OPEN-SOURCE SCRIPT
업데이트됨 Sector ETF macro trend

The Sector ETF Macro Trend indicator is designed for technical analysis of broad economic trends through sector-specific exchange-traded funds (ETFs). It uses logarithmic price transformation, linear regression, and volatility analysis to examine sector trends and stability, providing a technical basis for analytical assessment.
Core Analysis Techniques
Adaptability and Insight
Strategic Application
Without providing explicit trading signals, the indicator focuses on trend and volatility analysis for a strategic view on sector investments. It supports:
The Sector ETF Macro Trend indicator serves as a technical tool for analyzing sector-level market trends, offering detailed insights into the dynamics of economic sectors for thorough market analysis.
Core Analysis Techniques
- Logarithmic Transformation and Regression: Converts ETF closing prices logarithmically to reveal sector growth patterns and dynamics. Linear regression on these prices defines the main trend direction, essential for trend analysis.
- Volatility Bands for Market State Assessment: Applies standard deviation on logarithmic prices to create dynamic bands around the trendline, identifying overbought or oversold sector conditions by marking deviations from the central trend.
- Sector-Specific Analysis: Selection among different sector ETFs allows for precise examination of sectors like technology, healthcare, and financials, enabling focused insights into specific market segments.
Adaptability and Insight
- Customizable Parameters: Offers flexibility in modifying regression length and smoothing factors to accommodate various analysis strategies and risk preferences.
- Trend Direction and Momentum: Evaluates the ETF's trajectory against historical data and volatility bands to determine sector trend strength and direction, aiding in the prediction of market shifts.
Strategic Application
Without providing explicit trading signals, the indicator focuses on trend and volatility analysis for a strategic view on sector investments. It supports:
- Identifying macroeconomic trends through ETF performance analysis.
- Informing portfolio decisions with insights into sector momentum and stability.
- Forecasting market movements by analyzing overbought or oversold conditions against the ETF price movement and volatility bands.
The Sector ETF Macro Trend indicator serves as a technical tool for analyzing sector-level market trends, offering detailed insights into the dynamics of economic sectors for thorough market analysis.
릴리즈 노트
Improved script logic by optimizing number of request.security.Added normalization, so you can see the price deviation from the average line.
릴리즈 노트
Updated chart릴리즈 노트
Improved bands logic.Added coloring for overbought/oversold areas.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
Dmytro S.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
Dmytro S.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.