AI Overview
To mimic MarketSmith's intraday analysis on TradingView,
focus on indicators like "MarketSmith & IBD Style Model Stock
Quarters" (for quarterly performance) and "MarketSmith
Indicator" or "Market Smith Indicators" (for EPS, sales, and RS
ratings). Additionally, you can use indicators like ""Price Data
Label"" to display historical bar data on hover.
Here's a more detailed breakdown:
1. Quarterly Performance (MarketSmith & IBD Style Model
Stock Quarters):
- This
indicator, found on TradingView, allows you to mark the start of each
quarter, similar to MarketSmith's visual representation, according to one
user's description.
- It
helps align your trading strategies with quarterly performance data or
seasonal analysis.
2. EPS, Sales, and RS Ratings (MarketSmith Indicator, etc.):
- Several
TradingView scripts aim to replicate MarketSmith's EPS growth, sales data,
and RS rating, says one user.
- These
indicators can help you assess a stock's financial health and relative
strength against the market.
3. Historical Bar Data (Price Data Label):
- This
indicator allows you to display historical data for each bar on the chart
by simply hovering over it, mimicking MarketSmith's functionality.
- It
includes details like open, high, low, close, percentage change, and more.
4. Other Useful Indicators:
- Volume
Buzz:
An indicator that calculates the percentage of volume traded
above the average, helping identify above-average volume days.
- Up/Down
Volume Ratio:
Calculates the ratio of up-volume days to down-volume days,
providing insights into trading volume patterns.
- RS
Rating:
Tracks a stock's relative strength compared to the market
over a period, which is a key metric in MarketSmith's analysis.
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