OPEN-SOURCE SCRIPT
CAT Shaky Top
The indicator shows when S&P goes overbought while breadth does not confirm the rally.
The standard conditions are:
- S&P goes over 200 day weighted moving average increased by 10% and
- % of US stocks over 50 DMA holds under 60.
When both conditions are met the indicator plots a red triangle on top of the price.
You can change two inputs to see how often in the past similar cases happened.
If you have any questions please send me email to castawaytradergmail.com
The standard conditions are:
- S&P goes over 200 day weighted moving average increased by 10% and
- % of US stocks over 50 DMA holds under 60.
When both conditions are met the indicator plots a red triangle on top of the price.
You can change two inputs to see how often in the past similar cases happened.
If you have any questions please send me email to castawaytradergmail.com
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.