OPEN-SOURCE SCRIPT

ES/NQ/SPY/QQQ Sync

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⚡ Title: ES/NQ/SPY/QQQ Sync
🪶 Short Description: Tracks ES, NQ, SPY & QQQ alignment to reveal when the market moves as one.


⚡ ES/NQ/SPY/QQQ Sync

See when Wall Street’s biggest movers align.
This indicator shows when the S&P 500 (ES/SPY) and Nasdaq (NQ/QQQ) move together — revealing moments of true market consensus or divergence risk.

🧠 Concept

When multiple major indices agree, it often signals a strong, unified market trend.
This script measures percentage changes across four core market benchmarks and highlights when 3 or more are moving in the same direction — a visual pulse of market confidence or caution.

⚙️ Features

✅ Tracks ES1!, NQ1!, SPY, and QQQ in real time
✅ Highlights new bullish and bearish sync events with background shading
✅ Clean info table showing % change, direction, and current sync status
✅ Adjustable lookback, minimum move, and sync threshold
✅ Optional triangle markers and alert conditions

💡 How to Use

Use this tool to gauge broad market alignment and filter false breakouts.
When all four sync bullish → momentum often strengthens.
When they diverge → volatility or indecision can increase.
Combine it with your strategy or trend tools for powerful confirmation.

📊 Example Insights

All four bullish → market-wide momentum

All four bearish → broad risk-off sentiment

Mixed signals → rotation or chop likely

⚠️ Disclaimer:
This script is for educational and analytical purposes only.
It does not provide financial advice or guaranteed trading results.

Penafian

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