S&P Short-Range Oscillator**SHOULD BE USED ON THE S&P 500 ONLY**
The S&P Short-Range Oscillator (SRO), inspired by the principles of Jim Cramer's oscillator, is a technical analysis tool designed to help traders identify potential buy and sell signals in the stock market, specifically for the S&P 500 index. The SRO combines several market indicators to provide a normalized measure of market sentiment, assisting traders in making informed decisions.
The SRO utilizes two simple moving averages (SMAs) of different lengths: a 5-day SMA and a 10-day SMA. It also incorporates the daily price change and market breadth (the net change of closing prices). The 5-day and 10-day SMAs are calculated based on the closing prices. The daily price change is determined by subtracting the opening price from the closing price. Market breadth is calculated as the difference between the current closing price and the previous closing price.
The raw value of the oscillator, referred to as SRO Raw, is the sum of the daily price change, the 5-day SMA, the 10-day SMA, and the market breadth. This raw value is then normalized using its mean and standard deviation over a 20-day period, ensuring that the oscillator is centered and maintains a consistent scale. Finally, the normalized value is scaled to fit within the range of -15 to 15.
When interpreting the SRO, a value below -5 indicates that the market is potentially oversold, suggesting it might be a good time to start buying stocks as the market could be poised for a rebound. Conversely, a value above 5 suggests that the market is potentially overbought. In this situation, it may be prudent to hold on to existing positions or consider selling if you have substantial gains.
The SRO is visually represented as a blue line on a chart, making it easy to track its movements. Red and green horizontal lines mark the overbought (5) and oversold (-5) levels, respectively. Additionally, the background color changes to light red when the oscillator is overbought and light green when it is oversold, providing a clear visual cue.
By incorporating the S&P Short-Range Oscillator into your trading strategy, you can gain valuable insights into market conditions and make more informed decisions about when to buy, sell, or hold your stocks. However, always consider other market factors and perform your own analysis before making any trading decisions.
The S&P Short-Range Oscillator is a powerful tool for traders looking to gain insights into market sentiment. It provides clear buy and sell signals through its combination of multiple indicators and normalization process. However, traders should be aware of its lagging nature and potential complexity, and use it in conjunction with other analysis methods for the best results.
Disclaimer
The S&P Short-Range Oscillator is for informational purposes only and should not be considered financial advice. Trading involves risk, and you should conduct your own research or consult a financial advisor before making investment decisions. The author is not responsible for any losses incurred from using this indicator. Use at your own risk.
Stockmarkets
Stock Intrinsic Value & MOS IndicatorStock Intrinsic Value and MOS Indicator is a powerful tool that can help investors to evaluate the potential value of a particular stock. By taking into account key financial metrics such as earnings per share, price-to-earnings ratio, and dividend yield, this indicator provides a comprehensive analysis of a company's fundamentals, and can be used to estimate its intrinsic value.
To use this indicator, simply input the relevant financial metrics for the stock you're interested in from Yahoo finance, including the P/E ratio, earnings per share, and dividend yield. The indicator will then calculate the stock's intrinsic value based on these inputs, taking into account the company's earnings potential and dividend payments.
In addition to calculating the intrinsic value, the Stock Intrinsic Value and MOS Indicator also allows investors to add a margin of safety to their analysis, which can help to account for unexpected market events or uncertainties. By adding a margin of safety of 20% - 30%, for example, investors can ensure that they are buying the stock at a significant discount to its intrinsic value, providing a cushion against potential losses.
Using the Stock Intrinsic Value and MOS Indicator can be a valuable tool for investors looking to make informed decisions about their investments. By taking into account key financial metrics and adding a margin of safety, investors can be more confident in their investment decisions, and can potentially maximize their returns over the long-term.
However, it's important to remember that the Stock Intrinsic Value and MOS Indicator is just one tool among many that investors can use to evaluate potential investments. As with any investment strategy, it's important to conduct thorough research and analysis before making any investment decisions. Additionally, it's important to keep in mind that no investment strategy is foolproof, and that even the most well-informed investment decisions can still result in losses.
Overall, the Stock Intrinsic Value and MOS Indicator can be a valuable tool for investors looking to evaluate potential investments and make informed decisions about their portfolio. By using this indicator in combination with other tools and strategies, investors can potentially maximize their returns and achieve their long-term investment goals.
