TICK & ADD Market Internals Suite

il y a 5 heures

Overview:This is the ultimate Market Internals tool designed for professional SPX/ES and NQ intraday traders.

Traders often monitor both TICK (for short-term timing) and ADD (for daily trend context). However, displaying them on the same chart is usually problematic due to their different scales (TICK ±1000 vs. ADD ±2000), causing chart compression.

Market Internals Suite solves this with a smart "Visual Scaling" algorithm, perfectly fusing TICK Candles and the ADD Line into a single, coherent pane.

Key Features
1.Hybrid Visualization:
· TICK (Foreground): Displayed as OHLC Candles to capture instant liquidity sweeps and wicks.
· ADD (Background): Displayed as a clean Line to show the underlying market breadth trend without clutter.

2.Smart Visual Scaling:
· To prevent chart distortion, the ADD line is visually scaled down (Default Ratio: 1.5).
· This aligns the ADD trend volatility with the TICK range, allowing you to instantly spot divergences or resonance between sentiment and trend.

3.Real-Time Data Dashboard:
· Never lose track of the actual numbers. A dashboard in the top-right corner displays the TRUE values for both TICK and ADD (unscaled).
· Customizable Text Size: You can adjust the dashboard font size (Small/Normal/Large/Huge) in the settings to fit your screen.

4.TICK Extreme Alerts:
· Visual Highlight: The chart background highlights (Green/Red) only when TICK hits the extreme ±1000 levels.
· The ADD line remains clean and alert-free to serve as a stable reference.

Strategy: Context + Timing:
1.Trend Resonance
When the ADD line trends upward and TICK candles consistently maintain levels above zero, it indicates a healthy, strong trend. This is a signal to look for trend-following long setups.

2.Divergence Analysis (The "Holy Grail" Signal)
This combination view makes spotting internal divergences incredibly easy:
· Bearish Divergence: When Price makes a New High, but the ADD line or TICK peaks make a Lower High. This suggests buying exhaustion beneath the surface and often precedes a reversal down.
· Bullish Divergence: When Price makes a New Low, but the ADD line or TICK lows make a Higher Low. This suggests that selling pressure is being absorbed, signaling a potential bounce or reversal up.

il y a 4 heures

Notes de version

Advanced Configuration: Multi-Market Adaptation This indicator is pre-configured for US Composite Data, optimized for SPX/ES trading. However, it is fully customizable for traders focusing on specific exchanges:
1.Supported Data Sources:
· US Composite (Default) : USI:TICK.US
· NYSE Only : TICK.NY / ADD
· NASDAQ Only :TICK.NQ / ADDQ
2.Adjusting Settings for Different Markets:
· Volatility varies by exchange. If you switch data sources (e.g., to Nasdaq), please adjust the following settings to match the new data's range:
· TICK Alert Thresholds: Nasdaq is more volatile; you may need to increase the alert level (e.g., from 1000 to 1200).
· ADD Visual Scale Ratio: If the ADD line appears too flat or too volatile relative to the candles, adjust the scale ratio (Default: 2.5) to achieve the best visual alignment.

il y a 4 heures

Notes de version

V3 Update: This update solves the missing US Composite ADD data issue in TradingView:
· Auto-Calculated US ADD: The script now mathematically sums NYSE and NASDAQ data to generate an accurate US Market Breadth line, perfectly matching the TICK.US volatility.
· New Market Selector: No need to search for symbols. You can now switch between "US Composite (Recommended)", "NYSE", or "NASDAQ" modes directly via a dropdown menu in the settings.
· Dashboard Optimization: The data panel now clearly labels the active data source (e.g., ADD (US)).