PROTECTED SOURCE SCRIPT
Nasdaq main tickers strength gauge
A kind of bandwidth indicator for Nasdaq index.
A widget to get an overview to the current market.
Part 1: Strength index
How the indexing work:
For each ticker, we obtain an indexed value (base on the distance from central price value) which gauge the relative strength of each global index.
How to read the curve:
The value is based on the location from the band.
1 : price is reached its level 1 upper band.
-1 : price is reached its level 1 lower band.
Above zero, means the price is above mid-price of the day. It is probably receiving a positive capital inflow
Exceed the boundary(-1, 1): more likely there is a drift on that direction for that moment.
The calculation method is discussed on my last publication: https://www.tradingview.com/script/QN1mKsPL-Global-indices-strength-gauge-Indexed/
Part 2: All time high table
How to read the table (new update):
It is how far from the "All time high " Value
If the percentage is smaller than 1% (very close to break all time high), it will be shown in red.
If the percentage is smaller than 3% (close to break all time high), it will be shown in yellow.
Those highlighted tickers are considered as the leader stocks for the Nasdaq
A widget to get an overview to the current market.
Part 1: Strength index
How the indexing work:
For each ticker, we obtain an indexed value (base on the distance from central price value) which gauge the relative strength of each global index.
How to read the curve:
The value is based on the location from the band.
1 : price is reached its level 1 upper band.
-1 : price is reached its level 1 lower band.
Above zero, means the price is above mid-price of the day. It is probably receiving a positive capital inflow
Exceed the boundary(-1, 1): more likely there is a drift on that direction for that moment.
The calculation method is discussed on my last publication: https://www.tradingview.com/script/QN1mKsPL-Global-indices-strength-gauge-Indexed/
Part 2: All time high table
How to read the table (new update):
It is how far from the "All time high " Value
If the percentage is smaller than 1% (very close to break all time high), it will be shown in red.
If the percentage is smaller than 3% (close to break all time high), it will be shown in yellow.
Those highlighted tickers are considered as the leader stocks for the Nasdaq
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.