SPY Checker
It is now also possible to use this indicator for all stock charts and to get the SPY indication on them visible without opening the SPY chart explicitly.
You are able to display the SPY trendline in the current chart as an overlay (yellow line) and configure the SPY trendline adjustment in the indicator settings. This will allow you to determine if the current stock chart is following the SPY or not. And you can also select a trading stop for several days in the indicator settings, which is visible through the green and red background color.
Hope this helps many of you to be more efficient in your SPY verification - have fun!
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact ATS-TRADING directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact ATS-TRADING directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.