Entry Checklist

7 Ağu

This Pine Script creates a checklist table displayed in the bottom-right corner of the chart. It shows:
1. Whether the next earnings date is within the next 2 weeks
2. Whether the current month is a traditionally weak month (May, August, or September)

Each row includes:
• A check title
• The current value (e.g., date or month)
• A ❌ red cross if the condition is met (warning signal)

Useful for quickly assessing seasonal and earnings-related risks.

7 Ağu

Sürüm Notları

RS rating

7 Ağu

Sürüm Notları

VIX

7 Ağu

Sürüm Notları

Sector Strength , Sales & EPS Growth

7 Ağu

Sürüm Notları

Earnings Acceleration, industryETF

8 Ağu

Sürüm Notları

# Trading Entry Checklist

This Pine Script creates a comprehensive checklist table displayed in the bottom-right corner of the chart. It evaluates multiple factors to help assess potential trading entry points.

## Checklist Items and Calculations

### 1. Earnings Period Check
**Shows:** Whether the next earnings announcement is within 2 weeks
**Calculation:**
- Retrieves future earnings date using `earnings.future_time`
- Calculates days until earnings: `(earningsUTC - todayUTC) / 86400000`
- **Warning (❌):** If earnings are 0-14 days away
- **Display:** Earnings date and time in YYYY-MM-DD HH:MM format

### 2. Weak Month Check
**Shows:** Whether current month has historically weak performance
**Calculation:**
- Checks if current month is May (5), August (8), or September (9)
- **Warning (❌):** During May, August, or September
- **Display:** Month number and abbreviated name

### 3. Greed/Fear Index (VIX)
**Shows:** Market sentiment based on VIX volatility index
**Calculation:**
- Retrieves CBOE VIX daily close price
- **Green (✅):** VIX ≤ 15 (extreme greed, potential buying opportunity)
- **Red (❌):** VIX ≥ 25 (fear/uncertainty, potential risk)
- **Display:** Current VIX value

### 4. Sector Strength
**Shows:** How the stock's sector performs vs. SPY over 20 days
**Calculation:**
- Maps stock sector to corresponding sector ETF (XLK, XLF, XLV, etc.)
- Calculates 20-day performance: `(current_close / close_20_days_ago) - 1`
- Compares sector performance vs. SPY performance
- **Green (✅):** Sector outperforming SPY by >2%
- **Red (❌):** Sector underperforming SPY by >2%
- **Display:** Sector name, ETF symbol, and relative performance percentage

### 5. Industry Strength
**Shows:** How the stock's specific industry performs vs. SPY
**Calculation:**
- Maps to industry-specific ETF (SMH for semiconductors, GOAU for precious metals, etc.)
- Same calculation method as sector strength
- Only displays if industry ETF differs from sector ETF
- **Green (✅):** Industry outperforming SPY by >2%
- **Red (❌):** Industry underperforming SPY by >2%

### 6. RS Rating (Relative Strength)
**Shows:** Stock's performance relative to S&P 500 index
**Calculation:**
- Weighted performance calculation:
- 40% weight: 63-day performance
- 20% weight: 126-day performance
- 20% weight: 189-day performance
- 20% weight: 252-day performance
- Formula: `(stock_weighted_perf / spx_weighted_perf) * 100`
- **Rating Scale:**
- ≥120: 99 rating
- ≥110: 90 rating
- ≥100: 80 rating
- ≥95: 70 rating
- And so on...
- **Green (✅):** RS Rating ≥ 80 (strong)
- **Red (❌):** RS Rating < 65 (weak)

### 7. Sales & EPS Growth
**Shows:** Year-over-year growth in sales and earnings per share
**Calculation:**
- Retrieves TTM (trailing twelve months) financial data
- Sales Growth: `(current_TTM_sales / TTM_sales_1_year_ago) - 1`
- EPS Growth: `(current_TTM_EPS / TTM_EPS_1_year_ago) - 1`
- **Green (✅):** Both sales AND EPS growing (>0%)
- **Red (❌):** Either sales OR EPS declining
- **Display:** "S:X.X% E:X.X%" format

### 8. Earnings Acceleration
**Shows:** Whether growth is accelerating compared to previous quarter
**Calculation:**
- Compares current quarter's YoY growth vs. previous quarter's YoY growth
- Sales Acceleration: `current_sales_growth - previous_quarter_sales_growth`
- EPS Acceleration: `current_EPS_growth - previous_quarter_EPS_growth`
- **Green (✅):** Both sales AND EPS growth accelerating
- **Red (❌):** Either metric decelerating
- **Display:** Acceleration percentages in "S:X.X% E:X.X%" format

## Visual Indicators
- **❌ Red:** Warning/negative condition
- **✅ Green:** Positive/favorable condition
- **White:** Neutral condition
- **N/A:** Data not available

This checklist helps quickly assess multiple risk factors and growth metrics before entering a trade position.

