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OPEN-SOURCE SCRIPT
Updated

NASDAQ 100 Top 6 Average Trend

Takes the average of the top 6 Nasdaq 100, AAPL, MSFT, GOOGL, AMZN, NVDA, META.. If the average is moving down the red indicator will show its a downward sellers market. If the average is moving up is an upward buyers market. Use the higher moving average to work with smaller time frames.
Release Notes
1/31/25 update
Release Notes
edit: You can now edit the ticker symbols. Use the 6 ticker symbols with the largest market cap in your market to get an idea of the trend. Not just for NASDAQ100 which was the original intention. Use it for Futures, Forex, Crypto, Stocks. Options, Hairy Monkeys, whatever you want.

Basically use this indicator as a trend confirmation. Play around with the moving average and the timeframe to zero in on your target strartegy.

Lemon Squeazy out!!!
Release Notes
edit
Release Notes
update
Release Notes
edit
Release Notes
edit
LemonSqueazy
Moving Averagessentiment

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

LemonSqueazy

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