PROTECTED SOURCE SCRIPT
Telah dikemas kini TG-Industry Performance
***** THE CHART MUST BE ON DAY TIMEFRAME TO WORK CORRECTLY ******
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This Pine Script V6 indicator, is a high-performance dashboard designed to rotate between market regimes and identify "coiling" industries ready for a breakout. It uses a multi-dimensional approach by analyzing not just price, but the velocity and acceleration of RSI.
### Core Features
Adaptive Market Modes: Switch between Broad Risk-On, AI & Future Tech, and Risk-Off Defensive to track the tickers most relevant to the current macro environment.
Physics-Based Momentum: Beyond standard RSI, it calculates:
Velocity (Vel): The speed of RSI change (1st derivative).
Acceleration (Accel): The rate of change in velocity (2nd derivative).
Dynamic Sorting: Automatically ranks industries by performance across up to 6 user-defined lookback periods (e.g., 5D, 1W, 1M).
### How to Read the Dashboard
The table provides a "Heat Map" of industry health using a 4-zone logic:
1. Momentum & RSI Status
Orange Text: Overbought or Extreme Momentum (RSI≥61, Vel≥3). High strength, but watch for exhaustion.
Green Text: Bullish Trend / Positive Momentum (RSI≥52, Vel≥1). Confirmed strength.
Red Text: Oversold or Negative Momentum (RSI≤30, Vel≤−1). Signifies weakness or a potential bottom play.
2. Breakout Detection (The "Squeeze" Logic)
The indicator tracks Compression across the first three lookback periods.
Yellow Industry Name (Consolidation): Occurs when price volatility is narrowing AND RSI energy is decaying. The industry is "coiling."
Orange/Gold Industry Name (Breaking Out): Occurs when an industry is coiling, but Acceleration suddenly turns positive. This is the "Pop" signal.
### Key Inputs
Indicator Mode: Choose your "basket" of stocks (AI, Defensive, or Broad Market).
Loopback Count: Customize how many time-frames (columns) appear in the table.
Data Thresholds: Fine-tune what you consider "Overbought" or "Bullish" to match your trading style.
Sort Order: Keep the strongest industries at the top to quickly identify where the "Generals" are leading the market.
### Use Cases
Day/Swing Trading: Identify which sectors have the highest relative strength for long entries.
Risk Management: Quickly see if "Risk-Off" sectors (Utilities, Staples) are starting to outpace "Risk-On" sectors (Semis, AI).
Scanning for Volatility: Look for the Yellow/Gold labels to find industries that have been quiet and are now beginning to move.
_______________________________________________________________
This Pine Script V6 indicator, is a high-performance dashboard designed to rotate between market regimes and identify "coiling" industries ready for a breakout. It uses a multi-dimensional approach by analyzing not just price, but the velocity and acceleration of RSI.
### Core Features
Adaptive Market Modes: Switch between Broad Risk-On, AI & Future Tech, and Risk-Off Defensive to track the tickers most relevant to the current macro environment.
Physics-Based Momentum: Beyond standard RSI, it calculates:
Velocity (Vel): The speed of RSI change (1st derivative).
Acceleration (Accel): The rate of change in velocity (2nd derivative).
Dynamic Sorting: Automatically ranks industries by performance across up to 6 user-defined lookback periods (e.g., 5D, 1W, 1M).
### How to Read the Dashboard
The table provides a "Heat Map" of industry health using a 4-zone logic:
1. Momentum & RSI Status
Orange Text: Overbought or Extreme Momentum (RSI≥61, Vel≥3). High strength, but watch for exhaustion.
Green Text: Bullish Trend / Positive Momentum (RSI≥52, Vel≥1). Confirmed strength.
Red Text: Oversold or Negative Momentum (RSI≤30, Vel≤−1). Signifies weakness or a potential bottom play.
2. Breakout Detection (The "Squeeze" Logic)
The indicator tracks Compression across the first three lookback periods.
Yellow Industry Name (Consolidation): Occurs when price volatility is narrowing AND RSI energy is decaying. The industry is "coiling."
Orange/Gold Industry Name (Breaking Out): Occurs when an industry is coiling, but Acceleration suddenly turns positive. This is the "Pop" signal.
### Key Inputs
Indicator Mode: Choose your "basket" of stocks (AI, Defensive, or Broad Market).
Loopback Count: Customize how many time-frames (columns) appear in the table.
Data Thresholds: Fine-tune what you consider "Overbought" or "Bullish" to match your trading style.
Sort Order: Keep the strongest industries at the top to quickly identify where the "Generals" are leading the market.
### Use Cases
Day/Swing Trading: Identify which sectors have the highest relative strength for long entries.
Risk Management: Quickly see if "Risk-Off" sectors (Utilities, Staples) are starting to outpace "Risk-On" sectors (Semis, AI).
Scanning for Volatility: Look for the Yellow/Gold labels to find industries that have been quiet and are now beginning to move.
Nota Keluaran
***** CHART MUST BE ON DAY TIMEFRAME *****-------------------------------------------------------
This Pine Script V6 indicator, is a high-performance dashboard designed to rotate between market regimes and identify "coiling" industries ready for a breakout. It uses a multi-dimensional approach by analyzing not just price, but the velocity and acceleration of RSI.
### Core Features
Adaptive Market Modes: Switch between Broad Risk-On, AI & Future Tech, and Risk-Off Defensive to track the tickers most relevant to the current macro environment.
Physics-Based Momentum: Beyond standard RSI, it calculates:
Velocity (Vel): The speed of RSI change (1st derivative).
Acceleration (Accel): The rate of change in velocity (2nd derivative).
Dynamic Sorting: Automatically ranks industries by performance across up to 6 user-defined lookback periods (e.g., 5D, 1W, 1M).
### How to Read the Dashboard
The table provides a "Heat Map" of industry health using a 4-zone logic:
1. Momentum & RSI Status
Orange Text: Overbought or Extreme Momentum (RSI≥61, Vel≥3). High strength, but watch for exhaustion.
Green Text: Bullish Trend / Positive Momentum (RSI≥52, Vel≥1). Confirmed strength.
Red Text: Oversold or Negative Momentum (RSI≤30, Vel≤−1). Signifies weakness or a potential bottom play.
2. Breakout Detection (The "Squeeze" Logic)
The indicator tracks Compression across the first three lookback periods.
Yellow Industry Name (Consolidation): Occurs when price volatility is narrowing AND RSI energy is decaying. The industry is "coiling."
Orange/Gold Industry Name (Breaking Out): Occurs when an industry is coiling, but Acceleration suddenly turns positive. This is the "Pop" signal.
### Key Inputs
Indicator Mode: Choose your "basket" of stocks (AI, Defensive, or Broad Market).
Loopback Count: Customize how many time-frames (columns) appear in the table.
Data Thresholds: Fine-tune what you consider "Overbought" or "Bullish" to match your trading style.
Sort Order: Keep the strongest industries at the top to quickly identify where the "Generals" are leading the market.
### Use Cases
Day/Swing Trading: Identify which sectors have the highest relative strength for long entries.
Risk Management: Quickly see if "Risk-Off" sectors (Utilities, Staples) are starting to outpace "Risk-On" sectors (Semis, AI).
Scanning for Volatility: Look for the Yellow/Gold labels to find industries that have been quiet and are now beginning to move.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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.