Fear & Greed Index Viprasol Elite

🎯 VIPRASOL ELITE FEAR & GREED INDEX

A comprehensive market sentiment indicator that combines 7 key components to provide a real-time Fear & Greed reading from 0-100.

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📊 SEVEN CORE COMPONENTS:

1. S&P 500 Moving Average - Measures price momentum relative to moving average
2. Price Strength - 52-week high/low positioning across NYSE stocks
3. Market Breadth - McClellan Summation Index tracking advancing vs declining stocks
4. Put/Call Ratio - Options market sentiment indicator
5. VIX Volatility - Fear gauge deviation from average
6. Safe Haven Demand - Relative demand for stocks vs bonds
7. Junk Bond Demand - Risk appetite through high-yield bond spreads

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🎨 KEY FEATURES:

✅ Visual Semicircular Gauge - Color-coded from red (fear) to green (greed)
✅ 5 Color Themes - Viprasol Cyber, Classic, Ocean, Fire, Monochrome
✅ Custom Component Weights - Adjust importance of each indicator
✅ Adjustable Calculation Periods - Fine-tune all timeframes
✅ Alert System - Notifications for extreme fear/greed levels
✅ Real-time Arrow Pointer - Shows current market sentiment

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📈 HOW TO USE:

EXTREME FEAR (0-25): Potential buying opportunity, market oversold
FEAR (25-45): Cautious sentiment, possible reversal zone
NEUTRAL (45-55): Balanced market conditions
GREED (55-75): Optimistic sentiment, monitor for pullbacks
EXTREME GREED (75-100): Potential selling opportunity, market overbought

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⚙️ CUSTOMIZATION OPTIONS:

📊 Calculation Engine: Adjust periods for all 7 components
🎨 Visual Settings: Toggle labels, gauge zones, and arrow display
🌈 Color Schemes: Choose from 5 professional themes
💎 Weight System: Customize component importance (Advanced)
🔔 Alert Levels: Set custom thresholds for notifications

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⚠️ DISCLAIMER:

This indicator is for educational and informational purposes only. It should not be considered financial advice. Always conduct your own research and consult with a financial advisor before making investment decisions. Past performance does not guarantee future results.

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📌 BEST USED WITH:

- Stock indices (S&P 500, Nasdaq, Dow Jones)
- Major ETFs (SPY, QQQ, IWM)
- Daily or higher timeframes
- Trend analysis and market timing strategies

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💡 PRO TIPS:

- Use extreme readings as contrarian signals
- Combine with price action and volume analysis
- Monitor for divergences between price and sentiment
- Adjust weights based on your trading style
- Set ale