[INVX] Trailing StopDescription:
The Adjustable Trailing Stop Indicator is a practical tool designed to enhance your trading strategy by allowing for automatic modifications of stop-loss orders according to your specified parameters. This indicator provides a dynamic alternative to the traditional static stop-loss orders, assisting in managing your potential profits and curbing possible losses.
Features and Functionality:
The Trailing Stop Indicator provides three main inputs for customization:
"Trailing Stop Start Date" : This input enables you to set the start date for the trailing stop. From this date forward, the indicator begins tracking price changes and adjusts the stop-loss order in response.
"Trigger Delta (%)" : This represents the percentage for the trailing stop. It denotes the set percentage at which the stop order adjusts.
"Order" : This input determines whether the trailing stop applies to a Buy or Sell order. Depending on the selection, the indicator adjusts the stop price as the price escalates (for Sell order) or declines (for Buy order).
How Does the Trailing Stop Indicator Work?
The Trailing Stop Indicator functions by dynamically adjusting the stop price in line with market fluctuations. If the market price rises (for Sell order), the stop price automatically ascends, securing potential profits. In a declining market (for Buy order), the stop price descends according to the market.
This indicator eliminates the need for constant manual adjustments, reducing the impact of emotional trading and helping traders maintain their risk management strategy. By using this tool, traders can implement a more disciplined and systematic approach to trading.
Innovestx
[INVX] P/E band (panel)What is it?
The P/E Bollinger Band indicator is a hybrid tool combining fundamental analysis (P/E ratio) with technical analysis (Bollinger Bands).
It uses Bollinger Bands around a company's P/E ratio to identify potentially overvalued or undervalued zones.
The P/E ratio itself measures a stock's price relative to its earnings per share.
The Bollinger Bands, based on standard deviations, create a dynamic upper and lower band around the average P/E ratio.
Why P/E Bollinger Band?
Provides a visual representation of a company's relative valuation compared to its historical P/E range.
Can help identify areas where the P/E ratio might be deviating significantly from its historical norm.
Who should use it
Investors who combine technical and fundamental analysis for a more comprehensive stock evaluation.
Value investors seeking to identify potentially undervalued companies.
How to use
A P/E value that breaches the upper Bollinger Band suggests potential overvaluation, indicating the stock might be due for a price correction.
Conversely, a P/E value that falls below the lower Bollinger Band might signal undervaluation, presenting a potential buying opportunity (considering the company's fundamentals remain sound).
[INVX] P/E band (overlay)What is it?
The P/E Bollinger Band indicator is a hybrid tool combining fundamental analysis (P/E ratio) with technical analysis (Bollinger Bands).
It uses Bollinger Bands around a company's P/E ratio to identify potentially overvalued or undervalued zones.
The P/E ratio itself measures a stock's price relative to its earnings per share.
The Bollinger Bands, based on standard deviations, create a dynamic upper and lower band around the average P/E ratio.
Why P/E Bollinger Band?
Provides a visual representation of a company's relative valuation compared to its historical P/E range.
Can help identify areas where the P/E ratio might be deviating significantly from its historical norm.
Who should use it
Investors who combine technical and fundamental analysis for a more comprehensive stock evaluation.
Value investors seeking to identify potentially undervalued companies.
How to use
A P/E value that breaches the upper Bollinger Band suggests potential overvaluation, indicating the stock might be due for a price correction.
Conversely, a P/E value that falls below the lower Bollinger Band might signal undervaluation, presenting a potential buying opportunity (considering the company's fundamentals remain sound).
[INVX] SET Breadth IndicatorWhat is it ?
Market Breadth is a technical analysis tool that measures the overall direction of the market by looking at the number of companies advancing versus the number declining. It's like taking a pulse of the market to see whether more stocks are moving up or down.
The SET Breadth Indicator is a tool designed to help investors understand the overall market sentiment of the Stock Exchange of Thailand (SET). It measures the performance of all sector indexes within the SET to provide a broader view of market trends.
Why Set breath Indicator?
Market breadth helps investors understand the health and strength of the market. A rising market with strong breadth means many stocks are contributing to the upward movement, which is a positive sign. Conversely, a rising market with weak breadth (few stocks going up) might indicate potential weakness.
The SET Breadth Indicator is essential as it reveals overall market sentiment, serving as an early warning system for potential weakness. It informs investment decisions, confirms market trends, aids in portfolio diversification, and enhances risk management by monitoring sector performance. In summary, it provides deeper market insights, helping investors make better decisions.
How to use?
Trend Following - SET Breadth Indicator can be used to trade in trend-following style where you may enter long/short position when the indicator turns green/red, then exit position when the indicator crosses the zero
Reversion - SET Breadth Indicator can be used to trade in reversion style where you may enter long/short position as opposed to the market direction, for example, when the indicator is significantly high/low, it might imply that the trend is likely to revert soon.
Usage
[INVX] Relative Volatility Measure (RVM)Many top performing traders often discuss the importance of identifying tightness in price action as part of their entry tactics. BUT! it is difficult to find and detect, RVM is created to solve this issues.
RVM – help trader to easily visualize and identify tight area , Save hours looking through chart to find price contractions.
What is it ?
It is an oscillator design to help trader identify tight price action area quickly
RVM make it easy to read a chart like a pro save hours to look through chart finding contraction area
How does it work ?
Compare current price action to previous price movement
The oscillator tell whether if the stock is expand or tightens
How to use it ?
RVM < 15 : If the RVM shows less than 15, it means that the price tightens; the closer to 0, the tighter it gets.
RVM > 80 : The price expand, the value increase to the maximum of 100
Why is it useful ?
Tight price action, paired with decreased volume, is a sign that buying and selling have reached an equilibrium . During this equilibrium, the stock becomes coiled, ready to expand quickly to the upside or downside.
Areas with tightness of price are evidence of institutional accumulation,
and create potential buy points to jump on a trend.