AlphaRadar - Market

📊 ALPHARADAR - MARKET MONITOR

⚠️ IMPORTANT
🔴 This indicator MUST be used ONLY on DAILY (1D) timeframe. It will not work correctly on other timeframes.

Overview:
Real-time market and sector performance dashboard displaying major US indices and all 11 sector ETFs in a single, organized panel. Track market rotation and sector strength at a glance.

Features:
- Market Indices (4): SPY (S&P 500), QQQ (Nasdaq), IWM (Russell 2000), DIA (Dow Jones)
- Sector ETFs (11): Complete coverage of all US market sectors
- Performance Tracking: Day, 5D, 1M, 6M, and YTD returns
- Color-Coded: 🟢 Green (positive) / 🔴 Red (negative) for instant visual analysis

What You Can Track:
✅ Market breadth (all indices moving together vs divergence)
✅ Sector rotation (which sectors are leading/lagging)
✅ Risk-on vs Risk-off sentiment
✅ Short-term momentum (Day, 5D)
✅ Medium-term trends (1M, 6M)
✅ Year-to-date performance leaders

Market Sectors Included:
- XLC (Communication)
- XLY (Consumer Discretionary)
- XLP (Consumer Staples)
- XLE (Energy)
- XLF (Financials)
- XLV (Healthcare)
- XLI (Industrials)
- XLB (Materials)
- XLRE (Real Estate)
- XLK (Technology)
- XLU (Utilities)

How to Use:
🔍 Spot Market Rotation: Identify which sectors are outperforming
📈 Confirm Trends: All green = strong market, all red = market weakness
⚡ Find Opportunities: Rotate into leading sectors, avoid lagging ones
🎯 Risk Management: Divergence between indices = potential warning signal

Best For:
- Sector rotation strategies
- Market breadth analysis
- Swing trading
- Portfolio allocation decisions
- Daily market monitoring

Notes:
- Data updates in real-time during market hours
- All calculations based on daily closing prices
- Works with any chart symbol
- Free to use

🔔 Remember: Use DAILY (1D) charts only!