8 Ağu

Sürüm Notları

Trading Entry Checklist

This Pine Script creates a comprehensive checklist table displayed in the bottom-right corner of the chart. It evaluates multiple factors to help assess potential trading entry points.
Checklist Items and Calculations
1. Earnings Period Check

Shows: Whether the next earnings announcement is within 2 weeks Calculation:

Retrieves future earnings date using earnings.future_time
Calculates days until earnings: (earningsUTC - todayUTC) / 86400000
Warning (❌): If earnings are 0-14 days away
Display: Earnings date and time in YYYY-MM-DD HH:MM format

2. Weak Month Check

Shows: Whether current month has historically weak performance Calculation:

Checks if current month is May (5), August (8), or September (9)
Warning (❌): During May, August, or September
Display: Month number and abbreviated name

3. Greed/Fear Index (VIX)

Shows: Market sentiment based on VIX volatility index Calculation:

Retrieves CBOE VIX daily close price
Green (✅): VIX ≤ 15 (extreme greed, potential buying opportunity)
Red (❌): VIX ≥ 25 (fear/uncertainty, potential risk)
Display: Current VIX value

4. Sector Strength

Shows: How the stock's sector performs vs. SPY over 20 days Calculation:

Maps stock sector to corresponding sector ETF (XLK, XLF, XLV, etc.)
Calculates 20-day performance: (current_close / close_20_days_ago) - 1
Compares sector performance vs. SPY performance
Green (✅): Sector outperforming SPY by >2%
Red (❌): Sector underperforming SPY by >2%
Display: Sector name, ETF symbol, and relative performance percentage

5. Industry Strength

Shows: How the stock's specific industry performs vs. SPY Calculation:

Maps to industry-specific ETF (SMH for semiconductors, GOAU for precious metals, etc.)
Same calculation method as sector strength
Only displays if industry ETF differs from sector ETF
Green (✅): Industry outperforming SPY by >2%
Red (❌): Industry underperforming SPY by >2%

6. RS Rating (Relative Strength)

Shows: Stock's performance relative to S&P 500 index Calculation:

Weighted performance calculation:
40% weight: 63-day performance
20% weight: 126-day performance
20% weight: 189-day performance
20% weight: 252-day performance
Formula: (stock_weighted_perf / spx_weighted_perf) * 100
Rating Scale:
≥120: 99 rating
≥110: 90 rating
≥100: 80 rating
≥95: 70 rating
And so on...
Green (✅): RS Rating ≥ 80 (strong)
Red (❌): RS Rating < 65 (weak)

7. Sales & EPS Growth

Shows: Year-over-year growth in sales and earnings per share Calculation:

Retrieves TTM (trailing twelve months) financial data
Sales Growth: (current_TTM_sales / TTM_sales_1_year_ago) - 1
EPS Growth: (current_TTM_EPS / TTM_EPS_1_year_ago) - 1
Green (✅): Both sales AND EPS growing (>0%)
Red (❌): Either sales OR EPS declining
Display: "S:X.X% E:X.X%" format

8. Earnings Acceleration

Shows: Whether growth is accelerating compared to previous quarter Calculation:

Compares current quarter's YoY growth vs. previous quarter's YoY growth
Sales Acceleration: current_sales_growth - previous_quarter_sales_growth
EPS Acceleration: current_EPS_growth - previous_quarter_EPS_growth
Green (✅): Both sales AND EPS growth accelerating
Red (❌): Either metric decelerating
Display: Acceleration percentages in "S:X.X% E:X.X%" format

Visual Indicators

❌ Red: Warning/negative condition
✅ Green: Positive/favorable condition
White: Neutral condition
N/A: Data not available

This checklist helps quickly assess multiple risk factors and growth metrics before entering a trade position.