Циклический анализ
Price Action Dynamics Oscillator (PADO)1 minute ago
Price Action Dynamics Oscillator (PADO)
Indicator Overview and Technical Deep Dive
Concept and Philosophy
The Price Action Dynamics Oscillator (PADO) is a sophisticated technical analysis tool designed to provide multi-dimensional insights into market behavior by decomposing price action into manipulation and distribution metrics. The indicator goes beyond traditional momentum or trend indicators by introducing a nuanced approach to understanding market microstructure.
Key Architectural Components
1. Timeframe and Depth Selection
Pivot Depth Options:
Short Term (Length: 12 periods)
Intermediate Term (Length: 20 periods)
Long Term (Length: 100 periods)
This flexible configuration allows traders to adapt the indicator's sensitivity to different market conditions and trading styles.
2. Core Calculation Methodology
Manipulation Metrics
Calculates manipulation differently for green (bullish) and red (bearish) candles
Normalized against Average True Range (ATR) for consistent comparison across different volatility environments
Green Candle Manipulation: (Open - Low) / ATR
Red Candle Manipulation: (High - Open) / ATR
Distribution Metrics
Measures the directional strength and potential momentum shift
Green Candle Distribution: (Close - Open)
Red Candle Distribution: (Open - Close)
3. Normalization and Smoothing
Uses Simple Moving Average (SMA) for smoothing
Dynamic length calculation based on price range distance
Ensures minimum SMA length of 2 to prevent calculation errors
Unique Features
Visualization Toggles
Traders can selectively display:
Manipulation data
Distribution data
Long-term reference lines
Valuation metrics
Strategy signals
Valuation Comparative Analysis
Compares current manipulation and distribution metrics to 1000-bar long-term averages
Color-coded visualization for quick interpretation
Blue: Manipulation above average
Purple: Manipulation below average
Orange: Distribution above average
Yellow: Distribution below average
Strategy Deployment
Generates a composite strategy signal by comparing manipulation and distribution valuations
Uses Exponential Moving Average (EMA) for smoother signal generation
Incorporates volatility bands for context-aware signal interpretation
Quadrant Analysis
Classifies market state into four quadrants based on manipulation and distribution valuations:
Q1: Low Manipulation, High Distribution
Q2: High Manipulation, High Distribution
Q3: Low Manipulation, Low Distribution
Q4: High Manipulation, Low Distribution
Each quadrant is color-coded to provide visual market state representation.
Warning Signals
Manipulation Warning: When strategy crosses below low volatility band
Distribution Warning: When strategy crosses above high volatility band
Visual Indicators
Bar coloration based on strategy momentum
Multiple color states representing different market dynamics
Recommended Use Cases
Intraday and swing trading
Multi-timeframe market analysis
Volatility and momentum assessment
Trend reversal and continuation identification
Potential Limitations
Complexity might require significant trader education
Performance can vary across different market conditions
Requires careful parameter optimization
Recommended Settings
Best used on liquid markets with clear price action
Ideal for:
Forex
Futures
Large-cap stocks
Cryptocurrency pairs
Customization and Optimization
Traders should:
Backtest across multiple assets
Adjust timeframe settings
Calibrate visualization toggles
Use in conjunction with other technical indicators
Licensing
Mozilla Public License 2.0
Open-source and modification-friendly
Conclusion
The PADO represents an advanced approach to market analysis, blending traditional technical analysis with innovative metrics for deeper market understanding.
