This indicator gives the user an easy way to check the conditions of the market.
Up market should be good for breakout traders.
Down market should be good for breakdown shortsellers
The others should be good for pullback buyers.
This script automaticlly check which index should be used for the depending on which ticker is view. If no match is found indicator will...
I was exploring a simple idea how I can visualize the ticker performance against the underlying Index (or any other ticker) performance.
how it works:
When the line is moving up (blue zone), the ticker is performing better than the underlying index (e.g. SPX)(configurable).
When the line is moving down (red zone), the ticker is performing worse than the...
This is an indicator that expresses the ratio of "stage1" and "stage4" of world index.
40 symbols are as follows
(JAPAN, US, EUROPE, and CANADA)
OSE:NK2251!, DJ:DJI, NASDAQ:IXIC, SP:SPX, XETR:DAX, TVC:CAC40, TVC:UKX, TSX:TSX
TVC:SHCOMP, SZSE:399001, TVC:HSI, TWSE:TAIEX, BSE:SENSEX, OANDA:SG30SGD, INDEX:KSI, SET:SET