TradingWise Supply and Demand Indicator 1.0TradingWise Supply and Demand Indicator 1.0 is based on the Price Action candlestick patterns to identify the Supply and Demand zones in the charts (Areas of liquidity). It works on all Timeframes and Asset Classes. This Script helps the traders to identify the demand and supply zones with identifications on the candle stick patterns indicating the origin of the Strong move. Also it generates Alerts automatically once the supply or demand area is formed thus by reducing the hours spent on the charts and reducing the missed trade Opportunities as well. This Indicator is extremely helpful for those on Full time Jobs/ Busy Schedule.
Buy/Sell Alerts by Indicator:
Green Diamond + DZ Sign ---> Indicates the Demand Zone Formation. Place Buy Trade upon Entry Criteria Met
Orange Diamond + SZ Sign ---> Indicates the Supply Zone Formation. Place Sell Trade upon Entry Criteria Met
iqlegendThe iqlegend indicator integrates stocastic information and places overbought and oversold entry points. Trade accordingly when Buy and Sell signals coincide with RED points to sell and Green points to buy.
The best points to enter Sell are above the dashed -30 line and to enter Buy are below the dashed -30 line.
Confirm with the intersection of the stocastics.
When you make your trade, don't forget the correct administration of your capital, use risk units, 6UDR is my recommendation.
I hope this indicator provides you with the business information you need.
PM us to obtein acces.
Kind regards and successes!
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El indicador iqlegend integra información estocastica y ubica puntos de entrada en sobrecompra y sobreventa, Opere en consecuencia cuando coincidan las señales de Buy y Sell con los puntos Rjo para vender y los puntos Verde para comprar.
Los mejores puntos para entrar en Sell están por encima de la linea punteada -30 y para entrar en Buy están por debajo de la linea punteada -30.
Confirme con la intersección de los estocásticos.
Cuando realice su comercio , no olvide la correcta administración de su capital, use unidades de riesgo , 6UDR es mi recomendación.
Espero que este indicador le proporcione la información comercial que usted necesita.
Envíeme un mensaje privado para obtener acceso.
Un cordial saludo y éxitos!
iqlegendThe iqlegend indicator integrates stocastic information and places overbought and oversold entry points. Trade accordingly when Buy and Sell signals coincide with RED points to sell and Green points to buy.
The best points to enter Sell are above the dashed -30 line and to enter Buy are below the dashed -30 line.
Confirm with the intersection of the stocastics.
When you make your trade, do not forget the correct administration of your capital, use risk units, 6UDR is my recommendation.
I hope this indicator provides you with the business information you need.
PM us to obtein acces.
Kind regards and successes!
**********************************************************************
El indicador iqlegend integra información stocastic y ubica puntos de entrada en sobrecompra y sobreventa, Opere en consecuencia cuando coincidan las señales de Buy y Sell con los puntos RED para vender y los puntos Green para comprar.
Los mejores puntos para entrar en Sell estan por encima de la linea punteada -30 y para entrar en Buy estan por debajo de la linea punteada -30.
Confirme con la intersecion de los stocastics.
Cuando realice su comercio , no olvide la correcta administración de su capital, use unidades de riesgo , 6UDR es mi recomendación.
Espero que este indicador le proporcione la información comercial que usted necesita.
Envíeme mensaje privado para obtener acceso.
Un cordial saludo y éxitos!
Terminal : USD Based Stock Markets Change (%)Hello.
This script is a simple USD Based Stock Markets Change (%) Data Terminal.
You can also set the period to look back manually in the menu.
In this way, an idea can be obtained about Countries' Stock Markets.
And you can observe the stock exchanges of relatively positive and negative countries from others.
Features
Value changes on a percentage basis (%)
Stock exchange values are calculated in dollar terms.
Due to the advantage of movement, future data were chosen instead of spot values on the required instruments.
