DF: Horizontal Levels and Colors for NYSE TICK Chart
This is intended to be added very specifically to your NYSE TICK chart.
This script creates a custom indicator designed to enhance the visual analysis of market breadth through the NYSE TICK data. It features:
1. **Horizontal Levels**: - **1300 and -1300**: Gray lines indicating extreme bullish and bearish conditions. - **1000 and -1000**: Light red and green lines representing significant support and resistance zones. - **850 and -850**: Customizable blue lines that can be adjusted according to user preferences.
**Zero Line**: A solid white line marking the neutral point, drawn prominently for quick reference.
2. **Color Fills**: - Red fill between 1000 and 1300 to highlight extreme bullish sentiment. - Green fill between -1000 and -1300 to signify extreme bearish sentiment.
3. **Exponential Moving Average (EMA)**: - Calculated based on user-defined length (default set to 8). - The EMA line's color dynamically adjusts based on its slope: - White when trending upwards. - Magenta when trending downwards, providing quick visual cues of market momentum.
Overall, this script serves as a powerful tool for traders seeking to visualize market trends, support and resistance levels, and market breadth through the NYSE TICK data, enhancing their decision-making process in trading.
リリースノート
Fixed the INPUTS and STYLE...
no more duplicates, same final look, easier to get there
リリースノート
//ADDED opptional Heiken Ashi Alerts (above and below bar)... can helps show trending, will be slower than Traditional Candle