OPEN-SOURCE SCRIPT
QuantLabs The MTF Nasdaq 30 Scanner [Capital Flow and Pressure]
Trading the QQQ (Nasdaq) without knowing what the Generals (Apple, Nvidia, Microsoft) are doing is like driving at night with your headlights off. You might see the road right in front of you, but you'll miss the turn coming up.
The QuantLabs MTF Nasdaq 30 Scanner [Capital Flow and Pressure] is not just a trend indicator, it is a professional-grade Market Dashboard that visualizes the heartbeat of the entire Nasdaq 100.
Why You Need This
Standard indicators lag. They tell you what happened after the move. This Heatmap tracks the Real-Time Capital Flow of the Top 30 companies that actually move the index ($Trillions in Market Cap).
Key Features
1. The "Spectacular" Precision Heatmap
Organized by Market Cap Size (AAPL/NVDA first).
Instantly spot divergent behavior. Is the market rallying, or is it just Nvidia holding everything up? The Heatmap reveals the truth instantly.
Colors: Neon Cyan (Bullish) vs Hot Pink (Bearish).
2. Triple Spectrum Technology (3-in-1 Timeframes) Why look at one timeframe when you can see three? Every cell in the dashboard displays the trend distance for:
8h (Fast): For scalping entries.
16h (Mid): For swing trends.
24h (Slow): For the major "Big Picture" bias.
Values denote % distance from the Flux Ribbon.
3. The "Net Pressure" Gauge (The Speedometer) A predictive summary footer that calculates the Weighted Pressure of the entire market.
HEAVY (> 0.5%): Strong Trend / Breakout Mode.
MODERATE (0.2% - 0.5%): Healthy, sustained move.
FLAT: Chop / Noise. Stay out.
It also shows exactly how much Capital ($Trillions) is sitting Bullish vs Bearish.
How to Trade with It
Check the "Net Pressure": If it says MODERATE BULLISH, you are looking for Longs only.
Scan the Top Row: Are the "Big 5" (AAPL, NVDA, MSFT...) aligned with the pressure?
Wait for Alignment: If the 8h, 16h, and 24h metrics all turn Cyan, that is a "Quantum Lock"—a high probability breakout signal.
Simple. Powerful. Neon. Add it to your chart and stop guessing the direction.
Credits: Built with 💜 by David James @ QuantLabs
The QuantLabs MTF Nasdaq 30 Scanner [Capital Flow and Pressure] is not just a trend indicator, it is a professional-grade Market Dashboard that visualizes the heartbeat of the entire Nasdaq 100.
Why You Need This
Standard indicators lag. They tell you what happened after the move. This Heatmap tracks the Real-Time Capital Flow of the Top 30 companies that actually move the index ($Trillions in Market Cap).
Key Features
1. The "Spectacular" Precision Heatmap
Organized by Market Cap Size (AAPL/NVDA first).
Instantly spot divergent behavior. Is the market rallying, or is it just Nvidia holding everything up? The Heatmap reveals the truth instantly.
Colors: Neon Cyan (Bullish) vs Hot Pink (Bearish).
2. Triple Spectrum Technology (3-in-1 Timeframes) Why look at one timeframe when you can see three? Every cell in the dashboard displays the trend distance for:
8h (Fast): For scalping entries.
16h (Mid): For swing trends.
24h (Slow): For the major "Big Picture" bias.
Values denote % distance from the Flux Ribbon.
3. The "Net Pressure" Gauge (The Speedometer) A predictive summary footer that calculates the Weighted Pressure of the entire market.
HEAVY (> 0.5%): Strong Trend / Breakout Mode.
MODERATE (0.2% - 0.5%): Healthy, sustained move.
FLAT: Chop / Noise. Stay out.
It also shows exactly how much Capital ($Trillions) is sitting Bullish vs Bearish.
How to Trade with It
Check the "Net Pressure": If it says MODERATE BULLISH, you are looking for Longs only.
Scan the Top Row: Are the "Big 5" (AAPL, NVDA, MSFT...) aligned with the pressure?
Wait for Alignment: If the 8h, 16h, and 24h metrics all turn Cyan, that is a "Quantum Lock"—a high probability breakout signal.
Simple. Powerful. Neon. Add it to your chart and stop guessing the direction.
Credits: Built with 💜 by David James @ QuantLabs
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.