PADO Quadrant Color Analysis: Deep Dive
Quadrant Color Scheme Breakdown
Quadrant 1: Lime Green Background (RGB: 0, 255, 21, 90)
Condition: val_manip < 1 AND val_distr > 1
Market Interpretation:
Low Manipulation Pressure
High Distribution Activity
Potential Scenario:
Smart money might be gradually distributing positions
Trading Implications:
Caution for current trend followers
Potential preparation for trend change
Increased probability of consolidation or reversal
Quadrant 2: Bright Blue Background (RGB: 0, 191, 255, 90)
Condition: val_manip > 1 AND val_distr > 1
Market Interpretation:
High Manipulation Pressure
High Distribution Activity
Potential Scenario:
Strong institutional involvement
Potential market transition phase
Significant volume and momentum
Trading Implications:
High volatility expected
Increased market uncertainty
Potential for sharp price movements
Requires careful risk management
Quadrant 3: Light Gray Background (RGB: 252, 252, 252, 90)
Condition: val_manip < 1 AND val_distr < 1
Market Interpretation:
Low Manipulation Pressure
Low Distribution Activity
Potential Scenario:
Market consolidation
Reduced institutional activity
Potential low-volatility period
Trading Implications:
Range-bound market
Reduced trading opportunities
Potential setup for future breakout
Ideal for mean reversion strategies
Quadrant 4: Light Yellow Background (Hex: #f6ff0019)
Condition: val_manip > 1 AND val_distr < 1
Market Interpretation:
High Manipulation Pressure
Low Distribution Activity
Potential Scenario:
Accumulation of positions
Trading Implications:
Increased probability of directional move soon
Color Psychology and Technical Significance
Color Selection Rationale
Lime Green (Q1): Represents potential growth and transition
Bright Blue (Q2): Signifies high energy and institutional activity
Light Gray (Q3): Indicates neutrality and consolidation
Transparent Green (Q4): Suggests emerging trend potential
Advanced Interpretation Guidelines
Color Transition Analysis
Observe how the quadrant colors change
Rapid color shifts might indicate:
Market regime changes
Shifts in institutional sentiment
Potential trend acceleration or reversal
Technical Implementation Notes
Calculation Snippet
pinescriptCopyq1 = (val_manip < 1) and (val_distr > 1)
q2 = (val_manip > 1) and (val_distr > 1)
q3 = (val_manip < 1) and (val_distr < 1)
q4 = (val_manip > 1) and (val_distr < 1)
bgcolor(q1 ? color.rgb(0, 255, 21, 90):
q2 ? color.rgb(0, 191, 255, 90):
q3 ? color.rgb(252, 252, 252, 90):
q4 ? #f6ff0019:na)
Alpha Channel (Transparency)
90 and 0x19 values ensure background color doesn't overwhelm chart
Allows underlying price action to remain visible
Subtle visual cue without significant chart obstruction
Practical Trading Recommendations
Never Trade Solely on Quadrant Colors
Use as a complementary analysis tool
Combine with other technical and fundamental indicators
Timeframe Considerations
Validate quadrant signals across multiple timeframes
Longer timeframes provide more reliable signals
Risk Management
Set appropriate stop-loss levels
Use position sizing strategies
Be prepared for false signals
Recommended Workflow
Identify current quadrant
Assess overall market context
Confirm with other indicators
Execute with proper risk management
Potential Upcoming Trend ToolThis Script has the specific use of identifying when and how a new trend may start to take form, rather than focusing on how a trend has already formed on a longer term basis.
This Script is useful on it's own and not in conjunction with another. It works by taking on the most recent price data rather than a long term historical string.
It differs from standard trend following indicators because it's use is far less historical, and more present. It requires less pivot points than normal to be validated as a strong trend.
It works by taking local pivot points and fractals to form its parallel basis. The Trend lines will continually move as more recent price action data appears and the the channel will get thinner, until it is clear a trend has arrived and consolidated.
The idea really is to see a constantly evolving picture of a sudden change in movement, allowing you to have an earlier eye on what is potentially to come.
The faint mid-point line gives a reasonable reading of where you would find yourself halfway within a new trend and will also move inline with the shown trendlines.
This allows you to easily track when sentiment and therefore trends are about to change. It's much more useful on lower timeframes because they will often give the first indication something is changing.
Colours are fully customisable.
Вертикальная линия в 17:00 (МСК)Добавляет вертикальную линию в 17:00
Можно изменять цвет и длину линии
Я это сделал для удобства торговли на нефти и золоте, т.к. основные движения происходят на американской сессии (после 17:00 по Мск зимой, и после 16:00 - летом)
Trading Zones The "Trading Zones" indicator is a technical analysis tool designed to determine market trend using two moving averages with different periods (28 and 144 bars).
