This indicator plots the two 'Super Sectors' (Cyclical and Defensive) showing intraday change from open
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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
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.
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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!
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* originally motivated by Cody to finish what I'd started, and feedback from TT and MDSS groups to 'always do better' (thanks guys!)
ملاحظات الأخبار
Added option to turn off numerical display of all the individual sectors - helpful if you're using this on a phone!
ملاحظات الأخبار
Minor update (bugfix?) to allow script to work if SPY is selected (either RTH or Extended)
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. يمكنك جعله مفضلاً لاستخدامه على الرسم البياني.
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