OPEN-SOURCE SCRIPT
Market sentiment
Indicator adds or substracts points for price closing above or below 5 9 21 50 100 and 200 MA ( blue line)
It also does the same thing for ,,market" which is SPX + QQQ + sector symbol chosen by user ( e.g. XLK) ( black line). You can configure if You get additional points for lower MA being above higher.
It also does the same thing for ,,market" which is SPX + QQQ + sector symbol chosen by user ( e.g. XLK) ( black line). You can configure if You get additional points for lower MA being above higher.
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.
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
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.
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.