#TheStrat Based Sector Rotation on an intraday basis
This script will show the close to close change on any timeframe it is set to across all the SPDR sector selectors
Green colors dictate a positive close to close change on the specified timeframe.
Red colors dictate a negative close to close change on the specified timeframe.
When all of the values flip red or a wave of red or green begins to come over it signals a move that is supported by all of the underlying components of the SPY. This is important to know because when you get a simultaneous break you will then have aggressive participants. This is because the whole market is moving the same, meaning 'the big boys' are buying or selling everything all at once! When that happens the moves are much greater.
Tickers can be changed in settings, OF NOTE. When a ticker is changed the table cell name will not change. I have not found a way to use ticker names in the table cells so just will be a quirk for now.
Green colors dictate a positive close to close change on the specified timeframe.
Red colors dictate a negative close to close change on the specified timeframe.
When all of the values flip red or a wave of red or green begins to come over it signals a move that is supported by all of the underlying components of the SPY. This is important to know because when you get a simultaneous break you will then have aggressive participants. This is because the whole market is moving the same, meaning 'the big boys' are buying or selling everything all at once! When that happens the moves are much greater.
Tickers can be changed in settings, OF NOTE. When a ticker is changed the table cell name will not change. I have not found a way to use ticker names in the table cells so just will be a quirk for now.
Versionsinformation:
This update changes data to be portrayed from oldest to newest in a left to right fashion on the dashboard.