**Key Features:**
- Color-coded trend indication (green/red)
- Visualization of moving average crossovers
- Triangular markers at trend change points
- Flexible selection of moving average types and parameters
**Purpose:**
- Rapid trend direction identification
- Detecting potential trend reversal points
- Assisting in trading decision-making
The indicator helps traders visually assess market dynamics and identify potential moments of trend changes.
**Technical Highlights:**
- Supports 6 moving average types (SMA, EMA, LWMA, WMA, HMA, RMA)
- Customizable signal lines
- Built-in alerts for trend changes
- Works on multiple timeframes
A versatile tool for traders seeking a clear, visual representation of market momentum and trend shifts.
Bitcoin Cycle High/Low with functional Alert [heswaikcrypt]Introduction
Just as machines are fine-tuned for maximum efficiency, trading indicators must evolve to meet the demands of ever-changing markets.
Credit goes to the initial author, @NoCreditsLeft I only improved the existing Pi-cycle indicator with a functional alert and included a bull mode indicator in the script. The alert can help you get a live alert at candle close when the cycle tops, bottoms, and the potential bull phase switch occurs.
Philip Swift’s Pi Cycle Top Indicator is a brilliant example of leveraging mathematical relationships to signal critical turning points in Bitcoin’s price cycles. Historically, it has identified market and local tops with some relative accuracy, often within three days, as demonstrated in all the previous bull run cycles.
At its core, the Pi Cycle Indicator derives its name from the mathematical constant π (pi), achieved by using simple moving averages (MAs) in a specific ratio: 𝜋 = Long MA/short MA
The Bull mode switch is calculated using a crossover of the short exponentia moving average and the long moving average.
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Knowing when Bitcoin reaches its top—and receiving timely alerts about it—is crucial for successful trading. The indicator is designed to signal;
Potential Bitcoin tops: Purple label
Potential Bitcoin bottoms : green Label, and
Parabolic swing : Yellow diamond shape (relating to the market switching to a potential bull mode)
"Please note: This indicator is tailored for Bitcoin using historical data analysis and should not be considered definitive. However accurate it might be."
Setting alerts
To set the alert conditions, select any alert function call to get alert whenever the conditions are met. The script is configured on dialy TF; you can set it on 1D or weekly TF.
Enjoy and Trade smartly
ROI Levels IndicatorROI Levels Indicator 📈💰
Description: The "ROI Levels Indicator" helps you visualize key Return on Investment (ROI) levels directly on your chart, making it easier to track your profit milestones! 🚀 This tool allows you to enter your entry price, and it calculates levels from 100% up to 1000% ROI, each with a spread to represent potential support and resistance zones. The levels are visually represented by red rectangles to help identify zones where the market might react. This is a great way for traders to easily understand profit-taking points and psychological price levels!
Features:
🛠️ Custom Entry Price: Set your own entry price to start calculating ROI levels.
📊 Multiple ROI Levels: Levels from 100% to 1000%, with a customizable spread for visual clarity.
🔴 Visual Representation: Each level is marked with a full-screen-width rectangle and label, making it easy to track.
🚨 Entry Price Plot: A red dashed line marks your entry price for easy reference.
How to Use:
Enter Your Price: Use the "Entry Price" input field to specify the entry price of your trade.
Spread Adjustment: Adjust the spread percentage if you want more or less tolerance around each ROI level.
View the Levels: The script automatically plots 100% to 1000% ROI levels. Each level is represented by a red rectangle and labeled on the right side for quick identification.
Track Profit Zones: Use the plotted ROI levels to identify key profit-taking areas or potential zones of support and resistance.
Pro Tip: Use these levels as reference points to decide when to scale out of positions or manage risk effectively! 🎯
Happy trading, and may your ROI always be on the rise! 📈🔥
SHLL Model BTC PredictionThis indicator provides the model predictions for the Seasonal Halving Log-Log (SHLL) model as described here .
