Intraday Super Sectors v2.0
This indicator plots the two 'Super Sectors' (Cyclical and Defensive) showing intraday change from open
.
For reference:
Defensive Sectors:
XLE Energy (not always considered a true defensive sector, but I've thrown it in here for balance)
XLP Consumer Staples
XLU Utilities
XLV Health Care
Cyclical Sectors:
XLB Materials
XLC Communication Services
XLF Financials
XLI Industrials
XLK Information Technology
XLRE Real Estate
XLY Consumer Discretionary
Sector data retrieved from finance.yahoo.com/quote/SPY/holdings/ on May 1, 2022
You're welcome to update the sector weightings from time to time. Don't worry about making it exactly 100% - the script automatically compensates and dynamically adjusts.
.
Outside of the cash session, you won't see anything (lines, clouds, %change etc.) which is perfectly normal. If you want to check to see if it really works, the 'replay' function might help!
.
.
.
* originally motivated by Cody to finish what I'd started, and feedback from TT and MDSS groups to 'always do better' (thanks guys!)
.
For reference:
Defensive Sectors:
XLE Energy (not always considered a true defensive sector, but I've thrown it in here for balance)
XLP Consumer Staples
XLU Utilities
XLV Health Care
Cyclical Sectors:
XLB Materials
XLC Communication Services
XLF Financials
XLI Industrials
XLK Information Technology
XLRE Real Estate
XLY Consumer Discretionary
Sector data retrieved from finance.yahoo.com/quote/SPY/holdings/ on May 1, 2022
You're welcome to update the sector weightings from time to time. Don't worry about making it exactly 100% - the script automatically compensates and dynamically adjusts.
.
Outside of the cash session, you won't see anything (lines, clouds, %change etc.) which is perfectly normal. If you want to check to see if it really works, the 'replay' function might help!
.
.
.
* originally motivated by Cody to finish what I'd started, and feedback from TT and MDSS groups to 'always do better' (thanks guys!)
Versionsinformation:
Added option to turn off numerical display of all the individual sectors - helpful if you're using this on a phone!
Versionsinformation:
Minor update (bugfix?) to allow script to work if SPY is selected (either RTH or Extended)