Hello, if our topic is stocks, whatever signal we get, we have to divide and reduce the risk.
Apart from the risk, we need inflation-free figures to detect a clear growth.
Gold is one of the most successful tools to beat inflation in this regard in the historical context.
When the economy is good, we have to beat both commodities and inflation.
For this purpose,...
This script is designed to show a histogram of the inflation rate, based on FRED's CPI data. It shows the yearly change in cpiaucsl. As of right now, this script only works correctly on the yearly timeframe (12M). I'm currently looking into a solution to make this script work on all time frames. This script can be useful for comparing growth to inflation, or just...
Hello guys! Batcash here!
Since the coronavirus has become a global pandemic, all eyes have been on the efforts to control the growth of the infections.
To help the common masses understand the statistics of exponential growth I have decided to make the Coronavirus growth indicator.
Basically the indicator will give an estimate of how many days are required for...
The ETHUSD Quanto Swap contract on BitMEX allows you to trade ETHUSD with Bitcoin put forward as collateral. However this means that 1 contract is not equal to 1 USD or 1 ETH, but instead varies according to the price of ETHUSD.
You can see the contract specs here www.bitmex.com and find more information here...
I am proposing an alternative to the percent change.
An alternative that is symmetrical to both positive and negative change, unlike percentage change.
The simple idea is to have a positive number if the reference value (called val in the script) is lower than the stock value and needs to be multiplied;
a negative number instead if the reference number is...
Following Preston Pysh's "Bitcoin Mayer Multiple" study, I made this simple script to plot the recommended buy price based on the calculated 2.4x ratio between bitcoin price and its 200-day moving average. The ratio and SMA length have default values of 2.4 and 200 and can be adjusted.
Version 1 -
Better Optimization on the levels.
Plotting only the important Highs and Lows
The extremes can be an important pivot levels.
Over and Undervalue - Gray (Column - close) (Histogram - High/Low)
Extreme conditions - Red
Extreme Alerts and Overlay will be added later.