Second version of Market Breadth EMAs for $SPY. Getting a little more complicated than V1 but removed noise. Key: Green line = % of stocks above their 20-period moving average, the "twitch line" Red line = % of stocks above their 200-period moving average, the "long term trend" White line = weighted average of the % of stocks above the 20/50/100/200...
What this indicator does: This indicator will be scanning for ranges of extremity. It measures multiple underlying factors in the financial markets like measuring levels of strength using RSI, momentum using Stochastics and extreme ranges using Bollinger Bands. What is "extreme range" criteria: ranges above 70 or below 30 on RSI and Stoch are considered extreme,...
This is the combined market breadth tickers: S5TW, S5FI, S5OH, and S5TH representing the percentage of S&P 500 stocks above their 20, 50, 100, and 200 EMA respectively. The colors go from green (20) to red (200) because if 20 crosses above the 200, the market's bullish, and if the 20 crosses below the 200, the market is bearish. So if green is on top = bull...
Script for Macro: This indicator shows the 9 day average of the correlation of the 11 S&P500 sectors with the security. Recommend you use the indicator on SPX or SPY, but you can change the values to be compared. GLHF - DPT
NASDAQ:AAPL This indicator shows the most usefull informations about the current symbol and the two common indexes (SPY and QQQ) in a table, in the upper right corner of the graph. The informations are: Symbol Float Daily average volume Average True Range Pre-market volume Pre-market change % Indexes SPY ATRP SPY trend (this value indicates...
This script aims to identify optimal times when to write Puts for premium, for example using the SPX Weeklies model or simply buying Calls. Not perfect but provides some additional confidence when playing Puts on SPX or the Wheel on SPY. What it does: We compare current VIX with a lookback VIX for X% delta. If there is a jump of say 20% over a defined period then...
I have developed this custom indicator very loosely based on the Sector Rotation Model (Giorgos E. Siligardos. Technical Analysis of Stocks & Commodities, August 2012) and I called it the MRI because this is essentially a brain scan of any particular stock. This will not only tell you when a stock is breaking out over the market at large but also how the stock is...
This script uses the close of the VIX on a daily resolution to provide the 'implied move' for the E-mini SP500 futures. While it can be applied to any equity index, it's crucial to know that the VIX is calculated using SPX options, and may not reflect the implied volatility of other indices. The user can adjust the length of the moving average used to calculate...
This strategy based on existng indicator available on TV If finds the reversals for LONG entries ... I have modified the settings to back test it ... BUY ==== When the price touches lower band , and tries to close above lower band some signals are mixed up, you can research and look for a confirmation ... if the middle band is above EMA50 , you can...
This script tracks the U.S. 2Yr/10Yr Spread and uses inversions of the curve to predict recessions. Whenever a red arrow appear on the yield curve, expect a recession to begin within the next 2 years. Use this signal to either exit the market, or hedge current positions. Whenever a green arrow appears on the yield curve, expect a recession to have nearly ended....
This script highlights when price violates the highest high or lowest low within the user's selected lookback period, with the caveat that it occurs during the GLOBEX session. The script is designed to work exclusively with the trading hours for CME and CBOT Equity Index futures. I'm planning to make a more customizable version down the line. My reasoning...
This script allows users to visualize the state of the VIX Futures Term Structure. The user is able to select from five CBOE VIX Indices; VIX, VIX9D, VIX3M, VIX6M, and VIX1Y and the script will color the candles based on the price relationship between selected indices. Visit the CBOE website for more info on how the various VIX indices are calculated.
The advance/decline line (A/D) is a breadth indicator used to show how many stocks are participating in a stock market rally or decline. When major indexes are rallying, a rising A/D line confirms the uptrend showing strong participation. If major indexes are rallying and the A/D line is falling, it shows that fewer stocks are participating in the rally...
This indicator is free to all Oasis Trading Group members. The Value Moving Average is very simple, it takes 3 moving average values and gives you an average of them. It is designed to be used with 1 short term, 1 mid term, and 1 long term value. When given the right values it can act as a very strong signal of trend and help find when price is retracing to...
This script is designed to located darkpool prints on SPY. If you do not know what a darkpool is, please research into it. Essentially, darkpools print at 8 am EST premarket almost everyday. When price hits these pockets, it is usually quite reactive to it since there are a large number of orders in that pocket. When the script finds a darkpool print, it will...
SAD - ATR with a utility tune-up. Similar to ATR, SAD finds the true range of an asset. Unlike ATR, which is a rolling indicator, SAD is session based, simliar to VWAP. This gives it a great advantage over a regular ATR, where one must determine if their ATR level is statistically significant or not. SAD makes it easy for you to analyze statistical anomalies...
This strategy is based on VFI indicator published by UTS. for the strategy purpose , I have added buy line and sell line to the indicator and tested SPY stock/index on one hour chart BUY RULE ========== 1. EMA 50 is above EMA 200 2. vfi line is pulled down and crossing above -4 EXIT RULE ========== 1. when vfi line crossing down 5 STOP...
THIS SCRIPT HAS BEEN BUILT TO BE USED AS A S&P500 SPY CRASH INDICATOR ON A DAILY TIME FRAME (should not be used as a strategy). THIS SCRIPT HAS BEEN BUILT AS A STRATEGY FOR VISUALIZATION PURPOSES ONLY AND HAS NOT BEEN OPTIMIZED FOR PROFIT. The script has been built to show as a lower indicator and also gives visual SELL signal on top when conditions are met....