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TickSurfers Hedge Up

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Get alerted to market downturns days and sometimes weeks in advance. Works exclusively on S&P 500 financial instruments (such as SPX, ES1! or SPY). This indicator marks a warning sign above the bar when a warning signal is generated. You can also configure the indicator to send you an alert using TradingView's native alert system.

The indicator is not intended to generate trade entry or exit signals. Rather, it is meant to alert you to potential market volatility within the next 30 days. If your portfolio is net bullish and you receive a signal, then it can be a good opportunity to tighten stops, take profit or reduce your position risk.
Notas de Lançamento
Added signals to detect possible market bottoms after strong sell-offs.
Notas de Lançamento
Updated formula to avoid repetitive signals and false bull signals during a confirmed downtrend.

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