OPEN-SOURCE SCRIPT
Hindenburg Omen
The Hindenburg Omen, is market breadth signal that marks when a critical set of market factors that can create the necessary conditions for a stock market crash.
Based on Technical Breadth Indicators of the NYSE, a broad equity market index.
More information on the conditions of the Hindenburg Omen can be found here,
en.wikipedia.org/wiki/Hindenburg_Omen
investopedia.com/articles/trading/07/hindenburgomen.asp
Please use at your own discretion.
If you find my work useful, my BTC tip jar is @ 1JSKKkqWCArgyqsZUQEdVYEYBbTGhw8sDp
Based on Technical Breadth Indicators of the NYSE, a broad equity market index.
More information on the conditions of the Hindenburg Omen can be found here,
en.wikipedia.org/wiki/Hindenburg_Omen
investopedia.com/articles/trading/07/hindenburgomen.asp
Please use at your own discretion.
If you find my work useful, my BTC tip jar is @ 1JSKKkqWCArgyqsZUQEdVYEYBbTGhw8sDp
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.