As an overview, the SHLL model is a power law model for Bitcoin price with a couple notable differences from the standard power law model:
Its exogenous variable is progression through halvings rather than days from the genesis block. Progression through halvings is defined as number of blocks mined through a given day divided by 210,000 (the number of blocks in each cycle)
Future predictions are based on the current rate at which blocks are mined
It is a mixed effects model where the fixed effects are a power law using progression through halving (also called "fair value") and the random effects are a seasonality component
The seasonality component is created by taking the percent progress through halving and breaking it into 48 periods. These allow cycle variability to be calculated versus the fair value
Variance is also hierarchical; a base variance is calculated and then individual, added variance is calculated for each seasonal period
It also incorporates IRLS like elements to trim outliers for more robust predictions
R^2 of the model versus the standard power law model:
Log scale: 0.976 vs. 0.956
Linear scale: 0.857 vs. 0.745
BTC Pi Cycle Top - Diminishing Version (As seen on ITC)This is an indicator shown on Into The Cryptoverse. Video posted on Nov 25 2024.
The video goes to explain that the Pi Cycle top indicator has successfully called 3 market tops (1 via backtesting, and 2 subsequent in a row). The video goes on to say that there is a chance, due to diminishing returns, that this indicator may not detect the 2024/2025 market top due to this.
This indicator, which is a modified version of the Pi Cycle top, is made using the formula 111 DAY SMA / (350 Day SMA * 2)
The indicator shows that there have been diminishing peaks , and to take this into consideration, as a descending trend can be seen by drawing a trendline across these peaks.
www.youtube.com
Thanksgiving Day MarkerA simple indicator that marks Thanksgiving Days (4th Thursday of November) with a turkey emoji (🦃) on your chart. Helps you easily spot historical Thanksgiving dates for seasonal analysis.
TRIX ColorTRIX (Triple Exponential Moving Average) Indicator Overview
Purpose :
The TRIX Color indicator is a sophisticated technical analysis tool designed to:
Identify market trends
Generate trading signals
Measure price momentum
Filter out market noise
Calculation Methodology:
Applies three consecutive exponential moving averages (EMA)
Calculates percentage change of the third EMA compared to the previous period
Smooths out short-term price fluctuations
Reveals underlying price trends
Visual Characteristics:
TRIX Line Coloration:
Green: Value >= 0 (Bullish trend)
Red: Value < 0 (Bearish trend)
Trading Signals:
Buy Signal (Green Triangle):
Occurs when TRIX crosses zero from bottom to top
Indicates potential start of an upward trend
Sell Signal (Red Triangle):
Occurs when TRIX crosses zero from top to bottom
Suggests potential start of a downward trend
Configurable Parameters:
TRIX Period (default: 9)
Price type selection (open, close, high/low, etc.)
Key Benefits:
Trend identification
Market reversal point detection
Trade filtering
Momentum measurement
Noise reduction
Typical Use Cases:
Trend trading
Momentum trading
Trend confirmation
Market sentiment analysis
Recommended Strategies:
Combine with other technical indicators
Use on multiple timeframes
Confirm signals with additional analysis
Adjust period based on trading style
Ideal for Traders Who:
Seek trend-based trading strategies
Prefer visual, easy-to-interpret indicators
Trade on medium to long-term timeframes
Want to reduce market noise
Limitations:
Lagging indicator
Less effective in sideways markets
Should not be used in isolation
Requires complementary analysis
Technical Nuances:
Utilizes triple exponential smoothing
Provides percentage-based momentum
Offers clear visual trend interpretation
Performance Considerations:
Most effective in trending markets
Works best with liquid instruments
Requires proper risk management
Potential Improvements:
Combine with volume analysis
Use with support/resistance levels
Integrate with other momentum indicators
VIX Fix con Alarma bv596vix fix con alarma +28 para poder comprar cuando el vix supera los 29 puntos en una tendencia alcista del ticker, accion o crypto
ideal para tendencias alcistas
9 and 21 day EMA Crossover StrategyHow It Works:
Buy Signal: When the 9-day EMA crosses above the 21-day EMA, it indicates a potential buy signal.
Sell Signal: When the 9-day EMA crosses below the 21-day EMA, it indicates a potential sell signal.
Pi Cycle Bitcoin Top and Bottom (Daily)Pi Cycle Bitcoin Top and Bottom (Daily)
This indicator combines the renowned Pi Cycle Top and Pi Cycle Bottom indicators into one comprehensive tool designed to identify Bitcoin's market cycle tops and bottoms with precision.
