PROTECTED SOURCE SCRIPT

IBOV VT

13
The IBOV VT is a market “internal strength detector” that reveals:

What it measures:
How many stocks are actually participating in the movement
Whether the rise/fall is “real” or “artificial”
Strength of consensus among leading stocks
Ideal time to enter/exit positions
🔍 Why it’s important:
IBOVESPA may rise, but only 2-3 stocks “carrying” = DANGEROUS
IBOVESPA may fall, but most stocks remain persistent = OPPORTUNITY
📈 HOW TO ANALYZE THE INDICATOR
🟢 HIGH WIDTH (60-100%)
Meaning: 7-12 stocks rising out of the 12 monitored

✅ What it indicates:

Healthy market with broad participation
Sustainable uptrend
Low risk of sudden reversal
Favorable time for long positions

📊 Visual signals:

Blue line above 60%
Light green background without chart
Signal: 🟢 MAY BUY
🔴 LOW WIDTH (0-40%)
Meaning: 0-5 rising stocks out of 12 monitored

⚠️ What it indicates:

Weak market with seller pressure
Downtrend or correction
High risk for long positions
Time for protection or selling
📊 Visual signals:

Red line below 40%
Light red background on the chart
Signal: 🔴 MAY SELL
⚪ NEUTRAL WIDTH (40-60%)
Meaning: 5-7 rising stocks out of 12 monitored

What it indicates:

Undefined market without consensus
Moment of consolidation
Wait for direction to be defined
Avoid risky trades
📊 Visual signals:

Line between buy/sell zones
No colored background
Signal: ⚪ WAIT

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.