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Indicator · Pine Script v6 · On the chart

MarketMerge

by mgnyc11

MarketMerge generates an on-chart MarketSurge-style data panel featuring CANSLIM analysis, fundamental metrics, relative strength ratings, and key technical overlays.

View on GitHub

GitHub stars6on the repository
Pine versionv6current
Lines of code413
Settings12inputs
LicenceMIT
Last update8 months ago28 Feb 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

413 lines of Pine Script v6 from marketmerge_v1.0.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.

marketmerge_v1.0.pine 
//@version=6
indicator("MarketMerge v1.0", overlay=true, max_labels_count=100)

// ============================================================================
// MARKETMERGE v1.0 — CANSLIM Data Panel + Chart Overlay
// IBD-style ratings, earnings, RS line, S&P overlay, CANSLIM checklist
// ============================================================================

// === INPUTS ===
string grp_display = "Display"
bool showRatings    = input.bool(true, "Show Ratings Panel", group=grp_display)
bool showEPS        = input.bool(true, "Show EPS Table", group=grp_display)
bool showFinancials = input.bool(true, "Show Financials", group=grp_display)
string panelSize    = input.string("tiny", "Text Size", options=["tiny", "small", "normal"], group=grp_display)

string grp_rs = "Relative Strength & Benchmark"
string rsBenchmark = input.symbol("SPY", "RS Benchmark", group=grp_rs)
bool showRSline    = input.bool(true, "Show RS Line on Chart", group=grp_rs)
bool showSPYoverlay = input.bool(true, "Show S&P 500 Overlay", group=grp_rs)

string grp_ma = "Moving Averages"
bool showMA21  = input.bool(false, "Show 21 EMA", group=grp_ma)
bool showMA50  = input.bool(true, "Show 50 DMA", group=grp_ma)
bool showMA150 = input.bool(false, "Show 150 DMA", group=grp_ma)
bool showMA200 = input.bool(true, "Show 200 DMA", group=grp_ma)

bool showEPSmarkers = input.bool(true, "Show EPS Markers on Chart")

// === TEXT SIZE ===
var string txtSize = panelSize == "tiny" ? size.tiny : panelSize == "small" ? size.small : size.normal

// === PANEL COLORS (shaded background) ===
color bgColor      = color.new(#e8e8e8, 0)
color borderColor  = color.new(#b0b0b0, 0)
color headerBg     = color.new(#d0d0d0, 0)
color labelColor   = color.new(#555555, 0)
color valueColor   = color.new(#111111, 0)
color greenColor   = color.new(#26a69a, 0)
color redColor     = color.new(#ef5350, 0)
color blueColor    = color.new(#2196f3, 0)
color yellowColor  = color.new(#ff9800, 0)

// === SYMINFO (v6 safe) ===
string tickerId   = syminfo.tickerid
string tickerName = syminfo.ticker

// Financial data for market cap
float sharesOut = request.financial(tickerId, "TOTAL_SHARES_OUTSTANDING", "FQ")

// === MOVING AVERAGES ===
float ema21 = ta.ema(close, 21)
float ma50  = ta.sma(close, 50)
float ma150 = ta.sma(close, 150)
float ma200 = ta.sma(close, 200)
float volMA50 = ta.sma(volume, 50)

// MA Colors: 21 EMA = pink, 50 DMA = red, 150 = orange, 200 = black (all thin)
plot(showMA21  ? ema21 : na, "21 EMA",  color=color.new(#e91e90, 0), linewidth=1)
plot(showMA50  ? ma50  : na, "50 DMA",  color=color.new(#ff0000, 0), linewidth=1)
plot(showMA150 ? ma150 : na, "150 DMA", color=color.new(#f0883e, 0), linewidth=1)
plot(showMA200 ? ma200 : na, "200 DMA", color=color.new(#000000, 0), linewidth=1)

// === BENCHMARK DATA (used for RS line + SPY overlay) ===
float benchClose = request.security(rsBenchmark, timeframe.period, close)

// === RELATIVE STRENGTH LINE ===
// RS Line = stock price / benchmark price, normalized and scaled to chart
float rsLine = benchClose > 0 ? (close / benchClose) : na
float rsMA = ta.sma(rsLine, 50)
float rsScaled = na(rsLine) ? na : (rsLine / rsMA) * ma200
plot(showRSline ? rsScaled : na, "RS Line", color=color.new(#2196f3, 0), linewidth=1, style=plot.style_line)

