Market Mode Risk Indicator

8시간 전

Market Mode Risk Indicator

This indicator analyzes market risk conditions based on Exponential Moving Average (EMA) crossovers of a selected index (BIST 100, NASDAQ Composite, or Dow Jones Industrial Average). It classifies the market into three modes:
- **RISK OFF**: Index is below MA50, indicating a bearish or cautious market.
- **RISK TEST**: Index is above MA21 and MA55 but below MA10, suggesting a transitional phase.
- **RISK ON**: Index is above MA10, MA21, MA50, and MA55, signaling a bullish market.

### Key Features:
- **Customizable Table**: Displays the market mode and optional EMA values (MA10, MA21, MA50, MA55) in a customizable table.
- **Flexible Settings**: Adjust table position (top/bottom, left/right), background color, border color, text color, and transparency.
- **Index Selection**: Choose from BIST:XU100, NASDAQ:IXIC, or DJ:DJI (note: some indices may require a paid TradingView account for full access).

### How to Use:
1. Apply the indicator to a chart.
2. Select your preferred index in the settings.
3. Customize the table appearance and toggle EMA values as needed.
4. Refresh the chart after changing settings for updates to take effect.

### Notes:
- Designed for indices; apply to a stock chart to analyze the selected index.
- Free accounts may have limited access to NASDAQ or Dow Jones data.
- Perfect for traders monitoring market sentiment based on EMA trends.

Feel free to provide feedback or suggest enhancements!

8시간 전

릴리즈 노트

fix bug

8시간 전

릴리즈 노트

Includes alert conditions for RISK ON/OFF/TEST transitions

8시간 전

릴리즈 노트

Version 1.1 Update - October 01, 2025

- **New Feature**: Added option to switch between EMA (Exponential Moving Average) and SMA (Simple Moving Average) in settings. Users can now choose their preferred MA type for risk mode calculations.
- **Improvement**: Enhanced table visibility with customizable colors and positions.
- **Alert Enhancement**: Alerts now support both EMA and SMA transitions for RISK ON, RISK OFF, and RISK TEST modes.
- **Note**: Refresh the chart after changing MA type for accurate results. Some indices may still be restricted in free accounts.

Thank you for using! Feedback is welcome!