indicator.
MarketSmith-style bars
The script offers an original approach to managing candlesticks within the code, making them almost identical to those on MarketSmith.
For a perfect display, select 'Bars' on your chart and set the opacity of your candles to 100% to display only the candles proposed by this indicator.
If you don't want them, you can simply disable them in the 'Style' tab by unchecking 'MarketSmith Bars' and 'Chars'.
These candles are designed to be used with a fix chart. (No beautiful result with zooming in or out.)
Normally, the display will still be correct by right-clicking, and 'Reset Chart'.
Simple customizable moving averages
With automatic distinction of the weekly time unit. You can choose to display them or not, select the calculation method and modify their length via the panel.
The RS Rating indicator
I've integrated the RS Rating indicator into this script, as the RS Rating is a fundamental component of this layout.
High and valley points
These points are used by MarketSmith to detect bases, patterns, cup & handle.
Designed for US Market only you won't be able to screen correctly the India market for example.
הערות שחרור
- Now 'Hide RS Line' is working- Corrected a bug where when the current close was equal to that of the previous candle, the script colored pink, while TradingView colored blue. (Thank you Yaron_)
הערות שחרור
- You can now customize the color of the bars- You can now display % variation of Peak/Valley points
הערות שחרור
- Added the Weekly Tight Closes Detector available on 'Mark Minervini' scriptהערות שחרור
- Now SMA/EMA colors are customizableהערות שחרור
- Added Optional Beta Chart Recognition Patternהערות שחרור
- Corrected Graph Displayהערות שחרור
- Corrected graph againהערות שחרור
- Corrected a minor bug that deleted hisotorical valid flat basesהערות שחרור
- Added Double Bottom Detection- Pattern are only detected in Daily TimeFrame
הערות שחרור
- Forgot to link the ability not to display patterns, corrected!הערות שחרור
- Added recent modification on the RS Ratingהערות שחרור
- Modified label size to tinyהערות שחרור
- Adjust some parameters in the base formation to be closer to MarketSmith- Corrected some bugs with the double bottom detection
הערות שחרור
- Little correction for the initial depth of the creation of a base -> 35% to 40%הערות שחרור
- Changed default Depth and Length values to better match MarketSmith Chart Pattern Recognition systemהערות שחרור
- Corrected Input Description for Double Bottom Depth and Lengthהערות שחרור
- Corrected some parameters for base detection- Changed Dotted Lines to Dashed lines
- More discreet line rendering
הערות שחרור
- Chart updatedהערות שחרור
- Chart Updated (Try to find a correct display)הערות שחרור
- Back to the previous style display because bases were hard to seeהערות שחרור
- Added Beta Cup Detection (not Cup n Handle yet)- Corrected bug of SPX display
הערות שחרור
- Corrected incorrect depth settingהערות שחרור
- Adaptation of offset display for sectors and indicesהערות שחרור
- Rs Rating label adjustedהערות שחרור
- Added Default Blue Dot New Highהערות שחרור
- Now we can display the rating only, eg: for smartphone displayהערות שחרור
- Adapted the RS Rating Update!In this update, I propose to use an option to view the historical RS Rating. This method is an approximation, as the performance environment of US equities varies over time, whereas the historical RS Rating is calculated with fixed values. However, this option can be of interest when studying past setups, and can provide relevant indications.
הערות שחרור
- We can add a second SMA/EMA on the RS Line.הערות שחרור
- Corrected the rounding of the Average Volumeהערות שחרור
- Confused MarketSmith Volume and MarketSmith Indicator. It's late at nightהערות שחרור
- Added EPS & Sales Table due to recent TradingView free plan limitationהערות שחרור
- Corrected the Comparative Symbol for Line input that wasn't correctly wired to the calculation.הערות שחרור
- Removed unused inputהערות שחרור
For the EPS & Sales table- Corrected shifting color to transparent of the daily table
הערות שחרור
- Added the Maj for the EPS & Sales indicatorהערות שחרור
- Corrected wrong digit on the 'versus' display on sales after B_Kaminski pointed it outהערות שחרור
- Updated to EPS & Sales Table Toward MarketSurge lookהערות שחרור
- Like MarketSurge does, when a reported EPS number is missing the code will now search for the standard EPS for replacement.This will allow tickers like
SEZL and 
CAVA to be closer to the MarketSurge result.Moreover it should make the EPS & Sales table usable for the Indian Market.
The RS Rating is unchanged and is still for the US Market Only
הערות שחרור
EPS and Sales table:- Modified the style of the table toward MarketSurge look
- Used lighter grey for the MarketSmith table
הערות שחרור
- Modify Chart previewסקריפט קוד פתוח
ברוח TradingView אמיתית, מחבר הסקריפט הזה פרסם אותו בקוד פתוח, כך שסוחרים יוכלו להבין ולאמת אותו. כל הכבוד למחבר! אתה יכול להשתמש בו בחינם, אבל השימוש החוזר בקוד זה בפרסום כפוף לכללי הבית. אתה יכול להכניס אותו למועדפים כדי להשתמש בו בגרף.
רוצה להשתמש בסקריפ זה בגרף?
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.