OPEN-SOURCE SCRIPT

(ES, NQ) Trend Checker SB1

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(ES, NQ) Trend Checker SB1

Stay ahead of the market by tracking whether the E-mini S&P 500 (ES) and the Nasdaq 100 (NQ) are moving in sync.

📊 How it works:

The script checks whether each index is bullish (close > open) or bearish (close < open).

If both are aligned (all bullish or all bearish), conditions are stable.

If they diverge, the indicator instantly flags a mismatch in trend.

🎯 Features:

Background shading to highlight mismatched conditions.

Real-time alerts when ES and NQ fall out of sync.

Works on any timeframe.

🔥 Why it matters:
When ES and NQ move together, market momentum is usually stronger and cleaner.
But when they disagree, expect choppiness, fakeouts, or caution zones — the perfect heads-up before entering trades.

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