Shortable stocks refer to stocks that can be shorted, that is, traders are able to sell these stocks even if they don't own them. Usually, stock shares are borrowed from a broker and sold to another buyer. When the trader want to buy back stock shares (cover its position), these...
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Downloader
Medium
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The Force index is an index developed by Dr Alexander Elder. It measures the strength of bulls and bears in the market. The formula uses both close prices and volume data. It is calculated by subtracting the yesterday close price from today (current bar) close price, then multiplying the result...
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Indicator
Medium
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I have just uploaded a rules analyzer metric script, which can be found here: 284. This script produces several metrics, one for each trading year.
The current script creates only one metric, which is the average 'output per bar' for all years. The metric is not the same as the default...
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Rule Metrics
Medium
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This Indicator contains macd.macd signal and ema
MACD Moving Average Convergence/Divergence
SYNTAX Macd( ARRAY signalperiod)
MACD returns the Moving Average Convergence Divergence indicator. MACD is a momentum oscillator, yet its primary use is to trade trends. MACD has two lines, one called MACD line or fast line and the other MACD signal...
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Indicator
Medium
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With the 'composite' plugin in QS, we can easily create our own indices. The simplest construction gives a price-weighted index. One drawback of a price weighted index is that when a high priced stock ceases to be a member of the index, it results in a downward gap for that...
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Composite
Medium
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This is a variation of the 120. The indicator contains an additional parameter that lets you define a minimum number of trades threshold.
The Buy Indicator performs for each bar a simulation or backtest and returns the average return/performance of the strategy defined in the rule and N-Bar stop parameters. For...
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Indicator
Medium
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Here is a UK economic data item that downloads economic time series from the Office for National Statistics website.
It can be used to download almost any economic indicator for the United Kingdom economy.
Currently it is set to download the Average Earnings Index for the whole UK economy. The Average Earnings...
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Downloader
Medium
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This function can be used to calculate Upside/Downside standard deviation or any other custom standard deviation.
As an example, let us say you want to calculate standard deviation of returns but just returns that occurred while a particular stock was trading below its long-term or 250-bar moving average. That particular standard...
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Indicator
Basic
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Using the simulator you can easily create and combine two different trading strategies, one long strategy and one short strategy.
However, if you want to create two long trading strategies, you will have to create your own money management script or use this object.
This money management script allows you to...
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Money Manag.
Advanced
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The Large Block Ratio is a market sentiment indicator that shows the relationship between large block trades (or trades of more than 10,000 shares) and the total traded volume on the New York Stock Exchange.
This indicator will tell you how active the large institutional traders in the market.
Because the ratio...
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Indicator
Advanced
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The built-in "GetData" function allows you to retrieve data from a custom database (fundamental, news, sentiment, put/call ratio...). It gets data for the last field's value that occurred during each trading bar.
Imagine you have a volume field (daily data) and you want to display the volume's sum in a...
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Indicator
Advanced
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Historical EDO quotes for stocks listed on Euronext Lisbon, formerly known as the Lisbon Stock Exchange, are provided by Euronext. The data is available for download in the NYSE Euronext website. The download item requires a list of ticker symbols for Lisbon Stocks that contains the Euronext Code in the...
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Downloader
Medium
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This item downloads historical quotes data for stocks listed on the Indonesia Stock Exchange (Bursa Efek Indonesia). It gets quotes from the exchange website (idx.co.id) by date and for all listed companies.
The 158 list of symbols contains ticker information about the companies.
The current downloader automatically adds new symbols in your...
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Downloader
Medium
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Investopedia defines oversold as
1. A condition in which the price of an underlying asset has fallen sharply, and to a level below which its true value resides. This condition is usually a result of market overreaction or panic selling.
2. A situation in technical analysis where the price of an asset...
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Watch List
Medium
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This downloader is based on the QuantShare blog post: Getting Accurate Backtesting Results: Survivorship bias-free S&P 500
It allows you to create a survivorship bias-free database of several indices. It downloads historical composition of an ETF that tracks an index then creates a custom database by assigning the value "1"...
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Downloader
Medium
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Download Valuation Confidence Index data starting from October 1989, for institutional and individual investors, from the Yale School of management. The following item creates two symbols (^YALE_VCI_INSTITUTIONAL and ^YALE_VCI_INDIVIDUAL). The first one concerns the Valuation index for institutional investors, while the second concerns the valuation index for individual investors.
I have...
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Downloader
Advanced
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Created by Dr. Rene Koch, the variance ratio indicator measures the degree of mean reversion or trendiness in a time series. It is an easy and fast way to detect whether a security or price series is trending, mean reverting or following a random walk.
The variance ratio interpretation is as...
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Indicator
Medium
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The Gann trend indicator tries to address the need for investors and traders to define mechanically the trend of a financial instrument.
The Gann trend indicator is implemented by tracking trend changes as defined by two up or two down closes. The indicator returns 1 when it detects an uptrend and...
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Indicator
Basic
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This trading indicator returns the ratio of S&P 500 index to equity put-call volume. It gets the S&P 500 index (Symbol: ^GSPC using the following downloader 463) and divide it by the put/call ratio, which can be downloaded from 146.
The Equity put-call ratio is a sentiment indicator that measures the...
