Insider Trades On Chart

A custom indicator created by TrendSpider Team on TrendSpider. You can import this custom indicator into your TrendSpider account. Don't have TrendSpider? Create an account first, then import the custom indicator.

This indicator will plot bubbles on the chart to highlight when there have been insider trades in the name being displayed. It will only work on US equities where insider trades are reported. Please note, the data on this indicator is subject to SEC reporting delay. Additionally, you can utilize 'buy' or 'sell' in visual scripting to either backtest, scan, set alerts, or use in smart checklist. For example, this indicator enables you to easily scan for recent congress buys.

Source code

This indicator had been implemented by TrendSpider Team in JavaScript on TrendSpider. Check out the developer documentation to learn more about JS on TrendSpider.

describe_indicator('Insider Trades On Chart');

// Call the function for the current ticker
await plotInsiderActions(constants.ticker);

// Function to plot insider actions and register signals
async function plotInsiderActions(ticker) {
    const trades = await request.insider_trading(ticker);
    
    const buys = trades.transactions.filter(item => item.transaction == 'buy');
    const sells = trades.transactions.filter(item => item.transaction == 'sell');
    const gifts = trades.transactions.filter(item => item.transaction == 'gift' || item.transaction == 'award');

    const buysLanded = land_points_onto_series(
        buys.map(item => item.timestamp),
        buys.map(() => ticker == constants.ticker ? 'buy' : `${ticker} buy`),
        time, 'ge'
    );

    const sellsLanded = land_points_onto_series(
        sells.map(item => item.timestamp),
        sells.map(() => ticker == constants.ticker ? 'sell' : `${ticker} sell`),
        time, 'ge'
    );

    const giftsLanded = land_points_onto_series(
        gifts.map(item => item.timestamp),
        gifts.map(() => ticker == constants.ticker ? 'gift' : `${ticker} gift`),
        time, 'ge'
    );

    paint(sellsLanded, { style: 'labels_above', color: 'red', backgroundBorderRadius: 4, backgroundColor: 'red' });
    paint(buysLanded, { style: 'labels_below', color: 'green', backgroundBorderRadius: 4, backgroundColor: 'green' });
    paint(giftsLanded, { style: 'labels_below', color: 'blue', backgroundBorderRadius: 4, backgroundColor: 'blue' });

    // Register signals for visual scripting
    const buySignals = buysLanded.map(label => label !== null);
    const sellSignals = sellsLanded.map(label => label !== null);
    const giftSignals = giftsLanded.map(label => label !== null);

    register_signal(buySignals, 'Buy Signal');
    register_signal(sellSignals, 'Sell Signal');
    register_signal(giftSignals, 'Gift Signal');
}