// === S&P 500 OVERLAY ===
// Scale SPY to match stock's visible chart area (like MarketSurge)
// Uses same timeframe as the chart automatically via request.security
float spyClose = request.security("SPY", timeframe.period, close)

// Use percentage-change approach: anchor both at a reference point, then scale
// Reference: 100 bars back (or first available), both normalized to that point
int refBars = math.min(bar_index, 100)
float stockRef = close[refBars]
float spyRef   = spyClose[refBars]

// SPY % change from reference, applied to stock's reference price
// This makes SPY track relative performance from the same starting point
float spyPctChg = spyRef > 0 ? (spyClose / spyRef) : na
float spyNorm = not na(spyPctChg) and stockRef > 0 ? stockRef * spyPctChg : na
plot(showSPYoverlay ? spyNorm : na, "S&P 500", color=color.new(#000000, 40), linewidth=1, style=plot.style_line)

// === RS RATING CALCULATION ===
float stockRet63  = bar_index >= 63  ? (close - close[63])  / close[63]  * 100 : 0
float stockRet126 = bar_index >= 126 ? (close - close[126]) / close[126] * 100 : 0
float stockRet189 = bar_index >= 189 ? (close - close[189]) / close[189] * 100 : 0
float stockRet252 = bar_index >= 252 ? (close - close[252]) / close[252] * 100 : 0

float benchRet63  = bar_index >= 63  ? (benchClose - benchClose[63])  / benchClose[63]  * 100 : 0
float benchRet126 = bar_index >= 126 ? (benchClose - benchClose[126]) / benchClose[126] * 100 : 0
float benchRet189 = bar_index >= 189 ? (benchClose - benchClose[189]) / benchClose[189] * 100 : 0
float benchRet252 = bar_index >= 252 ? (benchClose - benchClose[252]) / benchClose[252] * 100 : 0

float stockRS = stockRet63 * 0.4 + stockRet126 * 0.2 + stockRet189 * 0.2 + stockRet252 * 0.2
float benchRS = benchRet63 * 0.4 + benchRet126 * 0.2 + benchRet189 * 0.2 + benchRet252 * 0.2
float rsRaw = stockRS - benchRS
int rsRating = math.round(math.max(1, math.min(99, 50 + rsRaw * 1.5)))

// === EARNINGS DATA ===
float epsActual = request.earnings(tickerId, earnings.actual, barmerge.gaps_on, barmerge.lookahead_off)

// === FINANCIAL DATA ===
float epsAnnual     = request.financial(tickerId, "EARNINGS_PER_SHARE", "FY")
float revenueAnnual = request.financial(tickerId, "TOTAL_REVENUE",      "FY")
float netIncome     = request.financial(tickerId, "NET_INCOME",          "FY")
float totalDebt     = request.financial(tickerId, "TOTAL_DEBT",          "FY")
float totalEquity   = request.financial(tickerId, "TOTAL_EQUITY",        "FY")

// Detect annual report change to get prior year
bool annEpsChanged = bar_index > 0 and not na(epsAnnual) and (na(epsAnnual[1]) or epsAnnual != epsAnnual[1])
float epsAnnualPrev = ta.valuewhen(annEpsChanged, epsAnnual[1], 0)

// === QUARTERLY FINANCIALS ===
// Use gaps_off (default) — value fills forward as latest reported quarter
// To get prior quarters, detect when the value CHANGES (= new report filed)
float epsQuarterly = request.financial(tickerId, "EARNINGS_PER_SHARE", "FQ")
float revenueQtr   = request.financial(tickerId, "TOTAL_REVENUE",      "FQ")

