OPEN-SOURCE SCRIPT
NYSE Divergence & Market Breadth
TO BE USED ON THE 1' CHART
!! The underlying instrument must be either ES1!, ES2!, ES or MES individual contract !!
!! The indicator uses the underlying asset to calculate the TICK divergences !!
Plots the NYSE tick in relation to the /es to identify divergences.
Plots the NYSE market breadth at the market open.
Plots the NYSE market breadth throughout the day.
Visit eminiaddict.com to learn how to use it in your trading.
!! The underlying instrument must be either ES1!, ES2!, ES or MES individual contract !!
!! The indicator uses the underlying asset to calculate the TICK divergences !!
Plots the NYSE tick in relation to the /es to identify divergences.
Plots the NYSE market breadth at the market open.
Plots the NYSE market breadth throughout the day.
Visit eminiaddict.com to learn how to use it in your trading.
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.
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