OPEN-SOURCE SCRIPT

Sector High/Low

Highlights which S&P SPDR Sector ETFs are at highs of day (green letter) or lows of day (red letter)

The first candle of the day is always all-green because by default the first candle of the day has the high of the day. So this indicator is more meaningful later in the day when sectors are making repeated highs/lows
Breadth IndicatorshighLOWsectorsessionspdr

Open-source script

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 publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer