Index of indexxes

Hi, this is pretty straight forward. This is the DXY equivalent of NDX, SPX, RUT, DJ. It's a full index of the US market.

You can play with the weights, drag and drop, let's say SPX and see how SPX performs compared to the four major indexxes.

Release Notes

I made the script much more customizable.

Choose how many instruments your index should have, assign weights to them and you have your weighted index.

Weight of 0 means that this instrument will not have any influence on the overall index.

Uses:
- You might create a portfolio from different instruments and weights and check it's past performance (this mother of all indexxes will be your portfolio index)
- You might create an index from NDX, SPX, RUT, DJ and see how the whole US market performs. Then you can compare it to the NDX and see if it's outperforming, underperforming

Uses are limitless! Good luck mates

Release Notes

Renamed it :)

Release Notes

Chosen a nicer picture

Release Notes

again, picture update

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

matrex

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Open-source script

matrex