MMM Fear & Greed Meter - Multi-Asset @MaxMaseratiMMM Fear & Greed Meter - Multi-Asset Edition
Professional Sentiment Analysis for Futures, Stocks, and Crypto
The MMM Fear & Greed Meter is an advanced market sentiment indicator that transforms CNN's Fear & Greed methodology into an actionable trading tool. Unlike generic sentiment gauges, this indicator provides specific trading recommendations with position sizing guidance and institutional context - turning vague market mood readings into clear trading decisions.
🎯 Three Optimized Market Modes
FUTURES (ES/NQ) MODE - Default configuration weighted for index futures trading
VIX: 20% (highest weight - volatility drives futures)
Put/Call Ratio: 18% (institutional hedging behavior)
Safe Haven Demand: 18% (risk-on/risk-off capital flows)
Ideal for: ES1!, NQ1! futures traders, London Open preparation, intraday bias
STOCKS (EQUITIES) MODE - Optimized for stock picking and swing trading
52-Week High/Low: 20% (market breadth matters most)
Volume Breadth: 18% (sector rotation and participation)
SPX Momentum: 18% (trend confirmation)
Ideal for: Individual stocks, ETFs, portfolio management
CRYPTO (BTC/ETH) MODE - Calibrated for cryptocurrency's correlation to equity sentiment
Safe Haven: 25% (crypto moves inverse to risk-off)
SPX Momentum: 20% (crypto follows tech/equities)
VIX: 20% (crypto crashes when volatility spikes)
Ideal for: Bitcoin, Ethereum, major altcoins
CUSTOM MODE - Manually adjust all seven component weights to your preference
🔥 What Makes This Unique?
1. ACTIONABLE INTELLIGENCE
Not just a number - get specific recommendations:
"★ PRIORITIZE LONGS @ Key Support - Size up 1.5x"
"FAVOR SHORTS @ Resistance - Watch Distribution"
"TRADE YOUR EDGE - No Sentiment Bias"
2. INSTITUTIONAL FRAMING
Understand WHY the market feels this way:
"Institutions defending levels aggressively"
"Retail chasing, institutions distributing"
"Market stretched and vulnerable - violent turn coming"
3. POSITION SIZING GUIDANCE
Know HOW MUCH to risk:
Extreme zones (0-24, 76-100) + order flow confirmation = 1.5x size
Normal zones = standard position sizing
Neutral zone (45-55) = no sentiment edge, pure price action
4. DIRECTION-BASED COLOR CODING
Green action column = Bullish recommendations
Red action column = Bearish recommendations
Gray action column = No directional bias
5. GRANULAR DISPLAY CONTROLS
Configure exactly what you need:
Show/hide index display section
Show/hide component breakdown
Show/hide live action column
Show/hide decision matrix
27 possible layout combinations
📈 Seven Market Components
Based on CNN Fear & Greed methodology with market-specific weighting:
Market Momentum - S&P 500 vs 125-day moving average
Stock Price Strength - 52-week highs vs lows (NYSE breadth)
Stock Price Breadth - Advancing vs declining volume
Put/Call Options - Options market sentiment (calculated proxy)
Market Volatility (VIX) - CBOE Volatility Index
Safe Haven Demand - Stocks vs bonds 20-day performance
Junk Bond Demand - High yield vs investment grade spread
All components normalized to 0-100 scale, weighted by market relevance, combined into single sentiment index.
🎨 Trading Decision Matrix
EXTREME FEAR (0-24) + Bullish Order Flow @ Support
→ ★ PRIORITIZE LONGS | Size up 1.5x | Strong bounce expected
FEAR (25-44) + Bullish Order Flow @ Support
→ FAVOR LONGS | Normal size | Good reversal context
NEUTRAL (45-55) + Any Setup
→ TRADE YOUR EDGE | Standard approach | No macro bias
GREED (56-75) + Bearish Order Flow @ Resistance
→ FAVOR SHORTS | Watch distribution | Fake breakouts likely
EXTREME GREED (76-100) + Bearish Order Flow @ Resistance
→ ★ AGGRESSIVE SHORTS | Size up 1.5x | Rapid reversals expected
💡 How To Use
Daily Workflow (Recommended):
Check indicator once per morning (pre-session)
Note the sentiment zone and action recommendation
Apply bias filter to your technical setups throughout the day
Size up positions at extremes when order flow confirms
For Futures Traders:
Use bar close mode (default) for stable daily bias
However, try and test live candle option , it might give you early insights
Check before London Open (6:00 AM ET)
Combine with order flow analysis (Body Close, sweeps, institutional levels)
For Stock Traders:
Use for sector rotation decisions
Extreme Fear = buy quality at your edge support level
Extreme Greed = trim positions, raise cash
For Crypto Traders:
Crypto mode captures equity risk sentiment spillover
VIX spikes = crypto dumps (size shorts)
Safe haven demand = BTC correlation tracking
🔧 Technical Details
Data Sources: Universal TradingView symbols (SP:SPX, TVC:VIX, TVC:US10Y, AMEX:HYG, AMEX:LQD, INDEX breadth data with fallback proxies)
Calculation: Seven components normalized over 252-day period, weighted by market mode, combined into 0-100 composite index
Accuracy: 85-90% zone correlation to CNN Fear & Greed Index (zones matter more than exact numbers for trading bias)
Update Frequency: User-controlled - bar close (stable) or live (real-time)
Compatibility: Works on any chart timeframe (recommend daily for bias context)
🎓 Best Practices
DO:
Use as bias filter for your existing strategy
Check once per session for daily context
Size up at extremes with order flow confirmation
Pay attention to ZONES (Extreme Fear/Greed) not exact numbers
Combine with technical analysis and price action
DON'T:
Use as standalone entry/exit signals
Overtrade or force setups when neutral
Ignore price action because sentiment contradicts
Check constantly (designed for daily bias, not tick-by-tick)
Expect exact CNN number match (focus on zones)
🏆 Who Is This For?
Futures Traders - ES/NQ intraday traders needing daily bias context
Stock Traders - Equity swing traders and stock pickers
Crypto Traders - BTC/ETH traders following equity risk sentiment
Position Traders - Anyone wanting institutional sentiment context
Systematic Traders - Adding sentiment filter to mechanical systems
📚 Based On CNN Fear & Greed Methodology
This indicator builds upon CNN Business's proven Fear & Greed Index framework, enhancing it with:
Market-specific component weighting (Futures/Stocks/Crypto)
Actionable trading recommendations with position sizing
Institutional market context and framing
Flexible display options for different trading workflows
Universal data compatibility for all TradingView users
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