Guerilla Fear/Greed Index Strategy

ProShares UltraPro QQQNASDAQ

Description

⋅ Nov 25, 2020 12:54 AM

This strategy combines NAAIM Exposure Index and the Equity Put/Call Ratio into Fear/Greed Index that oscillates between 0 and 100.

It smooths all of these values and enters a trade when Fear reaches a certain threshold and exits when Greed reaches a certain threshold.

I don't really know if this is a great indicator or not, but the results on various indexes are pretty good, especially NASDAQ:TQQQ.

Was inspired by the knowledge gained following RolandoSantos.

Comments

Paige1996

⋅ Feb 22, 2022 6:21 PM

Indicator doesn’t work?

aftabmk

⋅ May 27, 2021 2:18 PM

I was searching for naaim for a while great to see you made it!
Just one small doubt security "Quandle:naaim" is not found in search on tradingview ,do you need paid version of trading view!!

cajole

⋅ Dec 22, 2022 4:27 PM

@aftabmk, I'm also confused by this

liuqiba

⋅ Aug 5, 2021 7:46 AM

No stop loss is very dangerous