This is my 1st indicator, and my attention is to plot the VWAP "Volume-weighted average price" using the SMA "Simple Moving Average" over time... IE over the last 50,100,200 bars and just the VWAP... All of them in just one line... I have made it when I have been using the BTC/US chart, but it should work for stocks/forex or any other chart that you want to...
Shows an instrument's sentiment in a day (or week) compared to the market (SPY default). The Red line shows bearish sentiment compared to the market and the green is bullish. Technically this works like a proxy for Alpha/Beta factor.
Display the correlation coefficient and/or Beta of an asset to a specified market.
- Specify market (S&P500 futures by default)
- Display one or other metrics
- Modify assessment period (200 bars by default)
- Calculate on price, returns or log-returns
My beautiful traders, how is everyone doing? This indicator I built detects trends, I haven't seen any repaints, I only had 3 minor ones. It is still on BETA version.
To all new traders, and busy traders I will be posting one that you can set alerts. Please look under my profile or type " K.M Trend Alerts (BETA 1.2) " .
I ask for everyone to try this script...
Like I said previously in the " K.M Trend Strategy (BETA 1.2) " this is the script to set alerts. If you haven't seen the strategy one please search it. Please look at the strategy post to see more information. Thank you.
Buy Alerts = P (greater then) B
Sell Alerts = P (less then) B
Follow us on Instagram: TWTForexGroup, we...
Beta is a measure of the risk arising from exposure to general market movements as opposed to idiosyncratic factors.
The market portfolio of all investable assets has a beta of exactly 1 (here the S&P500). A beta below 1 can indicate either an investment with lower volatility than the market, or a volatile investment...
USE ON DAILY TIMEFRAME TO DETECT MOMO STOCKS & ETFs AND TRADE THEM
This Strategy goes long when Sharpe Ratio is > 1 and Alpha against the S&P500 is generated. It exits when conditions break away. Strategy can be adapted to run intraday, it however needs different (lower) trigger levels.
examples to try this on: GER30, NAS100, JPN225, AAPL, IBB, TSLA, etc.
V2 of previous CFC, added optional bull/bear squeeze.
squeeze can get a bit messy on extremely oversold/overbought markets like currently USDJPY in 1 hour timeframe, or any currency on low time frame during high volatility.
Alpha is a measure of the active return on an investment, the performance of that investment compared to the S&P500 index, where 0.01 = 1%
alpha < 0: the investment has earned too little for its risk (or, was too risky for the return)
alpha = 0: the investment has earned a return adequate for the risk taken
alpha > 0: the investment has a return in...
The Anomaly Indicator is an idea I recently come up with. Its very simple, yet it can be extremely useful. The Anomaly indicator detects the current and general trend channels. When the yellow line which is the current channel, exits the general channel this will usually mean an anomaly. Anomalies can vary within meaning, from a trend reversal, a market change...