OPEN-SOURCE SCRIPT

UVOL Thrust Tracker

90
UVOL Thrust Tracker identifies institutional breadth thrusts using NYSE up-volume as a percentage of total volume (USI:UVOL / USI:TVOL), plotted directly on price.

The indicator highlights:

TRUE 90% UVOL thrusts (rare, high-conviction breadth events)

Surrogate thrust clusters (multi-day 80–89% participation)

Cluster failures (momentum that fails to expand)

Structural thrust failures (2022-style false starts)

A regime filter based on the chart symbol’s moving averages separates bull vs bear environments, dynamically adjusting thresholds and failure logic.

This tool is designed for regime confirmation and risk management, not short-term entries. TRUE thrusts typically confirm trend continuation, while failures warn when breadth support breaks down.

Note: This indicator is intended for regime and risk assessment, not precise entries or exits.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.