SPDR S&P 500 ETF Trust
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Baseline Plot Indicator

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Hello everyone!

Hope you are all having a great wrap up to your week!
In this video, I am going to show you a new indicator that I will be releasing today. It is called the Baseline Indicator. It is modelled after TradingView's baseline chart.

The indicator is capable of auto-calculating a real-time or previous period baseline using the high and low average, and auto-plotting an identical chart to Tradingview's baseline chart.

Here are some examples of plots:

SPY 1 Hour using Previous Week Average:
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SPY 1 Day using Previous Month Average:
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SPY 1 Hour using real time 2 Day average:
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I will be releasing the indicator with a description later today.
Hopefully you enjoy!

Safe trades everyone and take care!

Penafian

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.