This will mark my 8th year of Black Friday using Tradingview.
Here are 8 FREE public scripts I highly recommend exploring to refine your workflow, templates, or layouts. They’re listed alphabetically by script name:
1. **ADR% - Average Daily Range %** - By @zerokapital
https://t.co/X4auTxiKfR
Use this to study the historical ADR% of securities and analyze how momentum stocks develop and build their volatility patterns.
2. **ATR% Multiple from 50-MA** - Credits to @DumbleDax
https://t.co/mLUqfb8OMa
My favorite tool for profit-taking or extension signals in setups. It’s also helpful for index analysis to gauge when to scale back on risk exposure.
3. **EPS & Sales** - By @DumbleDax
https://t.co/jvz3G2xm36
Arguably the best EPS & Sales script available. It integrates earnings, sales, beats, and guidance into your charts via table format or below price template, as seen in my trading ideas and stock update.
4. **Financials on Chart** - By @tradingview
https://t.co/CbtPTKxl11
A fantastic on-chart display of up to 9 fundamentals (Qtr/Yr) of your choice from over 100 options, including PEG, Earnings Yield, Price to Free Cash Flow Ratio, and ROIC%. This is great for your long-term investment overview without referencing to another 3rd party website for fundamental data.
5. **Industry Group Strength** - By @amphtrading
https://t.co/IKtmMr502b
This indicator helps you pinpoint the best-performing stocks within specific industry groups. My default template lists the top 5 RS stocks from the same industry as the stock I’m analyzing. @amphtrading also offers 41+ free scripts, making him one of the most generous contributors to our TradingView community.
6. **Range Tightening Indicator** - By @Ollie_AllCaps
https://t.co/Mor5ex7AdU
A price-tightening indicator using a lookback period. It’s also useful for identifying the "rate of change" of potential bottoms or tops, as highlighted by Stanley Druckenmiller in his podcast with Nicolai Tangen.
7. **Simple Volume with Pocket Pivots** - By @finallynitin
https://t.co/aLQ9h3B0Xc
The most versatile volume script, in my opinion, offering extensive customization for color coding, dollar volume, RVOL, and more.
8. **Swing Data** - Credits to @DumbleDax
https://t.co/JzrW28SgVE
This table consolidates essential data for swing traders in a simple format, providing everything you need to improve trading execution & efficiency.
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I hope these scripts will prove beneficial on your trading journey.
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