OPEN-SOURCE SCRIPT

Indices trends

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According to the Dow theory, indices must confirm each other. Based on this idea, I develop an indices trends indicator, including SPY, DIA, and QQQ. The indices trends were calculated based on the average of the short- (blue) and intermediate-term (orange) changes of indices moving average slopes. In addition, IWM trends are shown as a reference in gray color.

Use this indicator together with one of SPY, DIA, QQQ, or IWM to show the overall market conditions.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.