// Detect new quarterly EPS report (value changed from prior bar)
bool epsChanged = bar_index > 0 and not na(epsQuarterly) and (na(epsQuarterly[1]) or epsQuarterly != epsQuarterly[1])
// Count occurrences to get prior quarters via valuewhen
// valuewhen(condition, source, occurrence) — occurrence 0 = most recent, 1 = one before, etc.
float epsQ_1 = ta.valuewhen(epsChanged, epsQuarterly[1], 0)  // prior quarter
float epsQ_2 = ta.valuewhen(epsChanged, epsQuarterly[1], 1)  // 2 quarters ago  
float epsQ_3 = ta.valuewhen(epsChanged, epsQuarterly[1], 2)  // 3 quarters ago
float epsQ_4 = ta.valuewhen(epsChanged, epsQuarterly[1], 3)  // 4 quarters ago (year-ago)
float epsQ_5 = ta.valuewhen(epsChanged, epsQuarterly[1], 4)  // 5 quarters ago

bool revChanged = bar_index > 0 and not na(revenueQtr) and (na(revenueQtr[1]) or revenueQtr != revenueQtr[1])
float revQ_1 = ta.valuewhen(revChanged, revenueQtr[1], 0)
float revQ_4 = ta.valuewhen(revChanged, revenueQtr[1], 3)

// === DERIVED METRICS ===
float peRatio = epsAnnual > 0 ? close / epsAnnual : na
float roe = totalEquity > 0 ? (netIncome / totalEquity) * 100 : na
float debtEquity = totalEquity > 0 ? (totalDebt / totalEquity) : na
float epsGrowthAnn = (not na(epsAnnualPrev) and math.abs(epsAnnualPrev) > 0) ? ((epsAnnual - epsAnnualPrev) / math.abs(epsAnnualPrev)) * 100 : na
float epsQChg = (not na(epsQ_4) and math.abs(epsQ_4) > 0) ? ((epsQuarterly - epsQ_4) / math.abs(epsQ_4)) * 100 : na
float epsQ1Chg = (not na(epsQ_5) and math.abs(epsQ_5) > 0) ? ((epsQ_1 - epsQ_5) / math.abs(epsQ_5)) * 100 : na
float revQChg = (not na(revQ_4) and math.abs(revQ_4) > 0) ? ((revenueQtr - revQ_4) / math.abs(revQ_4)) * 100 : na
float margin = (not na(revenueAnnual) and revenueAnnual != 0) ? (netIncome / revenueAnnual) * 100 : na

// Ratings
int epsRatingRaw = na(epsQChg) ? 50 : epsQChg > 100 ? 95 : epsQChg > 50 ? 85 : epsQChg > 25 ? 75 : epsQChg > 10 ? 60 : epsQChg > 0 ? 45 : epsQChg > -10 ? 30 : 15
int compositeRating = math.round((rsRating * 0.4) + (epsRatingRaw * 0.4) + (50 * 0.2))

float upVol   = close > close[1] ? volume : 0.0
float downVol = close < close[1] ? volume : 0.0
float upVolSum   = math.sum(upVol, 50)
float downVolSum = math.sum(downVol, 50)
float udRatio = downVolSum > 0 ? upVolSum / downVolSum : na
string accDisRating = udRatio >= 1.5 ? "A" : udRatio >= 1.2 ? "B+" : udRatio >= 1.0 ? "B" : udRatio >= 0.8 ? "C+" : udRatio >= 0.6 ? "C" : udRatio >= 0.4 ? "D" : "E"

float smrS = not na(revQChg) and revQChg > 25 ? 30 : not na(revQChg) and revQChg > 10 ? 20 : 10
float smrM = not na(margin) and margin > 20 ? 30 : not na(margin) and margin > 10 ? 20 : 10
float smrR = not na(roe) and roe > 20 ? 30 : not na(roe) and roe > 10 ? 20 : 10
float smrScore = smrS + smrM + smrR
string smrRating = smrScore >= 80 ? "A" : smrScore >= 60 ? "B" : smrScore >= 40 ? "C" : "D"

float high52 = ta.highest(high, 252)
float low52  = ta.lowest(low, 252)
float offHigh52 = ((close - high52) / high52) * 100
float atr21 = ta.atr(21)
float atrPct = (atr21 / close) * 100

// === HELPER FUNCTIONS ===
getColor(float val, float hi, float mid) =>
    val >= hi ? greenColor : val >= mid ? yellowColor : redColor

getPctColor(float val) =>
    val > 0 ? greenColor : val < 0 ? redColor : labelColor

fmtPct(float val) =>
    na(val) ? "N/A" : (val >= 0 ? "+" : "") + str.tostring(val, "#.#") + "%"

fmtVal(float val, string fmt) =>
    na(val) ? "N/A" : str.tostring(val, fmt)

