OPEN-SOURCE SCRIPT
MM Sector Intraday Tracker

What this script does:
This script tracks the percent that price has moved from the opening print of each of the 9 sector ETFs. It color codes the values so you can see which sectors are down (red color) and which sectors are up (green color). If a sector is only up or down half of one ATR, it the color will be light, but if it is beyond half of one ATR, it is a darker color.
How this script works:
It simply measures the distance that price has moved from the opening print today, and presents that information in an easy to read table on your chart.
How to use this script:
If all sectors are moving in one direction, it indicates that the entire market is in a trend day in that direction. You can use this information to decide which direction you should be trading (ie. with trend). For example, in order for there to be healthy bullish moves in the market, you would want this indicator to show you that all sectors are green, or at least that some sectors are green, which would indicate that there is healthy rotation of capital across the market sectors.
What makes this script original:
Most indicators and even the TradingView watchlist measure the percent changed on the day from the closing price of a stock on the prior trading day, essentially telling you what sentiment is since yesterday. This script tells you the sentiment today since it is priced from the opening print.
This script tracks the percent that price has moved from the opening print of each of the 9 sector ETFs. It color codes the values so you can see which sectors are down (red color) and which sectors are up (green color). If a sector is only up or down half of one ATR, it the color will be light, but if it is beyond half of one ATR, it is a darker color.
How this script works:
It simply measures the distance that price has moved from the opening print today, and presents that information in an easy to read table on your chart.
How to use this script:
If all sectors are moving in one direction, it indicates that the entire market is in a trend day in that direction. You can use this information to decide which direction you should be trading (ie. with trend). For example, in order for there to be healthy bullish moves in the market, you would want this indicator to show you that all sectors are green, or at least that some sectors are green, which would indicate that there is healthy rotation of capital across the market sectors.
What makes this script original:
Most indicators and even the TradingView watchlist measure the percent changed on the day from the closing price of a stock on the prior trading day, essentially telling you what sentiment is since yesterday. This script tells you the sentiment today since it is priced from the opening print.
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.
I release TradingView indicators and libraries designed to make you a better trader. For detailed info about them, head over to improve.trading
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.
I release TradingView indicators and libraries designed to make you a better trader. For detailed info about them, head over to improve.trading
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.