S__Trader's Portfolio Management
This custom TradingView script is a powerful tool designed to help investors effectively manage their portfolios. This script allows you to monitor, analyze, and optimize your portfolio performance using moving averages in technical analysis. This script is for the traders who want to manage his portfolio by moving averages which is powered by using 4 of them together.
Timeframe is based on Daily as default but you can prefer to see weekly, monthly or else depends on your trading character
This script uses 4 customizable moving averages to decide cash/stocks ratio. Each moving average has %25 power of decide. If price is above the moving average, each moving average adds %25 to stock total percentage, else below they add %25 to cash. So you can decide your cash stock ratio by that moving averages.
For example if price is above all of that moving averages, script table shows you %100 total for stocks but if price is above for example 2 of that moving averages, script table shows you %50 for stocks and get remaining %50 cash.
For example if price is above only 1 of that moving averages, script table shows %25 for that stocks and that means %75 cash.
If price is below all that moving averages, script table shows %0, means that sell all stocks and stay cash %100
You can choose to plot moving averages or not
Or you can choose just track them by line
You can hide table also and decide table size and place at graph
By using this script, you can monitor your portfolio's performance, manage risk, and optimize your investment strategies. However, please remember that this script is just a tool and should not be used as a sole decision-making tool for investments. Always use it in conjunction with risk management and other analytical methods.
Hopefully, this script will help you enhance your investment process. Best of luck!
Timeframe is based on Daily as default but you can prefer to see weekly, monthly or else depends on your trading character
This script uses 4 customizable moving averages to decide cash/stocks ratio. Each moving average has %25 power of decide. If price is above the moving average, each moving average adds %25 to stock total percentage, else below they add %25 to cash. So you can decide your cash stock ratio by that moving averages.
For example if price is above all of that moving averages, script table shows you %100 total for stocks but if price is above for example 2 of that moving averages, script table shows you %50 for stocks and get remaining %50 cash.
For example if price is above only 1 of that moving averages, script table shows %25 for that stocks and that means %75 cash.
If price is below all that moving averages, script table shows %0, means that sell all stocks and stay cash %100
You can choose to plot moving averages or not
Or you can choose just track them by line
You can hide table also and decide table size and place at graph
By using this script, you can monitor your portfolio's performance, manage risk, and optimize your investment strategies. However, please remember that this script is just a tool and should not be used as a sole decision-making tool for investments. Always use it in conjunction with risk management and other analytical methods.
Hopefully, this script will help you enhance your investment process. Best of luck!