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Market Strength/Weakness Snapshot Indicator 5 *
This indicator provides a quick visual of key market strength price concepts (various metrics contained in a table at the top middle of the screen). It is useful for determining the relative strength and weakness of different instruments using price relative to the following:

- Key volume profile concepts (price relative to the current day value area and POC and yesterdays value area and POC).

- vwap

- Initial balance range including extensions

- Retail Open (RTO) and yesterday's high and Low (YHL)

Attached picture shows a weak market.

See thread below for more details:

https://nexusfi.com/elite-circle/26322-volume-profile-market-profile-snapshot-indicator.html

update 1/14/2014

- Added initial balance and range extensions
- Added price relative to the Retail Open (RTO) above RTO open green up arrow, below retail open red down arrow.
- Added price relative to yesterday's high or low(YHL), price above yesterdays high green arrow and below yesterday's low red arrow and in between yellow dot.

To operate make sure the following supporting indicators are installed:

anaCurrentDayVWAPV42
anaIBRangeBandsV38
anaCurrentDayOHLV42
anaPivotsDailyV42


Category The Elite Circle 
 
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Details: Market Strength/Weakness Snapshot Indicator
Category: The Elite Circle 


March 7th, 2013
Size: 42.50 KB
Comments/ratings
5 * nickse2003 March 12th, 2013 08:10 PM
Thank you, Djkiwi! It's certainly a unique indicator/ template.
5 * Thierryq March 21st, 2013 02:20 PM
Feel the market in the blink of an eye!

Thank You !
5 * westmalle March 31st, 2013 05:01 AM
Fantastic work !!
5 * jupikseliga April 4th, 2013 04:35 PM
Fantastic work . Do you creating those indicator yourself ?
5 * jupikseliga April 4th, 2013 04:35 PM
Fantastic work . Do you creating those indicator yourself ?
5 * liorzuk May 17th, 2013 11:18 AM
It is a wonderfull indicator but how can i change it to zip for my ninjatrader?
5 * djoyce854 July 18th, 2013 01:57 PM
Thank You!!
5 * Jarmat September 15th, 2013 10:23 PM
Thank you super indicator
5 * XxBrianxX January 14th, 2014 01:21 AM
great work!
5 * JimmyB 2011 April 8th, 2014 12:05 PM
Thanks!

 
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