Pi Cycle Top
The Pi Cycle Top indicator uses the 111-day moving average (111DMA) and a multiple of the 350-day moving average (350DMA x 2). Historically, this indicator has identified Bitcoin’s price cycle peaks with an accuracy of up to 3 days.
📈 When the 111DMA crosses above the 350DMA x 2, it signals a market cycle top.
Pi Cycle Bottom
The Pi Cycle Bottom indicator utilizes the 150-day exponential moving average (150EMA) and a multiple of the 471-day simple moving average (471SMA x 0.745). Over past cycles, this combination has effectively pinpointed Bitcoin’s market bottoms with the same level of accuracy.
📉 When the 150EMA crosses below the 471SMA x 0.745, it signals a market cycle bottom.
Parabola
As an additional feature, the indicator identifies moments when the 150EMA crosses back above the 471SMA x 0.745, suggesting a potential parabolic price movement.
Features
Precision: Both indicators have historically aligned with major market turning points.
Customizable settings: Adjust the short and long moving averages to fit your analysis needs.
Alerts: Real-time alerts can be enabled for identifying market tops and bottoms.
Clear visualization: Optional moving average lines and signal markers make it easy to track market trends.
Full credits to Philip Swift, PositiveCrypto, Tondy, BilzerianCandle.
Vortex IndicatorKey Changes:
Threshold Lines (hline):
A horizontal line is added at the 1.1 level in green with a dotted style.
Another horizontal line is added at the 0.6 level in orange, also with a dotted style.
Visibility:
The threshold lines are semi-transparent (50 opacity) to ensure they don't overpower the Vortex Indicator lines.
Institutional Trading Volume & Anomalies Detector_DLGthis is used to fine-tune detection based on the market/asset being analyzed
qwerty8604Indikator SND (Supply and Demand) adalah alat analisis yang digunakan dalam trading untuk mengidentifikasi area di mana permintaan (supply) dan penawaran (demand) bertemu di pasar. Konsep ini didasarkan pada hukum dasar ekonomi yang mengatur pergerakan harga. Ketika permintaan lebih besar dari penawaran, harga cenderung naik, dan sebaliknya, ketika penawaran lebih besar dari permintaan, harga cenderung turun. Indikator SND membantu trader untuk menentukan area penting di mana harga berpotensi berbalik atau melanjutkan tren.
Pada praktiknya, area supply biasanya digambarkan sebagai zona harga di mana tekanan jual lebih tinggi, sementara area demand adalah zona harga di mana tekanan beli meningkat. Indikator ini sering digunakan oleh trader untuk mengidentifikasi titik masuk atau keluar yang optimal dari sebuah perdagangan. Misalnya, ketika harga mencapai area supply, trader mungkin mempertimbangkan untuk menjual, sedangkan ketika harga mendekati area demand, trader mungkin mencari peluang untuk membeli.
Indikator SND juga membantu trader untuk memahami dinamika pasar secara lebih mendalam. Dalam banyak kasus, zona supply dan demand terbentuk akibat akumulasi atau distribusi yang dilakukan oleh institusi besar. Dengan memahami di mana zona ini berada, trader ritel dapat mengikuti jejak institusi besar dan mengambil keuntungan dari pergerakan harga yang dihasilkan.
Selain itu, indikator ini dapat digunakan pada berbagai kerangka waktu, mulai dari trading harian hingga investasi jangka panjang. Trader dapat menyesuaikan penggunaan SND sesuai dengan gaya trading mereka. Pada kerangka waktu yang lebih kecil, indikator ini dapat digunakan untuk trading intraday, sedangkan pada kerangka waktu yang lebih besar, SND dapat membantu dalam menentukan tren utama dan level support atau resistance yang signifikan.
Dengan kemampuan untuk mengidentifikasi zona harga kritis dan membantu trader dalam pengambilan keputusan, indikator SND telah menjadi salah satu alat yang penting dalam analisis teknikal. Namun, seperti alat analisis lainnya, SND sebaiknya digunakan bersama dengan indikator lain atau metode analisis tambahan untuk meningkatkan akurasi dan mengurangi risiko kesalahan dalam trading.
Sanjay AhirAre you struggling to identify valid pull back in trading?
