OPEN-SOURCE SCRIPT
SPYIWMQQ TABLE
This script is a multi-asset market bias dashboard for Pine Script v6, designed to provide a real-time health check of the major US indices (SPY, QQQ, and IWM) alongside technical levels on your chart.
Core Functions
Multi-Index Dashboard: It creates a table (optimized for a smaller size) that tracks the status of SPY, QQQ, and IWM simultaneously.
Technical Alignment: It checks if each index is trading above or below its Fast, Mid, and Slow EMAs, as well as the VWAP.
Bias Scoring: It calculates a "Net Bias" score for each symbol by weighting different technical criteria (EMAs, VWAP, and key price levels like Previous Day High/Low) to determine if the market is "Strong Bullish," "Bearish," or "Neutral".
Automated Levels: The script automatically plots critical trading levels for the selected asset, including:
Opening Range (ORB) high and low.
Previous Day High (PDH) and Low (PDL) (supporting up to 5 days back).
Premarket High (PMH) and Low (PML) for the current day.
Key Features in this Version
Compact UI: The table uses size.small for text and cell scaling to ensure it doesn't clutter your workspace while still providing data for all three indices.
Adaptive Presets: It includes built-in profiles for Scalp, Trend, or Swing trading, which automatically adjust the EMA lengths and ORB timeframes to suit your style.
Sentiment Triangles: It plots visual signals (up/down triangles) on the chart when the market bias reaches a specific strength threshold.
Core Functions
Multi-Index Dashboard: It creates a table (optimized for a smaller size) that tracks the status of SPY, QQQ, and IWM simultaneously.
Technical Alignment: It checks if each index is trading above or below its Fast, Mid, and Slow EMAs, as well as the VWAP.
Bias Scoring: It calculates a "Net Bias" score for each symbol by weighting different technical criteria (EMAs, VWAP, and key price levels like Previous Day High/Low) to determine if the market is "Strong Bullish," "Bearish," or "Neutral".
Automated Levels: The script automatically plots critical trading levels for the selected asset, including:
Opening Range (ORB) high and low.
Previous Day High (PDH) and Low (PDL) (supporting up to 5 days back).
Premarket High (PMH) and Low (PML) for the current day.
Key Features in this Version
Compact UI: The table uses size.small for text and cell scaling to ensure it doesn't clutter your workspace while still providing data for all three indices.
Adaptive Presets: It includes built-in profiles for Scalp, Trend, or Swing trading, which automatically adjust the EMA lengths and ORB timeframes to suit your style.
Sentiment Triangles: It plots visual signals (up/down triangles) on the chart when the market bias reaches a specific strength threshold.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
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.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
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.