3 THUMBS UP [DIGGERDOG]

3 THUMBS UP [DIGGERDOG]

Overview:

The 3 THUMBS UP indicator provides a quick visual snapshot of three key market metrics, helping traders assess the current market sentiment at a glance. The indicator displays the following:

• 200-day EMA (Exponential Moving Average): Identifies long-term market trends by showing whether the price is above or below the 200-day EMA.
  
• Year-to-Date (YTD) Performance: Compares the current price with the price at the start of the selected year.
  
• First 5 Trading Days (F5D) Performance: Tracks how the market performed during the first five trading days of the selected year.
  

Each metric is visually represented with a thumbs-up (👍) for positive performance or a thumbs-down (👎) for negative performance, allowing for quick and intuitive decision-making.

Key Features:

• 200-day EMA: A simple measure of long-term market direction. If the price is above the 200-day EMA, it’s considered bullish (👍), and if it’s below, it’s considered bearish (👎).
  
• YTD (Year-to-Date): Compares the current price to the price on January 1st of the selected Start Year. You can adjust the year as needed to calculate YTD for any specific year between 1900 and 2100. If the price is higher than on January 1st, you’ll see a thumbs-up (👍); if lower, a thumbs-down (👎).
  
• F5D (First 5 Trading Days): Shows the percentage change over the first five trading days of the selected Start Year. If the performance is positive, you’ll get a thumbs-up (👍); if negative, a thumbs-down (👎).
  

Customization Options:

• Start Year Selection: Default is set to 2024, but you can select any year between 1900 and 2100 for YTD and F5D calculations.
  
• Dashboard Positioning: Choose from six positions (Top Right, Bottom Left, etc.) to place the indicator on your chart.
  
• Dashboard Size: Select from Tiny, Small, Normal, or Large text sizes to fit your display preferences.
  
• Custom Colors: Easily adjust cell colors for Up, Down, and Neutral conditions, as well as cell transparency, to suit your chart’s style.