No worries, in this article we will be explaining the valid pullback in 3 simple steps.
Pullback is just a retracement in impulsive move but valid pullback has some identifications which are explained below.
What is Pullback in Trading?
Pullback in trading is basically a retracement of an impulse move which can be with a single candle or number of candlesticks.
Bearish candlesticks in a bullish move and bullish candlesticks in a bearish move are simply called the pullbacks.
What is Valid Pullback in Trading?
As we discussed earlier pullback is a retracement move, but every retracement is not a valid pullback.
We will be dividing valid pullback in two types listed below.
RSI Revolucionário InteligenteCaracterísticas do Indicador:
Zonas Dinâmicas:
As zonas de sobrecompra e sobrevenda se ajustam automaticamente com base na volatilidade do mercado, tornando o indicador adaptável a diferentes condições de mercado.
Divergências Automáticas:
Sinais são gerados quando o comportamento do preço diverge do RSI, um forte indicativo de reversões.
Velocidade do RSI:
Considera o quão rápido o RSI está se movendo, para capturar momentos de força ou fraqueza no mercado.
Sinais Filtrados:
Sinais de compra e venda são exibidos apenas quando há confluência de condições, aumentando a precisão.
Como usar:
Aplicar no gráfico do RSI:
Este indicador será exibido no painel do RSI.
Ajuste de Sensibilidade:
Ajuste o fator dinâmico e a sensibilidade conforme o ativo e o timeframe.
Validação Visual:
Observe os sinais e como eles reagem em relação às zonas dinâmicas e às divergências.
Stock vs Sector Comparison with HighlightsThis graph is meant as a support to select a stock that is expected to perform better than the sector.
The graph is based on weekly chart. So this is a medium / long term strategy.
How is expected to be used: when the stock has under performed the sector for some time, there is a natural tendence that it will catch up with the sector again. So, for example, if the color change from green to red, you should consider find another stock in the sector. If the stock looses the green color, but is not red yet, you should wait. And vice versa if you start with red. However, life is not that simple, as you can get fake signal. To mitigate this problem, you can adjust the threshold in the input setting, so just go for the signal after x weeks over/underperforming. You also need remember to select the sector in the settings, as the sector is not give automatically when you select the stock.
Below the sectors used:
Sector Name Ticker
S&P 500 (Market Index) SPY
Technology XLK
Financials XLF
Consumer Discretionary XLY
Industrials XLI
Health Care XLV
Consumer Staples XLP
Energy XLE
Utilities XLU
Communication Services XLC
Real Estate XLRE
Materials XLB
30-Minute Candle Strategy30-Minute Candle Trading Strategy
This strategy works on a 30-minute candle timeframe. When a new 30-minute candle opens, the following actions will take place based on the previous 30-minute candle's closing price:
Buy Trade Setup:
If the market opens above the previous 30-minute candle's closing price, a buy trade will be executed immediately at the market price.
The stop-loss will be set at the previous 30-minute candle's closing price.
There will be no fixed target.
The trade will be closed 1 minute before the current 30-minute candle closes, regardless of profit or loss.
Sell Trade Setup:
If a buy trade hits the stop-loss and the market moves below the previous 30-minute candle's closing price, a sell trade will be executed immediately at the market price.
The stop-loss for the sell trade will also be set at the previous 30-minute candle's closing price.
There will be no fixed target.
The trade will be closed 1 minute before the current 30-minute candle closes, regardless of profit or loss.
Procedure:
This process will repeat for every 30-minute candle.
If the market crosses the previous 30-minute candle's closing price to the upside, a buy trade will be executed, and the stop-loss will be set at the previous candle's closing price.
If the market crosses the previous 30-minute candle's closing price to the downside, a sell trade will be executed, and the stop-loss will also be set at the previous candle's closing price.
Each trade will be closed 1 minute before the current candle closes.
Key Points:
This strategy applies to every new 30-minute candle.
The stop-loss will always be based on the previous 30-minute candle's closing price.
If a stop-loss is hit, the strategy will automatically switch to the opposite trade (buy to sell or sell to buy) based on market movement crossing the previous candle's closing price.