Stock Markets
Usa : S&P 500 Futures
Japan: Nikkei 225 Futures
England: United Kingdom ( FTSE ) 100
Australia: Australia 200
Canada: S&P / TSX Composite
Switzerland: Swiss Market Index
New Zealand: NZX 50 Index
China: SSE Composite (000001)
Denmark: OMX Copenhagen 25 Index
Hong-Kong: Hang Seng Index Futures
India: Nifty 50
Norway: Oslo Bors All Share Index
Russia: MOEX Russia Index
Sweden: OMX Stockholm Index
Singapore: Singapore 30
Turkey: BIST 100
South Africa: South Africa Top 40 Index
Spain: IBEX 35
France: CAC 40
Italy: FTSE MIB Index
Netherlands: Netherlands 25
Germany : DAX
Regards.
Live Mini Terminal 2 : Relative USD Based Stock Markets Change This script displays relative data changes occurring in the adjustable period and/or adaptive automatic period in various stock markets.
It was inspired by the data terminals used by commercial traders.
Period selection can be set in the menu.
This script uses the adaptive period algorithm used by Autonomous LSTM and Relativity scripts.
Or you can set the period manually from the menu.
For more information about adaptive period this script uses:
This script works only for 1 day (1D) and 1 week (1W) time frames.
The most efficient time frame is 1 week because of different time-zones (1W) .
Features
Value changes on a percentage basis (%)
Stock exchange values are calculated in dollar terms.
Due to the advantage of movement, future data were chosen instead of spot values on the required instruments.
INSTRUMENTS
Usa : S&P 500 Futures
Japan: Nikkei 225 Futures
England: United Kingdom (FTSE) 100
Australia: Australia 200
Canada: S&P / TSX Composite
Switzerland: Swiss Market Index
New Zealand: NZX 50 Index
China: SSE Composite (000001)
Denmark: OMX Copenhagen 25 Index
Hong-Kong: Hang Seng Index Futures
India: Nifty 50
Norway: Oslo Bors All Share Index
Russia: MOEX Russia Index
Sweden: OMX Stockholm Index
Singapore: Singapore 30
Turkey: BIST 100
South Africa: South Africa Top 40 Index
Spain: IBEX 35
France: CAC 40
Italy: FTSE MIB Index
Netherlands: Netherlands 25
Germany : DAX
USAGE
The script can be used as an indicator by putting it under the chart as shown above.
It is necessary to enlarge to see clearly.
Since it is not often looked at,such use is the best method for healthy interpretation.
PPSignal PROBABILITY FIBONACCI ZONE ANALYSIS V2The ROBERT KRAUSZ'S HIGH PROBABILITY FIBONACCI ZONE ANALYSIS™ Indicator
(www.academia.edu)
www.fibonaccitrader.com
[ b]Setting
TF=Time Frame
If you are in:
From 1H to 1 W:
- TF 1W: set in 6M | 12M (best)
- TF 1D : set in 1M
- TF 1H : set in 1440 ( 24H)
F or 5 minutes
Forex
- TF 5: set in 720 (=12H)
Futures (es, sp, cl, etc.
-TF 5: set in 1D
Stock Market Indices Correlations HeatmapHello traders!
This tool shows you the correlation between well-known stock market indices and selected instrument. Also it has customizable alerts for the strong positive and negative correlations.
What are correlation and correlation coefficient?
Correlation is a term from mathematical statistics that describes the strength of linear relationship between the variables (in our case: financial instruments).
Simply speaking, it describes whether or not instruments move in same/opposite directions.
Correlation coefficient is a statistical measure of the correlation and that is bounded in a range of -1 to 1. The most common calculation of the correlation coefficient is the Pearson product-moment method.
How to interpret?
The darker the color, the stronger the correlation
Green colors mean positive correlations
Red colors mean negative correlations
Transparent colors mean no correlation or absence of the symbol data
Supported indices
Russell 3000
Russell 2000
NASDAQ Composite
NYSE Composite
S&P 500
DJIA
SSE Composite
CSI 300
SZSE Composite
NIKKEI 225
HSI 50
DAX 30
FTSE 100
CAC 40
RTSI 50
S&P/TSX 500
S&P/ASX 200
BOVESPA 60
NIFTY 50
BSE 30
IBEX 35
FTSE MIB 40
SMI 20
ATX 20
OMXS 30
KOSPI 200
BIST 100
VN 30
I attach screenshots to show you how it works with other instruments.
How to get access
Buy for only 59$ to get lifetime access to this indicator
Like and follow for more cool indicators!
Good luck and happy trading!