📡 ETF RADAR HUD (SPY · QQQ · SPX) + Real-Time Momentum

Overview

The ETF RADAR HUD is a powerful, all-in-one technical analysis tool designed to provide traders with real-time insights into market trends, momentum, and key indicators for major ETFs and indices, including SPY, QQQ, and SPX. This Pine Script® indicator delivers a visually intuitive heads-up display (HUD) that consolidates critical market data, enabling traders to make informed decisions with confidence.

Important: This indicator is optimized to work in conjunction with Stan's Magic Potion, a complementary tool that enhances its precision and effectiveness. Together, they form a robust system for identifying high-probability trading opportunities in volatile markets.

Key Features

Multi-Asset Compatibility: Automatically detects and adapts to SPY, QQQ, SPX, or other instruments, with tailored visual cues for each.

Real-Time Momentum Detection: Identifies breakout and breakdown signals using a combination of price action, EMA crossovers, and RSI thresholds.

Comprehensive HUD: Displays key metrics including:

*Trend direction (Uptrend, Downtrend, Sideways)
*RSI status (Overbought, Oversold, Neutral)
*Volatility (High, Low)
*Volume spikes
*EMA crossovers (1 vs. 16)
*VWAP and EMA 200 positioning
*Momentum signals (Breakout, Breakdown, Waiting)

Alert System: Configurable alerts for CALL (bullish) and PUT (bearish) momentum signals, ensuring timely notifications for trading opportunities.
Visual Clarity: Color-coded bar highlights and an organized table for at-a-glance analysis.

Why Use ETF RADAR HUD with Stan's Magic Potion?

The ETF RADAR HUD is designed to complement Stan's Magic Potion, creating a synergistic trading system that maximizes signal accuracy and market context. While the HUD provides a real-time snapshot of market conditions, Stan's Magic Potion enhances its signals with proprietary filters and confirmation logic, reducing noise and improving trade reliability. Using these tools together allows traders to:

*Confirm momentum signals with greater confidence.
*Filter out false breakouts or breakdowns.
*Align trades with broader market dynamics.

For optimal results, we strongly recommend integrating this indicator with Stan's Magic Potion to unlock its full potential.

How It Works

The indicator calculates and displays:

Trend Analysis: Compares fast (default: 8) and slow (default: 21) EMAs to determine market direction.
Momentum Signals: Detects breakouts (price above recent highs with buffer) and breakdowns (price below recent lows with buffer), validated by EMA and RSI conditions.
Volatility and Volume: Monitors ATR-based volatility and volume spikes relative to a 20-period SMA.
Key Levels: Tracks price relative to VWAP and the 200-period EMA for long-term trend context.
RSI Mood: Highlights overbought (>70) or oversold (<30) conditions.
HUD Display: Presents all metrics in a clean, top-right table with color-coded statuses for quick interpretation.

Settings

* Fast EMA Period (default: 8): Adjusts the sensitivity of the short-term EMA.
* Slow EMA Period (default: 21): Sets the longer-term EMA for trend analysis.
* RSI Length (default: 14): Defines the RSI calculation period.
* ATR Length (default: 14): Sets the ATR period for volatility assessment.
* Volume Spike Multiplier (default: 1.8): Determines the threshold for volume spike detection.
* Momentum Lookback Bars (default: 5): Sets the lookback period for breakout/breakdown detection.
* Breakout Buffer % (default: 0.05): Adds a buffer to price breakouts for confirmation.

How to Use

* Add the ETF RADAR HUD to your TradingView chart for SPY, QQQ, or SPX.
* Pair it with Stan's Magic Potion for enhanced signal confirmation (highly recommended).
* Monitor the HUD table for real-time insights into trend, momentum, volatility, and volume.
* Set up alerts for CALL (bullish) or PUT (bearish) momentum signals to stay ahead of market moves.
* Adjust input parameters to suit your trading style or timeframe.

Notes

* This indicator is most effective on daily or intraday charts for ETFs and indices.
* Ensure you have access to Stan's Magic Potion for optimal performance, as the two tools are designed to work hand-in-hand.
* Use the alert system to automate notifications for high-probability setups.

Disclaimer

Trading involves risk, and past performance is not indicative of future results. Always conduct your own analysis and risk management before entering trades. This indicator is provided under the Mozilla Public License 2.0.