Market Internals Dashboard: Trend, Breadth, Volume Pressure

13 giờ trước

Overview
The Market Internals Dashboard Pro is a professional-grade toolkit modeled after what prop firms and institutional desks use to understand real intraday market conditions.

Instead of relying solely on price, this indicator analyzes three critical internal forces:

• TICK: Microstructure buying/selling pressure
  
• ADD: Market breadth participation (advancers vs decliners proxy)
  
• VVOLD: Volume pressure (buying vs selling volume)
  

These internals determine whether the market is:

• Trending or ranging
  
• Bullish or bearish
  
• Likely to follow through or mean-revert
  
• Favoring continuation trades or fade setups
  

The script also produces a Market Environment Score (–3 to +3) and a real-time Trade Recommendation Table that updates every bar. This helps answer the single most important question in intraday trading: “What type of trades should I be taking right now given current market conditions?”

1. TICK Proxy: Microstructure Pressure
Measures buying vs. selling aggressiveness across the market This proxy simulates the NYSE TICK index by evaluating whether bars close above or below the prior bar.

• Positive TICK → Buyers lifting offers
  
• Negative TICK → Sellers hitting bids
  
• Neutral TICK → No microstructure conviction
  

Why it matters:
Strong TICK is often the earliest sign of:

• Trend initiation
  
• Algorithmic buy/sell programs
  
• Shifts in short‑term sentiment
  

Weak or choppy TICK often signals:

• Range conditions
  
• Failed breakouts
  
• Low‑quality trend attempts
  

2. ADD Proxy: Market Breadth Strength
Shows how many stocks are participating in a move Because real ADD data isn't available for all users, this script uses a self-contained breadth approximation built from:

• Price slope
  
• Volatility expansion
  
• Volume‑weighted directional pressure
  

Why it matters? Breadth reveals whether the move is:

• Broad and healthy → likely to continue
  
• Narrow and weak → vulnerable to reversal
  

Strong trends require strong breadth. Weak breadth often precedes:

• Failed breakouts
  
• Reversal setups
  
• Chop (ewww)
  

3. VOLD Proxy: Volume Pressure
The most important internal of all. This proxy measures whether trading volume is flowing into up bars or down bars.

• Positive VOLD → Net buying pressure
  
• Negative VOLD → Net selling pressure
  

Why it matters:
VOLD is considered the "truth serum" of the tape:

• Strong VOLD drives trend days
  
• Negative VOLD kills long setups
  
• Mixed VOLD creates chop
  

You should rarely trend trade against VOLD.

4. Market Environment Score (–3 to +3)
The Environment Score combines the three internals into a single view:

|| Score || Interpretation || Market Type ||
| +3 | Strong Bull | Trend Day (Long) |
| +2 | Bull | Pullback Buys / Breakout Continuation |
| +1 | Mild Bull | Conservative Long Scalps |
| 0 | Neutral | CHOP – VWAP Reversions / Fades |
| -1 | Mild Bear | Short Failed Breakouts |
| -2 | Bear | Trend Shorts / Breakdown Continuation |
| -3 | Strong Bear | Trend Day (Short) |

Why it matters:
The market behaves differently depending on internal alignment. This score prevents traders from:

• Forcing trend trades on chop days
  
• Chasing breakouts when breadth is weak
  
• Fading strong directional days
  

It tells you in real time whether conditions favor:

• Trend following
  
• Mean reversion
  
• Breakout continuation
  
• Liquidity grabs
  
• Or sitting out
  

5. Trade Recommendation Engine
Based on the Environment Score, the indicator outputs a real-time playbook recommending which trade types have the highest probability of success right now.

Examples:
Score = 0 (Neutral)

• VWAP Reversions
  
• Liquidity Grabs
  
• Failed Breakouts
  
• Quick Scalps
  

Score = +2/+3 (Strong Bull)

• Pullback Buys
  
• Breakout Continuation
  
• Trend Longs
  

Score = -2/-3 (Strong Bear)

• Pullback Shorts
  
• Breakdown Continuation
  
• Trend Shorts Only
  

This turns the internals into a trade selection engine, not just a data display.

Why Market Internals Matter
Most indicators look only at price, but price is the result, not the cause.
Market internals show:

• Where volume is flowing
  
• Whether buying is aggressive or passive
  
• How many stocks are participating
  
• Whether algorithms are supporting or fighting the move
  

This dashboard helps traders:

• Avoid chop
  
• Stay out of low‑quality setups
  
• Time entries with institutional flows
  
• Improve win rate by trading the right setups at the right times
  

Final Notes

• Works on any symbol or timeframe
  
• Fully customizable colors
  
• Two clean visual tables: Internals + Trade Playbook
  
• Ideal for futures, ETFs, and options day traders
  

If you enjoy this tool, please like, comment, or follow. More enhancements are coming.

Trade smart.

