PROTECTED SOURCE SCRIPT
AlphaRadar - Market
📊 ALPHARADAR - MARKET MONITOR
⚠️ IMPORTANT
🔴 This indicator MUST be used ONLY on DAILY (1D) timeframe. It will not work correctly on other timeframes.
Overview:
Real-time market and sector performance dashboard displaying major US indices and all 11 sector ETFs in a single, organized panel. Track market rotation and sector strength at a glance.
Features:
- Market Indices (4): SPY (S&P 500), QQQ (Nasdaq), IWM (Russell 2000), DIA (Dow Jones)
- Sector ETFs (11): Complete coverage of all US market sectors
- Performance Tracking: Day, 5D, 1M, 6M, and YTD returns
- Color-Coded: 🟢 Green (positive) / 🔴 Red (negative) for instant visual analysis
What You Can Track:
✅ Market breadth (all indices moving together vs divergence)
✅ Sector rotation (which sectors are leading/lagging)
✅ Risk-on vs Risk-off sentiment
✅ Short-term momentum (Day, 5D)
✅ Medium-term trends (1M, 6M)
✅ Year-to-date performance leaders
Market Sectors Included:
- XLC (Communication)
- XLY (Consumer Discretionary)
- XLP (Consumer Staples)
- XLE (Energy)
- XLF (Financials)
- XLV (Healthcare)
- XLI (Industrials)
- XLB (Materials)
- XLRE (Real Estate)
- XLK (Technology)
- XLU (Utilities)
How to Use:
🔍 Spot Market Rotation: Identify which sectors are outperforming
📈 Confirm Trends: All green = strong market, all red = market weakness
⚡ Find Opportunities: Rotate into leading sectors, avoid lagging ones
🎯 Risk Management: Divergence between indices = potential warning signal
Best For:
- Sector rotation strategies
- Market breadth analysis
- Swing trading
- Portfolio allocation decisions
- Daily market monitoring
Notes:
- Data updates in real-time during market hours
- All calculations based on daily closing prices
- Works with any chart symbol
- Free to use
🔔 Remember: Use DAILY (1D) charts only!
⚠️ IMPORTANT
🔴 This indicator MUST be used ONLY on DAILY (1D) timeframe. It will not work correctly on other timeframes.
Overview:
Real-time market and sector performance dashboard displaying major US indices and all 11 sector ETFs in a single, organized panel. Track market rotation and sector strength at a glance.
Features:
- Market Indices (4): SPY (S&P 500), QQQ (Nasdaq), IWM (Russell 2000), DIA (Dow Jones)
- Sector ETFs (11): Complete coverage of all US market sectors
- Performance Tracking: Day, 5D, 1M, 6M, and YTD returns
- Color-Coded: 🟢 Green (positive) / 🔴 Red (negative) for instant visual analysis
What You Can Track:
✅ Market breadth (all indices moving together vs divergence)
✅ Sector rotation (which sectors are leading/lagging)
✅ Risk-on vs Risk-off sentiment
✅ Short-term momentum (Day, 5D)
✅ Medium-term trends (1M, 6M)
✅ Year-to-date performance leaders
Market Sectors Included:
- XLC (Communication)
- XLY (Consumer Discretionary)
- XLP (Consumer Staples)
- XLE (Energy)
- XLF (Financials)
- XLV (Healthcare)
- XLI (Industrials)
- XLB (Materials)
- XLRE (Real Estate)
- XLK (Technology)
- XLU (Utilities)
How to Use:
🔍 Spot Market Rotation: Identify which sectors are outperforming
📈 Confirm Trends: All green = strong market, all red = market weakness
⚡ Find Opportunities: Rotate into leading sectors, avoid lagging ones
🎯 Risk Management: Divergence between indices = potential warning signal
Best For:
- Sector rotation strategies
- Market breadth analysis
- Swing trading
- Portfolio allocation decisions
- Daily market monitoring
Notes:
- Data updates in real-time during market hours
- All calculations based on daily closing prices
- Works with any chart symbol
- Free to use
🔔 Remember: Use DAILY (1D) charts only!
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.