This is a Visual Indicator intended to be a reminder to those who need it! This indicator allows you to set a profit level and displays the calculated values if you were to profit that amount each day. The vision of this indicator is to get the user more green trades by reminding them to get out while they're ahead, because there are more days ahead! It also...
Compound Ratio Weighted Average (CoRa_Wave) is a moving average where the weights increase in a "logarithmically linear" way - from the furthest point in the data to the current point - the formula to calculate these weights work in a similar way to how "compound ratio" works - you start with an initial amount, then add a consistent "ratio of the cumulative prior...
By studying historical data we can know the compounded growth rate of an investment from the inception date. For example if we know that an investment has grown at the rate of 6% in the past and if we expect similar growth in the future also, We can plot this graph to understand whether the current price is underpriced or overpriced as per projected return. In...
A simple function to calculate compound interest for given values.