13 giờ trước

Phát hành các Ghi chú

Below is a fully updated, publication-ready TradingView script description written specifically for the Institutional Market Internals Dashboard v7 you now have — including:
• Real TICK, ADD, VOLD
• Weighted scoring
• Regime coloring
• Dynamic trade playbook
• Institutional thresholds

It is polished, professional, and optimized for TradingView’s community and SEO.

You can paste it directly into your TradingView script page.

⸻
Overview

The Market Internals Dashboard v7 – Institutional Edition provides a full, real-time market condition model using true NYSE internal data, the same core signals used by professional traders at prop firms and institutional desks.

Instead of relying only on price, this dashboard analyzes:
• TICK – NYSE uptick–downtick pressure (microstructure)
• ADD – NYSE advance–decline issues (breadth)
• VOLD – NYSE up-volume minus down-volume (volume pressure)

These three internals reveal market strength, conviction, and participation far earlier than price alone. When combined, they accurately classify intraday market regimes such as:
• Trend Long
• Trend Short
• Reversal Conditions
• Neutral Chop / Mean-Reversion
• High-volatility Expansion
• Low-conviction Tape

This indicator answers the real trading question:
“What type of trades should I be taking right now based on internal market structure?”

⸻
What This Indicator Provides

1. Real NYSE TICK (Microstructure Pressure)

Shows whether buyers are lifting offers (upticks) or sellers are hitting bids (downticks).
A leading indicator of trend initiation or exhaustion.
• > +800 strong buying pressure
• < –800 strong selling pressure
• Between –600 and +600 often signals chop

Why it matters:
TICK reveals the urgency of buyers/sellers and helps avoid fake breakouts.

⸻
2. Real NYSE ADD (Market Breadth)

The true number of advancing minus declining issues across the NYSE.
• > +1000 broad, healthy participation
• < –1000 widespread selling

Why it matters:
Strong breadth fuels sustainable trends.
Weak breadth leads to failed moves or chop.

⸻
3. Real NYSE VOLD (Volume Pressure)

Up-volume minus down-volume across the entire exchange.

This is the most important internal for identifying trend days.
• > +400M → trend long environment
• < –400M → trend short environment

Why it matters: VOLD shows where institutional volume is flowing.

⸻
4. Institutional Weighted Scoring (VOLD 50%, ADD 30%, TICK 20%)

Professional desks do not treat internals equally.
This script uses a weighted model:
• VOLD = 50% (volume is truth)
• ADD = 30% (participation matters)
• TICK = 20% (microstructure confirmation)

The combined score (–1.0 to +1.0) determines the intraday regime:

Score Range Market Regime Behavior
≥ +0.70 Strong Bull Trend Breakout continuation, long pullbacks
≥ +0.40 Bull Trend Favor long setups, avoid shorts
> –0.40 Neutral / Chop VWAP reversions, liquidity grabs, failed breakouts
≤ –0.40 Bear Trend Trend shorts on pops
≤ –0.70 Strong Bear Trend Breakdown continuation, avoid longs

⸻
5. Regime Background Coloring (Configurable Transparency)

The indicator overlays a subtle, configurable background color:
• Green → Bull Trend Regime
• Red → Bear Trend Regime
• Gray → Neutral / Chop

This gives instant visual feedback on market state.

⸻
6. On-Chart Internals Table

Displays:
• TICK value & bias
• ADD value & bias
• VOLD value & bias
• Weighted Environment Score
• Market Regime (Trend / Chop / Strong Trend)

All color-coded and easily readable.

⸻
7. Dynamic Trade Recommendation Engine

Based on the weighted score, the indicator outputs actionable trade ideas:

In Trend Long Regimes:
• Pullback Buys
• Breakout Continuation
• Ride trend structure

In Trend Short Regimes:
• Pullback Shorts
• Breakdown Continuation
• Short failed retests

In Chop / Neutral Regimes:
• VWAP Reversions
• Failed Breakouts
• Liquidity Grabs
• Quick Scalp Mode

This removes guesswork and helps prevent trading the wrong strategy in the wrong environment.

⸻
Why Internals Matter More Than Indicators

Price is the result, not the cause, of market movement.
Internals reveal the underlying engine:
• Are institutions buying or selling?
• Is volume supporting the move?
• Is breadth healthy or weak?
• Is this a trend or a trap?

This dashboard lets traders stop guessing and start making decisions based on real market mechanics, not lagging tools.

⸻
Final Notes
• Uses real NYSE internal data (no proxies)
• Weighted scoring mimics professional models
• Fully configurable colors and transparency
• Designed for futures, ETF, and options day traders
• Clean, readable tables directly on your chart
• Optimized for TradingView’s Premium data feed

If you find this indicator helpful, please like, comment, or follow.
More institutional tools are coming.

Trade with clarity.
Trade with context.
Trade with real market internals. 📈