Extreme Fundamental Prices

Extreme Fundamental Prices is developed for Stock Markets to see the optimum, estimated and extreme estimated prices of any stocks on any markets. It works globally. Every country has different inflation, interest and deposit interest rates. The indicator consider these difference and it adopts itself automatically for chosen stock. Only the "Deposit Interest Rate" is manual because tradingview does not support this value for every country or value is wrong. If you know the deposit interest rate of your country enter the value manually. This is priority. Otherwise switch to "Interest Rate" on the menu. However the Optimum P/E line is not developed to work perfectly with this option. The Extreme Fundamental Prices indicator consists three lines which are,

-Optimum P/E
-Estimated 1Y Price
-Extreme Estimated 1Y Price

Optimum P/E line consists the financial data of chosen stock and economic data of country; which are financials of the stocks, inflation rate, deposit interest rate and interest rate(if "Interest Rate" option chosen).
Estimated 1Y Price line consists the financial data of chosen stock.
Extreme Estimated 1Y Price line consists the financial data of chosen stock.

This indicator does not tell you to buy or sell the stock. If stock price above these lines, the stock is fundamentally overpriced. If stock price below these lines, the stock is not fundamentally overpriced. Logically, price can tend to meet these lines.

For Instance, default value 33.00 is the current Deposit Interest Rate of Turkey. I am using this rate to look stocks on BIST. If you are looking on NASDAQ, just simply enter the deposit interest rate value of USA, looking for DAX enter the Euro Zone deposit interest rate.