TradingView
PtGambler
11 Mac 2022 pukul 14.03

High Low Index SPY Top 40 

SPDR S&P 500 ETF TRUSTArca

Huraian

Modification from original code for "High Low Index" by © LonesomeTheBlue https://www.tradingview.com/script/WDAaGDMJ-High-Low-Index/
- Made modification specifically for Top 40 AMEX:SPY holdings
- Added Market sentiment histogram (Total count green vs red), and SMA line for it
- Added arrows for peaks and dips on High Low Index and Market Sentiment MA

Idea behind this indicator is that SPY should follow the overall sentiment of its top holdings. I believe this bring great value to SPY traders.

Enjoy~!

Nota Keluaran

corrected an offset error on the blue line.

Nota Keluaran

fixed another offset error on the Record High Percent line

Nota Keluaran

I am such a noob~ can't get an offset right. This should fix the scaling error. Everything should be scaled from -40 to 40.

Nota Keluaran

updated SPY Top 40 list
old list is left in the code if anyone want to still use them.

Nota Keluaran

Updated with option for Top 10, 20, 30
Updated with option to remove exchange from ticker on table
Komen
Piphunter001
Best indicator to gauge direction for US index.
Post a description or video on how you will analyse this indicator so that if i miss anything I can add it in my analysis. Thanks.
Lebih