// === DATA PANEL TABLE ===
if barstate.islast
    var table panel = table.new(position.bottom_left, 4, 40, bgcolor=bgColor, border_color=borderColor, border_width=1)

    int row = 0

    // --- HEADER ---
    float dayChg = ((close - close[1]) / close[1]) * 100
    string chgStr = (dayChg >= 0 ? "+" : "") + str.tostring(dayChg, "#.##") + "%"
    table.cell(panel, 0, row, tickerName, text_color=valueColor, text_size=size.small, text_halign=text.align_left, bgcolor=headerBg)
    table.cell(panel, 1, row, "$" + str.tostring(close, "#.##"), text_color=valueColor, text_size=size.small, bgcolor=headerBg)
    table.cell(panel, 2, row, chgStr, text_color=dayChg >= 0 ? greenColor : redColor, text_size=size.small, bgcolor=headerBg)
    table.cell(panel, 3, row, "", bgcolor=headerBg)
    row += 1

    // Sub-header
    table.cell(panel, 0, row, "Vol " + str.tostring(volume / 1e6, "#.#") + "M", text_color=labelColor, text_size=txtSize)
    table.cell(panel, 1, row, "Avg " + str.tostring(volMA50 / 1e6, "#.#") + "M", text_color=labelColor, text_size=txtSize)
    table.cell(panel, 2, row, "Off Hi " + fmtPct(offHigh52), text_color=getPctColor(offHigh52), text_size=txtSize)
    table.cell(panel, 3, row, "ATR " + str.tostring(atrPct, "#.#") + "%", text_color=labelColor, text_size=txtSize)
    row += 1

    // === COMPANY PROFILE ===
    table.cell(panel, 0, row, "── PROFILE ──", text_color=blueColor, text_size=txtSize, bgcolor=headerBg)
    table.cell(panel, 1, row, "", bgcolor=headerBg)
    table.cell(panel, 2, row, "", bgcolor=headerBg)
    table.cell(panel, 3, row, "", bgcolor=headerBg)
    row += 1

    // Company name
    string descRaw = syminfo.description
    string descShort = str.length(descRaw) > 30 ? str.substring(descRaw, 0, 27) + "..." : descRaw
    table.cell(panel, 0, row, descShort, text_color=valueColor, text_size=txtSize)
    table.cell(panel, 1, row, "", text_size=txtSize)
    table.cell(panel, 2, row, syminfo.prefix, text_color=labelColor, text_size=txtSize)
    table.cell(panel, 3, row, syminfo.currency, text_color=labelColor, text_size=txtSize)
    row += 1

    // Sector + Market Cap
    string secRaw = syminfo.sector
    string secShort = str.length(secRaw) > 20 ? str.substring(secRaw, 0, 17) + "..." : secRaw
    float mktCap = not na(sharesOut) ? close * sharesOut : na
    string mktCapStr = na(mktCap) ? "N/A" : mktCap >= 1e12 ? "$" + str.tostring(mktCap / 1e12, "#.##") + "T" : mktCap >= 1e9 ? "$" + str.tostring(mktCap / 1e9, "#.#") + "B" : "$" + str.tostring(mktCap / 1e6, "#.#") + "M"
    table.cell(panel, 0, row, "Sector", text_color=labelColor, text_size=txtSize)
    table.cell(panel, 1, row, secShort, text_color=valueColor, text_size=txtSize)
    table.cell(panel, 2, row, "Mkt Cap", text_color=labelColor, text_size=txtSize)
    table.cell(panel, 3, row, mktCapStr, text_color=valueColor, text_size=txtSize)
    row += 1

    // Industry
    string indRaw = syminfo.industry
    string indShort = str.length(indRaw) > 30 ? str.substring(indRaw, 0, 27) + "..." : indRaw
    table.cell(panel, 0, row, "Industry", text_color=labelColor, text_size=txtSize)
    table.cell(panel, 1, row, indShort, text_color=valueColor, text_size=txtSize)
    table.cell(panel, 2, row, "", text_size=txtSize)
    table.cell(panel, 3, row, "", text_size=txtSize)
    row += 1

