Welcome to the NDR 63-Day QQQ-QQEW ROC% Spread script! This script is a powerful tool that calculates and visualizes the 63-day Rate of Change (ROC%) spread between the QQQ and QQEW tickers. This script is based on the research conducted by Ned Davis Research (NDR), a renowned name in the field of investment strategy. ⚙️ Key Features: 👉Rate of Change...
I multiplied the price of each of the top QQQ holdings by their percentage weight, and the bottom 88 holdings for a total of 100. I divide the top 12 weighted price by the bottom 88 weighted price. So I can see when money is flowing in and out of the megacaps. It needs to be updated every quarter, which I may need to do now....
A must have tool for QQQ NDX NQ traders~!!! Description The QQQ NDX NQ Price Converter is a powerful and easy-to-use tool that allows traders to view corresponding price levels for linked instruments in real-time. This includes QQQ, NDX, NQ, and NAS100USD. Although these instruments often move in sync, differences in price movements, volume, and trading hours...
This is similar to the SPX Fair Value Bands indicator, but for QQQ. It is based on the Net Liquidity model: Net Liquidity = FED - RRP - TGA
This is an educational tool that can help you find direct or inverse relations between two assets. In this case I am using VIX and SPX . The way it works is the next one : So I am looking at the current open value of VIX in comparison with the previous close ( if it either above or below) and after on the SPX I am looking into the history and see for example...
This indicator is used to automatically map an ETF's VWAP and 10 levels above and below the strike of your choice, to the futures or index instrument currently being viewed/traded. This works very well when using both SPY to ES/MES/SPX or QQQ to NQ/MNQ/NDX to plot the ETF strikes and can lead to some incredible trades, especially when trading level to level. ...
This indicator is used to automatically map SPY VWAP and 10 levels of your choice to ES / MES or map QQQ VWAP and 10 levels of your choice to NQ / MNQ . Since SPY and QQQ have the same price action as their futures iteration, there seems to a direct correlation between their levels and VWAP. This indicator is made to easily map the key levels of your...
SPY to ES is an indicator that converts SPY price targets to ES / MES futures price targets. This indicator is helpful when you have price targets for SPY but trade ES or MES futures instead of SPY. It coverts the SPY price targets to ES / MES futures, and draws the SPY VWAP line on your ES / MES chart. It supports the following lines Bullish Above Bearish...
US Market Overview Table will identify the bullish and bearish sectors of a day by tracking the SPDR sectors funds. It's possible to add a ticker symbol for correlation compared to each sector. Overview Indicator
The Litt Internal Pro is based on the four major U.S. Equity Indexes. This is to not be used for any other markets. If you need more information on any of the indexes, you can google or watch YouTube videos on what they are. Typically if we are looking for to be long we want to see all four of the indexes green and have buy ratings. If we are looking to be short...
Script plots correlation of chart symbol to a variety of indexes, symbols, equities. ** Original idea was to find Bitcoin correlation, which I did not. Built in correlations are: Nikie, DAX, SPY, AAPL, US Dollar, Gold, EURUSD, USDCNY, EEM, QQQ, XLK, XLF, USDJPY, EURGBP
Use only on Daily charts!! When average AH moves are consistent with average daytime moves it tends to indicate a trend. The phenomenon is not obvious on a day to day basis but is easy to see with the smoothed changes. Blue is smoothed daytime change and black is smoothed AH gap. The length is how many periods back to start the differentiation between AH and...
Modified version of ATR Pips The indicator's value is a third of the daily range which is good to use as a stop loss value for intra day scalping on markets such as index futures and forex. It's good for detecting and confirming inflection points in the market.