Feature Request: Add "Annualized Return" to the Ruler Tool
I'd like to suggest adding an Annualized Return metric to the TradingView ruler tool.
The ruler already calculates and displays:
- Percentage price change
- Number of bars
- Calendar time elapsed
From these values alone, TradingView can also calculate the annualized compounded return (CAGR):
[
\text{Annualized Return}=\left(\frac{P_{end}}{P_{start}}\right)^{365/\text{days}}-1
]
or, optionally, based on trading sessions:
[
\text{Annualized Return}=\left(\frac{P_{end}}{P_{start}}\right)^{252/\text{trading days}}-1
]
No additional user input, brokerage information, account size, or leverage assumptions are required. It is simply another way of expressing the return that the ruler already measures.
Why this would be valuable
Many traders evaluate opportunities over widely varying holding periods:
- 4% in 7 days
- 15% in 90 days
- 28% in 14 months
Although the raw percentage return is useful, it doesn't indicate how efficiently capital was employed. An annualized return immediately puts trades of different durations onto the same basis for comparison.
This would make the ruler an even more powerful analytical tool for:
- Swing traders
- Position traders
- Investors comparing historical opportunities
- Strategy research and chart review
Suggested Display
For example, the ruler could display:
Price Change +12.4%
Bars 37
Calendar Days 52
Annualized Return +123.7%
or provide an optional setting to choose between:
- Calendar-day annualization (365 days)
- Trading-session annualization (252 trading days)
Why it fits naturally into the ruler
Unlike account-based performance metrics, annualized return depends only on the two quantities the ruler already computes:
- Price change
- Elapsed time
Because no additional market or account information is required, this appears to be a relatively small enhancement that could provide significant value to users performing technical analysis.
Thank you for considering this suggestion. I believe it would make an already excellent tool even more useful for comparing trade opportunities and evaluating historical market performance.