SECTOR ROTATION

Sector Rotation Indicator with Auto Chart Symbol
This indicator helps traders track relative performance across multiple indices/sectors simultaneously, making it easy to identify sector rotation and market leadership.

Key Features:
✅ 21 Symbols Tracking: Monitor 20 customizable symbols + your current chart symbol automatically(DIVIDEND SYMBOL)
✅ Percentage Performance: All moving averages show percentage gain/loss from 1 timeframe period ago
✅ Color-Coded Visualization: Heat map coloring (red to green) based on relative performance ranking
✅ Flexible Timeframes: Works on any timeframe from 1-minute to 12-month charts
✅ Performance Table: Quick-view table showing candle performance with inside/outside bar detection
✅ Indian Market Ready: Pre-configured with NSE indices (NIFTY, BANKNIFTY, and sectoral indices)
Default Symbols (Customizable):

NIFTY, CNXSMALLCAP, CNXMIDCAP, BANKNIFTY
Sector indices: IT, AUTO, PHARMA, METAL, ENERGY, FMCG, etc.
Plus your current chart symbol (automatically added)

How It Works:

Select your preferred timeframe (1D, 1W, 1M, etc.)
The indicator calculates percentage performance from given period ago
Moving averages show smoothed performance trends
Colors indicate relative strength: Green = outperformers, Red = underperformers

Perfect For:

Sector rotation analysis
Relative strength comparison
Market breadth assessment
Index/ETF traders
Swing and position traders

Settings:

Adjustable MA length (default: 20)
Customizable colors and table position
Show/hide percentage labels
Horizontal or vertical table layout


This is not any buy or sell signal or recommendation, consult with your advisor first.