    // === RATINGS ===
    if showRatings
        table.cell(panel, 0, row, "── RATINGS ──", text_color=blueColor, text_size=txtSize, bgcolor=headerBg)
        table.cell(panel, 1, row, "", bgcolor=headerBg)
        table.cell(panel, 2, row, "", bgcolor=headerBg)
        table.cell(panel, 3, row, "", bgcolor=headerBg)
        row += 1

        table.cell(panel, 0, row, "Composite", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 1, row, str.tostring(compositeRating), text_color=getColor(compositeRating, 80, 60), text_size=txtSize)
        table.cell(panel, 2, row, "EPS Rtg", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 3, row, str.tostring(epsRatingRaw), text_color=getColor(epsRatingRaw, 80, 60), text_size=txtSize)
        row += 1

        table.cell(panel, 0, row, "RS Rating", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 1, row, str.tostring(rsRating), text_color=getColor(rsRating, 80, 60), text_size=txtSize)
        table.cell(panel, 2, row, "SMR", text_color=labelColor, text_size=txtSize)
        color smrClr = smrScore >= 80 ? greenColor : smrScore >= 60 ? blueColor : smrScore >= 40 ? yellowColor : redColor
        table.cell(panel, 3, row, smrRating, text_color=smrClr, text_size=txtSize)
        row += 1

        table.cell(panel, 0, row, "Acc/Dis", text_color=labelColor, text_size=txtSize)
        color adClr = nz(udRatio) >= 1.2 ? greenColor : nz(udRatio) >= 0.8 ? yellowColor : redColor
        table.cell(panel, 1, row, accDisRating, text_color=adClr, text_size=txtSize)
        table.cell(panel, 2, row, "U/D Vol", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 3, row, fmtVal(udRatio, "#.##"), text_color=nz(udRatio) >= 1.0 ? greenColor : redColor, text_size=txtSize)
        row += 1

        table.cell(panel, 0, row, "P/E", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 1, row, fmtVal(peRatio, "#.#"), text_color=valueColor, text_size=txtSize)
        table.cell(panel, 2, row, "ROE", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 3, row, na(roe) ? "N/A" : str.tostring(roe, "#.#") + "%", text_color=nz(roe) >= 17 ? greenColor : labelColor, text_size=txtSize)
        row += 1

        table.cell(panel, 0, row, "52w Hi", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 1, row, str.tostring(high52, "#.##"), text_color=valueColor, text_size=txtSize)
        table.cell(panel, 2, row, "52w Lo", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 3, row, str.tostring(low52, "#.##"), text_color=valueColor, text_size=txtSize)
        row += 1

        // MA Status
        bool above50 = close > ma50
        bool above200 = close > ma200
        bool trendOK = close > ma50 and close > ma150 and close > ma200 and ma50 > ma150 and ma150 > ma200
        table.cell(panel, 0, row, "> 50 DMA", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 1, row, above50 ? "✓" : "✗", text_color=above50 ? greenColor : redColor, text_size=txtSize)
        table.cell(panel, 2, row, "> 200 DMA", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 3, row, above200 ? "✓" : "✗", text_color=above200 ? greenColor : redColor, text_size=txtSize)
        row += 1

        table.cell(panel, 0, row, "Trend Tmpl", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 1, row, trendOK ? "PASS ✓" : "FAIL", text_color=trendOK ? greenColor : redColor, text_size=txtSize)
        table.cell(panel, 2, row, "RS Line", text_color=labelColor, text_size=txtSize)
        bool rsUp = rsLine > rsLine[20]
        table.cell(panel, 3, row, rsUp ? "▲ UP" : "▼ DN", text_color=rsUp ? greenColor : redColor, text_size=txtSize)
        row += 1

    // === EARNINGS ===
    if showEPS
        table.cell(panel, 0, row, "── EARNINGS ──", text_color=blueColor, text_size=txtSize, bgcolor=headerBg)
        table.cell(panel, 1, row, "", bgcolor=headerBg)
        table.cell(panel, 2, row, "", bgcolor=headerBg)
        table.cell(panel, 3, row, "", bgcolor=headerBg)
        row += 1

        table.cell(panel, 0, row, "Ann EPS", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 1, row, fmtVal(epsAnnual, "#.##"), text_color=valueColor, text_size=txtSize)
        table.cell(panel, 2, row, "EPS Grw", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 3, row, fmtPct(epsGrowthAnn), text_color=getPctColor(nz(epsGrowthAnn)), text_size=txtSize)
        row += 1

