OPEN-SOURCE SCRIPT
Güncellendi MarketSmith Indicator

This script provides you with several indicators that will enable you to mimic MarketSmith charts, even with a free TradingView plan.
You can use this script with my 'EPS & Sales' indicator.
MarketSmith-style bars
The script offers an original approach to managing candlesticks within the code, making them almost identical to those on MarketSmith.
For a perfect display, select 'Bars' on your chart and set the opacity of your candles to 100% to display only the candles proposed by this indicator.
If you don't want them, you can simply disable them in the 'Style' tab by unchecking 'MarketSmith Bars' and 'Chars'.
These candles are designed to be used with a fix chart. (No beautiful result with zooming in or out.)
Normally, the display will still be correct by right-clicking, and 'Reset Chart'.
Simple customizable moving averages
With automatic distinction of the weekly time unit. You can choose to display them or not, select the calculation method and modify their length via the panel.
The RS Rating indicator
I've integrated the RS Rating indicator into this script, as the RS Rating is a fundamental component of this layout.
High and valley points
These points are used by MarketSmith to detect bases, patterns, cup & handle.
Designed for US Market only you won't be able to screen correctly the India market for example.
You can use this script with my 'EPS & Sales' indicator.
MarketSmith-style bars
The script offers an original approach to managing candlesticks within the code, making them almost identical to those on MarketSmith.
For a perfect display, select 'Bars' on your chart and set the opacity of your candles to 100% to display only the candles proposed by this indicator.
If you don't want them, you can simply disable them in the 'Style' tab by unchecking 'MarketSmith Bars' and 'Chars'.
These candles are designed to be used with a fix chart. (No beautiful result with zooming in or out.)
Normally, the display will still be correct by right-clicking, and 'Reset Chart'.
Simple customizable moving averages
With automatic distinction of the weekly time unit. You can choose to display them or not, select the calculation method and modify their length via the panel.
The RS Rating indicator
I've integrated the RS Rating indicator into this script, as the RS Rating is a fundamental component of this layout.
High and valley points
These points are used by MarketSmith to detect bases, patterns, cup & handle.
Designed for US Market only you won't be able to screen correctly the India market for example.
Sürüm Notları
- Now 'Hide RS Line' is working- Corrected a bug where when the current close was equal to that of the previous candle, the script colored pink, while TradingView colored blue. (Thank you Yaron_)
Sürüm Notları
- You can now customize the color of the bars- You can now display % variation of Peak/Valley points
Sürüm Notları
- Added the Weekly Tight Closes Detector available on 'Mark Minervini' scriptSürüm Notları
- Now SMA/EMA colors are customizableSürüm Notları
- Added Optional Beta Chart Recognition PatternSürüm Notları
- Corrected Graph DisplaySürüm Notları
- Corrected graph againSürüm Notları
- Corrected a minor bug that deleted hisotorical valid flat basesSürüm Notları
- Added Double Bottom Detection- Pattern are only detected in Daily TimeFrame
Sürüm Notları
- Forgot to link the ability not to display patterns, corrected!Sürüm Notları
- Added recent modification on the RS RatingSürüm Notları
- Modified label size to tinySürüm Notları
- Adjust some parameters in the base formation to be closer to MarketSmith- Corrected some bugs with the double bottom detection
Sürüm Notları
- Little correction for the initial depth of the creation of a base -> 35% to 40%Sürüm Notları
- Changed default Depth and Length values to better match MarketSmith Chart Pattern Recognition systemSürüm Notları
- Corrected Input Description for Double Bottom Depth and LengthSürüm Notları
- Corrected some parameters for base detection- Changed Dotted Lines to Dashed lines
- More discreet line rendering
Sürüm Notları
- Chart updatedSürüm Notları
- Chart Updated (Try to find a correct display)Sürüm Notları
- Back to the previous style display because bases were hard to seeSürüm Notları
- Added Beta Cup Detection (not Cup n Handle yet)- Corrected bug of SPX display
Sürüm Notları
- Corrected incorrect depth settingSürüm Notları
- Adaptation of offset display for sectors and indicesSürüm Notları
- Rs Rating label adjustedSürüm Notları
- Added Default Blue Dot New HighSürüm Notları
- Now we can display the rating only, eg: for smartphone displaySürüm Notları
- Adapted the RS Rating Update!In this update, I propose to use an option to view the historical RS Rating. This method is an approximation, as the performance environment of US equities varies over time, whereas the historical RS Rating is calculated with fixed values. However, this option can be of interest when studying past setups, and can provide relevant indications.
Sürüm Notları
- We can add a second SMA/EMA on the RS Line.Sürüm Notları
- Corrected the rounding of the Average VolumeSürüm Notları
- Confused MarketSmith Volume and MarketSmith Indicator. It's late at nightSürüm Notları
- Added EPS & Sales Table due to recent TradingView free plan limitationSürüm Notları
- Corrected the Comparative Symbol for Line input that wasn't correctly wired to the calculation.Sürüm Notları
- Removed unused inputSürüm Notları
For the EPS & Sales table- Corrected shifting color to transparent of the daily table
Sürüm Notları
- Added the Maj for the EPS & Sales indicatorSürüm Notları
- Corrected wrong digit on the 'versus' display on sales after B_Kaminski pointed it outSürüm Notları
- Updated to EPS & Sales Table Toward MarketSurge lookSürüm Notları
- Like MarketSurge does, when a reported EPS number is missing the code will now search for the standard EPS for replacement.This will allow tickers like
Moreover it should make the EPS & Sales table usable for the Indian Market.
The RS Rating is unchanged and is still for the US Market Only
Sürüm Notları
EPS and Sales table:- Modified the style of the table toward MarketSurge look
- Used lighter grey for the MarketSmith table
Sürüm Notları
- Modify Chart previewAçık kaynak kodlu komut dosyası
Gerçek TradingView ruhuna uygun olarak, bu komut dosyasının oluşturucusu bunu açık kaynaklı hale getirmiştir, böylece yatırımcılar betiğin işlevselliğini inceleyip doğrulayabilir. Yazara saygı! Ücretsiz olarak kullanabilirsiniz, ancak kodu yeniden yayınlamanın Site Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuna uygun olarak, bu komut dosyasının oluşturucusu bunu açık kaynaklı hale getirmiştir, böylece yatırımcılar betiğin işlevselliğini inceleyip doğrulayabilir. Yazara saygı! Ücretsiz olarak kullanabilirsiniz, ancak kodu yeniden yayınlamanın Site Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.