EPS & Sales | Earnings Dashboard | Earnings Levels | Earnings Expansion Projection | Tradingview indicators | MarketSurge

 The term "Marketsurge Earnings Line" on TradingView typically refers to an indicator, or a set of indicators, inspired by MarketSmith (formerly IBD) that visualizes a company's earnings per share (EPS) trends directly on a TradingView chart. These indicators help traders and investors assess a company's profitability and potential growth by displaying EPS data and its progression over time. 

Here's a breakdown of what this might entail:

1. EPS Line Indicator:

• This indicator specifically plots the EPS of a company on the chart, allowing for easy visualization of its trend.
• A rising EPS line indicates growing earnings per share, which is generally a positive sign for a company's profitability.
• TradingView users can hover over the plotted symbols to see detailed EPS data for reported, diluted, and basic EPS. 

2. MarketSmith Inspired Indicators:

• Some TradingView scripts aim to replicate the functionality of MarketSmith's charting tools, including EPS and sales data visualization. 
• These indicators often include features like:
  • EPS & Sales: Visualizing EPS percentage increases and sales figures. 
  • Earnings Dashboard: Providing a quick overview of recent quarterly earnings growth, often with color-coded indicators for easy comparison. 
  • Earnings Levels: Showing how a stock is trading relative to its earnings announcement levels. 
  • Earnings Expansion Projection: Creating a curve to project future EPS growth and potential price movements. 

3. Using the Indicators:

• Chart Visualization:

  The indicators overlay EPS data directly on the price chart, allowing for easy comparison with price movements. 
• Fundamental Analysis:

  These tools are valuable for fundamental analysis, helping investors assess a company's financial health and growth potential. 
• Identifying Trends:

  Traders can use the EPS line to identify uptrends in earnings, which can be a leading indicator of future price increases. 
• Earnings Surprises:

  Some indicators include features to highlight earnings surprises (beats or misses) relative to estimates. 

4. Where to Find Them:

• The TradingView platform has a variety of indicators categorized under "Indicators & Strategies" > "Earnings."
• Search for "Marketsurge" or "EPS Line" within the indicator library to find relevant scripts. 
• Look for indicators that are specifically designed to mimic MarketSmith's features or visualize EPS data.