Market Mover

BUY SIGNALS
When the indicator turns green, that is a buy signal. At this time, the stock is showing internal factors that are pointing to a reversal. The closer the indicator is to -1 or lower, the stronger the signal is. This means the more likely the stock is going to change directions. NOTE: The larger the time frame the stronger the reading. This can lead to a larger move that will take more time. Readings on smaller time frames (1 minute) can lead to false readings.
SELL SIGNALS
When the indicator turns red, that is a sell signal (or short signal). At this time, the stock is showing internal factors that are pointing to a reversal or pull back. The closer the indicator is to 1 or higher, the stronger the signal is. This means the more likely the stock is going to change directions. NOTE: The larger the time frame the stronger the reading. This can lead to a larger move that will take more time. Readings on smaller time frames (1 minute) can lead to false readings.
If you are interested in using contact marketmovesmatt@gmail.com!
🟢 Bullish Zero line crosses: During this moment the histogram will turn green when the indicator turns from negative to positive. This is seen as the beginning of a possible bullish trend.
🔴 Bearish Zero Line Crosses: During this moment the histogram will turn red when the indicator turns from negative to positive. This is seen as the beginning of a possible bearish trend.
🔴 Exiting Overbought Conditions: During this moment the histogram will turn red when the indicator exits overbought conditions. This is seen as a possible end of the extreme bullish trend.
🟢Exiting Oversold Conditions: During this moment the histogram will turn green when the indicator exits oversold conditions. This is seen as a possible end of the extreme bearish trend.
If you would like to turn on these signals please double click the indicator and head to the settings section. The default value for this is off, so you need to choose which signals you would like. The name for these are "Zero Line Crosse" and "Overbought and Oversold Signals."
🔁Sensitivity Inputs: for our zero line cross readings we added the ability to filter to receive more or less of these readings. This can help users adjust their indicator to the preferences needed.
Zero Line Bull/Bear Text: We added the ability for users to have text appear during the bullish and bearish moments for this reading.
Leaving Overbought/Oversold Conditions: We added the ability for users to have text appear during the bullish and bearish moments for this reading.
Please adjust these in your settings.
We have added a stat table that allows traders to easily see the Market Mover and zero line readings across multiple time frames. This saves traders time not having to flip through different time frames or have multiple time frames on the chart at once.
-----Market Mover Readings------
The MM column for the table refers to the Market Mover Color for the specified time frame. This should allow trades to know at a quick glance how extended a stock may be on any time frame.
-----Zero Line Readings------
The Zero column for the table refers to whether the Market Mover is above or below the zero line for the specified time frame. When stocks are above the zero line this allows traders to know the market is bullish and below the zero line helps them know if the market is bearish. When multiple time frames are all over the zero line this is extremely bullish confirmation for a trade.
-----Confidence Score Added!------
This is very NEW in the works but will be thoroughly adjusted in the next couple months as the data comes in. This should give traders an instant gauge on how confident a bullish or bearish entry point in a trade is at the current moment.
-----ADD Added! ------
The ADD allows traders to know the internals of the index fund. This helps traders understand the underlying strength of the market as well as the direction of the internals. Which can result in better data for better decisions.
-----Settings Adjustments ------
When going into the indicator settings the trader will be able to adjust the time frame of their choice as well as turn off the stat table if needed. The different time frames will affect the bull/bear confidence score.
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Somente usuários aprovados pelo autor podem acessar este script. Você precisará solicitar e obter permissão para usá-lo. Normalmente, essa permissão é concedida após o pagamento. Para obter mais detalhes, siga as instruções do autor abaixo ou entre em contato diretamente com marketmoves.
O TradingView NÃO recomenda pagar ou usar um script ao não ser que você confie totalmente no seu autor e compreende como isso funciona. Você pode também encontrar alternativas gratuitas e de código aberto em nossa comunidade de scripts.
Instruções do autor
Aviso: leia nosso guia para scritps somente sob convite antes de solicitar acesso.
Aviso legal
Script sob convite
Somente usuários aprovados pelo autor podem acessar este script. Você precisará solicitar e obter permissão para usá-lo. Normalmente, essa permissão é concedida após o pagamento. Para obter mais detalhes, siga as instruções do autor abaixo ou entre em contato diretamente com marketmoves.
O TradingView NÃO recomenda pagar ou usar um script ao não ser que você confie totalmente no seu autor e compreende como isso funciona. Você pode também encontrar alternativas gratuitas e de código aberto em nossa comunidade de scripts.
Instruções do autor
Aviso: leia nosso guia para scritps somente sob convite antes de solicitar acesso.