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FOMO Indicator - % of Stocks Above 5-Day Avg
The FOMO Indicator plots the breadth indicators NCFD and S5FD below the price chart, representing the percentage of stocks in the Nasdaq Composite (NCFD) or S&P 500 (S5FD) trading above their respective 5-day moving averages.
This indicator identifies short-term market sentiment and investor positioning. When over 85% of stocks exceed their 5-day averages, it signals widespread buying pressure and potential FOMO (Fear Of Missing Out) among investors. Conversely, levels below 15% may indicate oversold conditions. By analyzing these breadth metrics over a short time window, the FOMO Indicator helps traders gauge shifts in investor sentiment and positioning.
This indicator identifies short-term market sentiment and investor positioning. When over 85% of stocks exceed their 5-day averages, it signals widespread buying pressure and potential FOMO (Fear Of Missing Out) among investors. Conversely, levels below 15% may indicate oversold conditions. By analyzing these breadth metrics over a short time window, the FOMO Indicator helps traders gauge shifts in investor sentiment and positioning.
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
Get access to CarusoInsights indicators: carusoinsights.com/charting/
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
Get access to CarusoInsights indicators: carusoinsights.com/charting/
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。