This is a repetitive and systematic approach to trading, ensuring the rules are followed for every 30-minute candle.
US/JP Factor/Sector Performance RankingThis indicator is designed to help you easily understand the strengths and weaknesses of different factors and sectors in the U.S. stock market. It looks at various ETFs, ranks their performance over a specific period (20 days by default), and shows the results visually.
= How the Ranking Works
The best-performing rank is shown as -1, with lower ranks as -2, -3, -4, and so on. This setup makes it easy to see rank order in TradingView’s default view.
If you turn on the “Inverse” setting, ranks will be shown as positive numbers in order (e.g., 1, 2, 3…). In this case, it’s recommended to reverse the TradingView scale for better understanding.
= How the Indicator Reacts to Market Conditions
- Normal Market Conditions
Certain factors or sectors often stay at the top rank. For example, during the rallies at the start of 2024 and in May, the Momentum factor performed well, showing a risk-on market environment.
On the other hand, sectors at the bottom rank also tend to stay in specific positions.
- Market Tops
Capital flows within sectors slow down, and top ranks begin to change frequently. This may suggest a market turning point.
- Bear Markets or High Volatility
Rankings become more chaotic in these conditions. These large changes can help you understand market sentiment and the level of volatility.
= Way of using the Indicator
You can use this indicator in the following ways:
- To apply sector rotation strategies.
- To build positions after volatile markets calm down.
- To take long positions on strong elements (higher ranks) and short positions on weaker ones (lower ranks).
= Things to Keep in Mind
It’s a Lagging Indicator
This indicator calculates rankings using the past 20 days of data. It doesn’t provide signals for the future but is a tool for analyzing past performance. To predict the market, you should combine this with other tools or leading indicators.
However, since trends in capital flows often continue, this indicator can help you spot those trends.
= Customization
This indicator is set up for U.S. and Japanese stock markets. However, you can customize it for other markets by changing the ticker and label description in the script.
==Japanese Description==
このインジケーターは、米国株市場におけるファクターやセクターの強弱を直感的に把握するために設計されています。
各ETFを参照し、特定期間（デフォルトでは20日間）のパフォーマンスを順位付けし、それを視覚的に表示します。
= インジケーターの特徴
- ランク付けの仕様
ランク1位は-1で表され、順位が下がるごとに-2、-3、-4…と減少します。この仕様により、TradingViewの標準状態でランクの高低を直感的に把握できるようにしました。
さらに、Inverse設定をONにすると、1位から順に正の値（例: 1, 2, 3…）で表示されるようになります。この場合、TradingViewのスケールを反転させることを推奨します。
= 市況とインジケーターの動き
- 平常時の市況
特定のファクターやセクターがランク1位を維持することが多いです。
例えば、2024年の年初や同年5月の上昇相場では、Momentumファクターが効果を発揮し、リスクオンの市場環境であったことを示しています。
一方、最下位に位置するセクターも特定の順位を維持する傾向があります。
- 天井圏の市況
セクター内の資金流入や流出が停滞し、上位ランクの変動が起こり始めます。これが市場の転換点を示唆する場合があります。
- 下落相場や荒れた市況
ランク順位が大きく乱れることが特徴です。この変動の大きさは、市況の雰囲気やボラティリティの高さを感じ取る材料として活用できます。
= 活用方法
このインジケーターは以下のような投資戦略に役立てることができます：
- セクターローテーションを活用した投資戦略
- 荒れた相場が落ち着いたタイミングでのポジション構築
- 強い要素（ランク上位）のロング、弱い要素（ランク下位）のショート
= 注意点
- 遅行指標であること
本インジケーターは、過去20日間のデータを基にランクを算出します。そのため、先行的なシグナルを提供するものではなく、過去のパフォーマンスに基づいた分析ツールです。市場を先回りするには、別途先行指標や分析を組み合わせる必要があります。
ただし、特定のファクターやセクターへの資金流入・流出が継続する傾向があるため、これを見極める手助けにはなります。
= カスタマイズについて
このインジケーターは米国・日本株市場に特化しています。ただし、他国のファクターやセクターのETFや指数が利用可能であれば、スクリプト内のtickerとlabel descriptionを変更することでカスタマイズが可能です。
