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...
Classic Beta coefficient by the method of Yahoo. Use only on monthly TF with Beta window = 36 You can use any benchmark, for example DIA / SPY / QQQ / DAX / BTCUSD / GC1! / etc
A newer, more customizable version of the holy grail script I published for silver before. This script is a work in progress (as was the last version) and although I have been trying to refine this script I would still only classify it in the early stages of development; unlike my previous Euro Dollar strength holy grail script which was designed to work with...
shows mean excess returns of defensive and cyclical sectors vs. S&P500
This Strategy goes long when Sharpe Ratio is > 1 and Alpha against the S&P500 is generated. It exits when conditions break away. en.wikipedia.org(finance). Use on daily or 5min.
en.wikipedia.org(finance) 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 whose price...
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.
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...
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 Sincerely, Kevin Manrrique Follow us on Instagram: TWTForexGroup, we...
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...
Plots the historical beta of the selected security to the S&P500. The observation period is adjustable
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.
study is still in early phase of development and is a bit slow loading be patient. Absolute levels based on historic highest high value and time frame. looking for feedback ;)