        table.cell(panel, 0, row, "Qtr", text_color=labelColor, text_size=txtSize, bgcolor=headerBg)
        table.cell(panel, 1, row, "EPS", text_color=labelColor, text_size=txtSize, bgcolor=headerBg)
        table.cell(panel, 2, row, "YoY %", text_color=labelColor, text_size=txtSize, bgcolor=headerBg)
        table.cell(panel, 3, row, "", bgcolor=headerBg)
        row += 1

        table.cell(panel, 0, row, "Latest", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 1, row, fmtVal(epsQuarterly, "#.##"), text_color=valueColor, text_size=txtSize)
        table.cell(panel, 2, row, fmtPct(epsQChg), text_color=getPctColor(nz(epsQChg)), text_size=txtSize)
        table.cell(panel, 3, row, "", text_size=txtSize)
        row += 1

        table.cell(panel, 0, row, "Prior", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 1, row, fmtVal(epsQ_1, "#.##"), text_color=valueColor, text_size=txtSize)
        table.cell(panel, 2, row, fmtPct(epsQ1Chg), text_color=getPctColor(nz(epsQ1Chg)), text_size=txtSize)
        table.cell(panel, 3, row, "", text_size=txtSize)
        row += 1

        table.cell(panel, 0, row, "Q-2", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 1, row, fmtVal(epsQ_2, "#.##"), text_color=valueColor, text_size=txtSize)
        table.cell(panel, 2, row, "Q-3", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 3, row, fmtVal(epsQ_3, "#.##"), text_color=valueColor, text_size=txtSize)
        row += 1

        bool accel = not na(epsQChg) and not na(epsQ1Chg) and epsQChg > epsQ1Chg
        table.cell(panel, 0, row, "EPS Accel", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 1, row, accel ? "YES ✓" : "NO", text_color=accel ? greenColor : redColor, text_size=txtSize)
        table.cell(panel, 2, row, "Rev Grw", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 3, row, fmtPct(revQChg), text_color=getPctColor(nz(revQChg)), text_size=txtSize)
        row += 1

    // === FINANCIALS ===
    if showFinancials
        table.cell(panel, 0, row, "── FINANCIAL ──", text_color=blueColor, text_size=txtSize, bgcolor=headerBg)
        table.cell(panel, 1, row, "", bgcolor=headerBg)
        table.cell(panel, 2, row, "", bgcolor=headerBg)
        table.cell(panel, 3, row, "", bgcolor=headerBg)
        row += 1

        color margClr = nz(margin) > 10 ? greenColor : nz(margin) > 0 ? yellowColor : redColor
        table.cell(panel, 0, row, "Margin", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 1, row, na(margin) ? "N/A" : str.tostring(margin, "#.#") + "%", text_color=margClr, text_size=txtSize)
        color deClr = nz(debtEquity) < 0.5 ? greenColor : nz(debtEquity) < 1.0 ? yellowColor : redColor
        table.cell(panel, 2, row, "D/E", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 3, row, na(debtEquity) ? "N/A" : str.tostring(debtEquity, "#.##"), text_color=deClr, text_size=txtSize)
        row += 1

        table.cell(panel, 0, row, "Rev Ann", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 1, row, na(revenueAnnual) ? "N/A" : "$" + str.tostring(revenueAnnual / 1e9, "#.##") + "B", text_color=valueColor, text_size=txtSize)
        table.cell(panel, 2, row, "Net Inc", text_color=labelColor, text_size=txtSize)
        table.cell(panel, 3, row, na(netIncome) ? "N/A" : "$" + str.tostring(netIncome / 1e6, "#.#") + "M", text_color=nz(netIncome) > 0 ? greenColor : redColor, text_size=txtSize)
        row += 1

