OPEN-SOURCE SCRIPT
Actualizado Simple rate of return comparison
This simple indicator compares RoR for up to eleven assets over a period described by the "Offset" input variable.
RoR type may be:
If the "Relative" option is selected, the RoR of the base asset will be deducted from the asset's ROR.
If the "SMA easing" option is selected, RoRs will be eased by a simple moving average of "Offset" bars.
RoR type may be:
- Classical logarytmic RoR: log((Po - Pn)/Po).
- Percent growth: (Po - Pn)/Po.
- Fiat evaluaton based on "Budget" input roperty: $ * (Po - Pn)/Po.
If the "Relative" option is selected, the RoR of the base asset will be deducted from the asset's ROR.
If the "SMA easing" option is selected, RoRs will be eased by a simple moving average of "Offset" bars.
Notas de prensa
Return calculation was wrong, also fixed labels.Script de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.