TG-Industry Performance

il y a 10 heures

***** THE CHART MUST BE ON DAY TIMEFRAME TO WORK CORRECTLY ******
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This Pine Script V6 indicator, is a high-performance dashboard designed to rotate between market regimes and identify "coiling" industries ready for a breakout. It uses a multi-dimensional approach by analyzing not just price, but the velocity and acceleration of RSI.
### Core Features

Adaptive Market Modes: Switch between Broad Risk-On, AI & Future Tech, and Risk-Off Defensive to track the tickers most relevant to the current macro environment.

Physics-Based Momentum: Beyond standard RSI, it calculates:

Velocity (Vel): The speed of RSI change (1st derivative).

Acceleration (Accel): The rate of change in velocity (2nd derivative).

Dynamic Sorting: Automatically ranks industries by performance across up to 6 user-defined lookback periods (e.g., 5D, 1W, 1M).

### How to Read the Dashboard

The table provides a "Heat Map" of industry health using a 4-zone logic:
1. Momentum & RSI Status

Orange Text: Overbought or Extreme Momentum (RSI≥61, Vel≥3). High strength, but watch for exhaustion.

Green Text: Bullish Trend / Positive Momentum (RSI≥52, Vel≥1). Confirmed strength.

Red Text: Oversold or Negative Momentum (RSI≤30, Vel≤−1). Signifies weakness or a potential bottom play.

2. Breakout Detection (The "Squeeze" Logic)

The indicator tracks Compression across the first three lookback periods.

Yellow Industry Name (Consolidation): Occurs when price volatility is narrowing AND RSI energy is decaying. The industry is "coiling."

Orange/Gold Industry Name (Breaking Out): Occurs when an industry is coiling, but Acceleration suddenly turns positive. This is the "Pop" signal.

### Key Inputs

Indicator Mode: Choose your "basket" of stocks (AI, Defensive, or Broad Market).

Loopback Count: Customize how many time-frames (columns) appear in the table.

Data Thresholds: Fine-tune what you consider "Overbought" or "Bullish" to match your trading style.

Sort Order: Keep the strongest industries at the top to quickly identify where the "Generals" are leading the market.

### Use Cases

Day/Swing Trading: Identify which sectors have the highest relative strength for long entries.

Risk Management: Quickly see if "Risk-Off" sectors (Utilities, Staples) are starting to outpace "Risk-On" sectors (Semis, AI).

Scanning for Volatility: Look for the Yellow/Gold labels to find industries that have been quiet and are now beginning to move.

il y a 10 heures

Notes de version

***** CHART MUST BE ON DAY TIMEFRAME *****
-------------------------------------------------------
This Pine Script V6 indicator, is a high-performance dashboard designed to rotate between market regimes and identify "coiling" industries ready for a breakout. It uses a multi-dimensional approach by analyzing not just price, but the velocity and acceleration of RSI.
### Core Features

Adaptive Market Modes: Switch between Broad Risk-On, AI & Future Tech, and Risk-Off Defensive to track the tickers most relevant to the current macro environment.

Physics-Based Momentum: Beyond standard RSI, it calculates:

Velocity (Vel): The speed of RSI change (1st derivative).

Acceleration (Accel): The rate of change in velocity (2nd derivative).

Dynamic Sorting: Automatically ranks industries by performance across up to 6 user-defined lookback periods (e.g., 5D, 1W, 1M).

### How to Read the Dashboard

The table provides a "Heat Map" of industry health using a 4-zone logic:
1. Momentum & RSI Status

Orange Text: Overbought or Extreme Momentum (RSI≥61, Vel≥3). High strength, but watch for exhaustion.

Green Text: Bullish Trend / Positive Momentum (RSI≥52, Vel≥1). Confirmed strength.

Red Text: Oversold or Negative Momentum (RSI≤30, Vel≤−1). Signifies weakness or a potential bottom play.

2. Breakout Detection (The "Squeeze" Logic)

The indicator tracks Compression across the first three lookback periods.

Yellow Industry Name (Consolidation): Occurs when price volatility is narrowing AND RSI energy is decaying. The industry is "coiling."

Orange/Gold Industry Name (Breaking Out): Occurs when an industry is coiling, but Acceleration suddenly turns positive. This is the "Pop" signal.

### Key Inputs

Indicator Mode: Choose your "basket" of stocks (AI, Defensive, or Broad Market).

Loopback Count: Customize how many time-frames (columns) appear in the table.

Data Thresholds: Fine-tune what you consider "Overbought" or "Bullish" to match your trading style.

Sort Order: Keep the strongest industries at the top to quickly identify where the "Generals" are leading the market.

### Use Cases

Day/Swing Trading: Identify which sectors have the highest relative strength for long entries.

Risk Management: Quickly see if "Risk-Off" sectors (Utilities, Staples) are starting to outpace "Risk-On" sectors (Semis, AI).

Scanning for Volatility: Look for the Yellow/Gold labels to find industries that have been quiet and are now beginning to move.