    // === CANSLIM CHECKLIST ===
    table.cell(panel, 0, row, "── CANSLIM ──", text_color=blueColor, text_size=txtSize, bgcolor=headerBg)
    table.cell(panel, 1, row, "", bgcolor=headerBg)
    table.cell(panel, 2, row, "", bgcolor=headerBg)
    table.cell(panel, 3, row, "", bgcolor=headerBg)
    row += 1

    bool cPass = not na(epsQChg) and epsQChg >= 25
    bool aPass = not na(epsGrowthAnn) and epsGrowthAnn >= 25
    bool nPass = offHigh52 >= -10
    bool sPass = nz(udRatio) >= 1.0
    bool lPass = rsRating >= 80
    bool iPass = compositeRating >= 70

    table.cell(panel, 0, row, "C Qtr EPS", text_color=labelColor, text_size=txtSize)
    table.cell(panel, 1, row, cPass ? "✓" : "✗", text_color=cPass ? greenColor : redColor, text_size=txtSize)
    table.cell(panel, 2, row, "A Ann EPS", text_color=labelColor, text_size=txtSize)
    table.cell(panel, 3, row, aPass ? "✓" : "✗", text_color=aPass ? greenColor : redColor, text_size=txtSize)
    row += 1

    table.cell(panel, 0, row, "N New Hi", text_color=labelColor, text_size=txtSize)
    table.cell(panel, 1, row, nPass ? "✓" : "✗", text_color=nPass ? greenColor : redColor, text_size=txtSize)
    table.cell(panel, 2, row, "S Demand", text_color=labelColor, text_size=txtSize)
    table.cell(panel, 3, row, sPass ? "✓" : "✗", text_color=sPass ? greenColor : redColor, text_size=txtSize)
    row += 1

    table.cell(panel, 0, row, "L Leader", text_color=labelColor, text_size=txtSize)
    table.cell(panel, 1, row, lPass ? "✓" : "✗", text_color=lPass ? greenColor : redColor, text_size=txtSize)
    table.cell(panel, 2, row, "I Quality", text_color=labelColor, text_size=txtSize)
    table.cell(panel, 3, row, iPass ? "✓" : "✗", text_color=iPass ? greenColor : redColor, text_size=txtSize)
    row += 1

    int score = (cPass ? 1 : 0) + (aPass ? 1 : 0) + (nPass ? 1 : 0) + (sPass ? 1 : 0) + (lPass ? 1 : 0) + (iPass ? 1 : 0)
    color scoreClr = score >= 5 ? greenColor : score >= 3 ? yellowColor : redColor
    string scoreLabel = score >= 5 ? "BUY ZONE" : score >= 3 ? "WATCH" : "AVOID"
    table.cell(panel, 0, row, "SCORE", text_color=blueColor, text_size=txtSize, bgcolor=headerBg)
    table.cell(panel, 1, row, str.tostring(score) + "/6", text_color=scoreClr, text_size=size.small, bgcolor=headerBg)
    table.cell(panel, 2, row, scoreLabel, text_color=scoreClr, text_size=txtSize, bgcolor=headerBg)
    table.cell(panel, 3, row, "", bgcolor=headerBg)

// === EPS MARKERS ON CHART ===
if showEPSmarkers and not na(epsActual)
    string epsLbl = "EPS\n$" + str.tostring(epsActual, "#.##")
    label.new(bar_index, low * 0.98, epsLbl,
         color=greenColor, textcolor=color.white,
         style=label.style_label_up, size=size.tiny)

Overview

MarketMerge calculates composite ratings based on multi-timeframe relative strength against a benchmark symbol, quarterly earnings growth, and volume trends, while displaying an automated six-point buy checklist. Users can toggle display panels, moving average lines (21 EMA, 50, 150, and 200 DMA), a benchmark comparison overlay, and relative strength lines directly on the main price chart.

Details

Published by

mgnyc11 on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Category

Screeners & dashboards, Moving averages, Trend

Markets

Stocks

Timeframes

M15-H1, H4 and above

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

File

marketmerge_v1.0.pine

Repository

github.com/mgnyc11/marketmerge. See its other scripts in the library

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Show Ratings PanelbooltrueshowRatings
Show EPS TablebooltrueshowEPS
Show FinancialsbooltrueshowFinancials
Text SizestringtinypanelSize
RS BenchmarksymbolSPYrsBenchmark
Show RS Line on ChartbooltrueshowRSline
Show S&P 500 OverlaybooltrueshowSPYoverlay
Show 21 EMAboolfalseshowMA21
Show 50 DMAbooltrueshowMA50
Show 150 DMAboolfalseshowMA150
Show 200 DMAbooltrueshowMA200
Show EPS Markers on ChartbooltrueshowEPSmarkers
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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