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Indicator
Medium
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This Saudi Stock Exchange EOD Downloader gets one year of historical data for all stocks listed on the Tadawul Exchange. A total of 162 stocks and indices are downloaded; the list includes for example: Riyad Bank, Bank Al Jazira, Yanbu Cement Co., Fitaihi Holding Group, Saudi Basic Industries Corp., Saudi...
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Downloader
Medium
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The random walk index in a trading indicator described by E. Michael Poulos in the technical analysis of stocks & commodities magazine.
The author defines the random walk index as the ratio of the real security move to the expected random walk. A ratio higher than one indicates that the security's...
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Indicator
Medium
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The InSync Index is a consensus oscillator created in 1995 by Norm North. A consensus oscillator is an indicator that generates an output using the value of many other trading indicators.
The InSync Index is calculated by summing several technical analysis indicators including the Bollinger Bands, Moving average convergence/divergence, Commodity channel...
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Indicator
Medium
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This earnings calendar item gets data for current and upcoming earnings for US Stocks. The item downloads the date, time, EPS and Previous Year EPS of each US Stock (Starting from 2010) and stores the data in a custom historical database "earnings_cal". You can access the data later and create...
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Downloader
Medium
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This Generic Trading System Template can be used as a starting point for your own trading system developments. It includes all the simulator settings that can be parameterized as well as examples for ranking, optimization, stop-setting, entry/exit rules and limits.
The template is grouped into settings that are likely to get...
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Trading System
Medium
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Intrade is a market prediction website where users predict whether a specific event will occur or not. In fact, Intrade is an exchange that facilitates the matching of orders from its customers. Intrade users trade events instead of securities. Each event has a close, open, high, low and a volume...
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Downloader
Advanced
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The TFS MBO indicator is the last component of Bryan Strain's Tend Following System. Similarly to the MACD oscillator, it calculates the difference between two averages - fast and slow. TFS MBO is consequently an oscillator based on the close price whose variation is used to confirm the market tendency.
This...
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Indicator
Medium
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The 'calcB' function is used by the standard error bands function to calculate the beta linear regression coefficient. It is multiplied by the sum of the close price over the calculation period multiplied by the current bar and then subtracted from the sum of the square of the close price...
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Indicator
Medium
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The channel drawing tool draws two parallel lines used to mark a trend channel (Another name for channel tool might be trend channel tool).
It works as follows: Draw a line from one low to the next low. A trend line will be drawn, then move the mouse to the upper...
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Drawing Tool
Medium
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Camarilla Pivot Points can be displayed on a chart using this drawing tool. By moving the mouse cursor over a chart, this item shows the pivot point, 4 support lines and 4 resistance lines for the selected bar.
The support and resistance pivot points created by the camarilla equation uses the...
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Drawing Tool
Medium
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The penny stock news picks Watchlist displays penny stocks that have at least two news items in the current/last trading day.
The penny stock picks watchlist looks for stocks whose share price is less than 2 dollars (micro and small cap stocks); it then uses the "GetDataCount" function to retrieve the...
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Watch List
Medium
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This item loads and saves a list of all European holidays. As with the US holidays object (268), the data is retrieved from the InterContinental Exchange website (theice.com).
The data is downloaded from 2001 to 2012 and is saved into the following custom database: 'holidays_europe'. The symbol '^Holidays_EUROPE', which is associated...
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Downloader
Medium
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Here is a very simple money management script that shows you how to buy a fixed number of shares instead of a number of shares determined by the available cash (default money management sizing method).
In order to use this script, simply add it to your trading system. Later, when selecting...
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Money Manag.
Medium
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The Chaikin Oscillator is calculated by subtracting an exponential moving average of the Accumulation Distribution line with a 10 bars lookback period from an exponential moving average of the Accumulation Distribution line with a 3 bars lookback period.
This Chaikin Oscillator indicator accepts two parameters. The first one, called 'slow' refers...
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Indicator
Medium
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This is a list of volatility-related indexes. The indexes are calculated by the Chicago board options exchange and are measures of the market expectation of the near-term volatility of the underlying securities.
These indexes track implicit volatility and their prices are calculated using the implicit volatility of the underlying security options...
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Symbols
Basic
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This item downloads share volume opening and closing crosses from the NASDAQ crossing network. These are the share volume on the open and close auctions for each security listed on the NASDAQ exchange. The auction will determine the stock official open and close prices.
The data is available starting from 2008...
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Downloader
Medium
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Download news headlines from the smartmoney.com custom ticker-based news RSS feed.
Smartmoney website provides news for US stock companies from the following sources: PR Newswire, Business Wire, Down Jones Business News...
The news database name is 'news_smartmoney' and it consists of four columns where the first column contains the news date, the...
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Downloader
Medium
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The Ulcer Performance Index is a measure of investment or trading strategy performance and is constructed by dividing the excess return by the Ulcer Index. The calculation is almost the same as in the Sharpe Ratio, which is computed by dividing the excess return (Total strategy return minus the risk...
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Indicator
Medium
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"GetData" is the main function that allows you to access custom databases data. It lets you retrieve an item value, from an intraday or historical database, that occurred within the current bar.
Let us say we have a custom database that contains fundamental data. One field in this database is called...
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Indicator
Medium
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Disposable Personal Income is an economic measure of the total amount of money that is available to the population or households to use and spend after all taxes have been paid.
The Disposable Personal Income is a key economical indicator and is often used to monitor and gauge the state of...
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Downloader
Medium
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