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Sentiment Indicator - Intraday V11

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Overview
A powerful multi-factor sentiment analysis tool designed for intraday traders who want clear, actionable signals without the noise. This indicator combines multiple market dynamics into a single, easy-to-read visual system using colored candles and diamond signals.

How It Works For You
Colored Candles tell you the current market sentiment at a glance:
  • Dark Green — Strong bullish sentiment
  • Light Green — Moderate bullish sentiment
  • Light Red — Moderate bearish sentiment
  • Dark Red — Strong bearish sentiment


Diamond Signals highlight high-probability trade opportunities:
  • Green diamonds appear below candles for potential buy entries
  • Red diamonds appear above candles for potential sell/short entries
  • Larger diamonds indicate stronger conviction signals


What Makes This Different
Unlike single-indicator approaches that often give conflicting or lagging signals, this indicator synthesizes information across multiple market dimensions simultaneously. The result is a more robust read on true market sentiment.

Signal-Candle Alignment — When a diamond prints, the candle color always confirms the signal direction. No more confusion from mixed messages.

Adaptive Scoring — The underlying engine adjusts to both short-term momentum and longer-term context, helping filter out false signals during choppy conditions.

Clean Visuals — Everything you need is on the price chart. No separate indicator panels to monitor.

Best Practices
  • Works on any liquid market (futures, forex, stocks, crypto)
  • Optimized for intraday timeframes (1min to 1hour)
  • Use diamond signals for entries, candle color changes for early warnings
  • Combine with your existing support/resistance levels for best results
  • VWAP and 21 EMA overlays included for additional confluence


Customization
Adjust sensitivity to match your trading style — choose between Low, Medium, and High signal sensitivity. Toggle individual features on or off to suit your workflow.

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