OPEN-SOURCE SCRIPT
已更新 US Market Sentiment
The "US Market Sentiment" indicator is designed to provide insights into the sentiment of the US market. It is based on the calculation of an oscillator using data from the High Yield Ratio. This indicator can be helpful in assessing the overall sentiment and potential market trends.
Key Features:
Trend Direction: The indicator helps identify the general trend direction of market sentiment. Positive values indicate a bullish sentiment, while negative values indicate a bearish sentiment. Traders and investors can use this information to understand the prevailing market sentiment.
Overbought and Oversold Levels: The indicator can highlight overbought and oversold conditions in the market. When the oscillator reaches high positive levels, it suggests excessive optimism and a potential downside correction. Conversely, high negative levels indicate excessive pessimism and the possibility of an upside rebound.
Divergence Analysis: The indicator can reveal divergences between the sentiment oscillator and price movements. Divergences occur when the price reaches new highs or lows, but the sentiment oscillator fails to confirm the move. This can signal a potential trend reversal or weakening of the current trend.
Confirmation of Trading Signals: The "US Market Sentiment" indicator can be used to confirm other trading signals or indicators. For instance, if a momentum indicator generates a bullish signal, a positive reversal in the sentiment oscillator can provide additional confirmation for the trade.
Usage and Interpretation:
Positive values of the "US Market Sentiment" indicate a bullish sentiment, suggesting potential buying opportunities.
Negative values suggest a bearish sentiment, indicating potential selling or shorting opportunities.
Extreme positive or negative values may signal overbought or oversold conditions, respectively, and could precede a market reversal.
Divergences between the sentiment oscillator and price trends may suggest a potential change in the current market direction.
Traders and investors can combine the "US Market Sentiment" indicator with other technical analysis tools to enhance their decision-making process and gain deeper insights into the US market sentiment.
Key Features:
Trend Direction: The indicator helps identify the general trend direction of market sentiment. Positive values indicate a bullish sentiment, while negative values indicate a bearish sentiment. Traders and investors can use this information to understand the prevailing market sentiment.
Overbought and Oversold Levels: The indicator can highlight overbought and oversold conditions in the market. When the oscillator reaches high positive levels, it suggests excessive optimism and a potential downside correction. Conversely, high negative levels indicate excessive pessimism and the possibility of an upside rebound.
Divergence Analysis: The indicator can reveal divergences between the sentiment oscillator and price movements. Divergences occur when the price reaches new highs or lows, but the sentiment oscillator fails to confirm the move. This can signal a potential trend reversal or weakening of the current trend.
Confirmation of Trading Signals: The "US Market Sentiment" indicator can be used to confirm other trading signals or indicators. For instance, if a momentum indicator generates a bullish signal, a positive reversal in the sentiment oscillator can provide additional confirmation for the trade.
Usage and Interpretation:
Positive values of the "US Market Sentiment" indicate a bullish sentiment, suggesting potential buying opportunities.
Negative values suggest a bearish sentiment, indicating potential selling or shorting opportunities.
Extreme positive or negative values may signal overbought or oversold conditions, respectively, and could precede a market reversal.
Divergences between the sentiment oscillator and price trends may suggest a potential change in the current market direction.
Traders and investors can combine the "US Market Sentiment" indicator with other technical analysis tools to enhance their decision-making process and gain deeper insights into the US market sentiment.
發行說明
Minor change開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
Plan the trade ⚡ Trade the plan
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
Plan the trade ⚡ Trade the plan
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。