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Ford

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Overview
The "Ford Trading Assistant" is an indicator crafted to support traders during the fast-paced New York trading session. This tool overlays a customizable table on your chart, delivering real-time insights from key market internals—NYSE and Nasdaq Advance/Decline (A/D), Volume Difference (VOLD), and TICK—alongside a unique Trend Score and actionable trading instructions. Its innovative design blends multiple data points into a cohesive market analysis tool, offering visual clarity and contextual guidance to help traders navigate intraday momentum shifts.


Purpose and Usefulness
Unlike typical price-based indicators, the Ford Trading Assistant taps into broad market internals to reveal underlying sentiment and momentum, making it an essential companion for intraday trading in the New York session for ETFs such as SPY/QQQ/IWM and Futures Markets(ES/NQ/RTY). It’s ideal for scalpers, day traders, and swing traders looking to confirm trend strength, spot potential reversals, or avoid choppy conditions. The indicator’s dual-table interface—one for data and signals, another for instructions—provides a streamlined way to assess current market dynamics and anticipate what’s ahead, enhancing decision-making in real time.


How It Works
The indicator pulls live data from six critical market internals using a 1-second timeframe:

NYSE Advance/Decline (A/D) - Tracks the balance of advancing versus declining NYSE stocks.

Nasdaq Advance/Decline (A/D) - Monitors the same for Nasdaq stocks.

NYSE VOLD - Measures the net volume difference between buying and selling on the NYSE.

Nasdaq VOLD - Captures the equivalent for Nasdaq.

NYSE TICK - Gauges the net number of NYSE stocks ticking up versus down.

Nasdaq TICK - Reflects the same for Nasdaq.

These internals are analyzed to determine their trend state (e.g., bullish, bearish, or neutral), displayed with color-coded backgrounds and emojis for instant recognition. The indicator then:

Assesses Trend Conditions: Evaluates the alignment of internals to identify varying degrees of bullish or bearish momentum, reflected in bar colors on the chart.

Calculates a Trend Score: Combines the strength of all internals into a single, proprietary metric that summarizes market direction and intensity.

Generates Signals: Detects changing states in market internals like reversals, acceleration, exhaustion, divergence, breakouts, and mean reversion, presented with directional cues and timestamps.

A separate instruction panel interprets these conditions, delivering guidance tailored to the market’s current state—whether it’s trending strongly, leaning one way, or stuck in divergence—helping traders understand the auction’s behavior and adjust their approach.

Internal Signals and Their Role
Each internal signal plays a distinct role in confirming the market’s current state and the conditions you’re trading into:

NYSE and Nasdaq A/D: Reflects market breadth. Strong positive readings indicate widespread buying interest, while negative readings suggest broad selling pressure, helping confirm if a move has solid participation.

NYSE and Nasdaq VOLD: Tracks volume momentum. High positive values signal aggressive buying, while deep negatives point to heavy selling, validating whether price action is supported by volume.

NYSE and Nasdaq TICK: Captures short-term sentiment. Extreme values highlight overbought or oversold conditions, offering clues about potential continuation or exhaustion.
How Signals Confirm Conditions

Trend Score: A positive score suggests bullish control, a negative score indicates bearish control, and a neutral score points to indecision. It acts as a quick gauge of overall market health with a low score of -24 and a max score of +24 with calculations based on overall internal conditions.

Reversal: Warns of potential trend shifts, triggered by significant changes in momentum or conflicting internals. Useful for exiting trends or preparing for counter-moves.

Acceleration: Highlights strengthening momentum, confirming conditions for trading a trend with confidence.

Exhaustion: Flags overextended moves, signaling fading momentum—ideal for profit-taking or fading trades.

Divergence: Indicates a disconnect between price and internals, cautioning against chasing moves that lack internal support.

Breakout: Identifies sharp momentum surges, confirming conditions for high-probability breakout trades.

Mean Reversion: Signals a pullback from extremes, suggesting a return to balance for range-bound strategies.

How to Use It
Add to Chart: Apply the indicator to any symbol (e.g., SPY, QQQ) on a 1-second or higher timeframe. It displays an "Internals Table" (default bottom right) and an "Instructions" panel (top right).

Track Internals: Watch the table for real-time data, trend states, and the Trend Score. The Bar colors also reflect the strength of bullish or bearish conditions.

Read Instructions: Use the instruction panel to understand the market’s state—e.g., "Trending Bullish" suggesting buying conditions, while "Diverging" would suggests caution.

Leverage Signals: Act on signals like "Breakout" or "Exhaustion" to enter new trades, exit old trades, manage current trades or continue to remain sidelined. Adjust table settings (position, size, colors) via inputs.

Pair with Price: Combine with your favorite price tools (e.g., support/resistance) to align internals with chart setups.

Customization
Modify the lookback period (default 100 bars), table orientation (vertical/horizontal), text size, colors, and transparency to fit your workflow.

Limitations
  • Requires real-time NYSE/Nasdaq data, which may depend on your TradingView plan.
  • Signals reflect current conditions, not future predictions, and may lag in extreme volatility.
  • Best used alongside price analysis for a complete trading strategy.
  • Requires a TradingView Subscription that supports the 1s Time Frame


Why It’s Original
The Ford Trading Assistant stands apart by integrating NYSE and Nasdaq internals into a unified, trader-friendly tool with a custom Trend Score and dynamic instructions. Rather than simply mashing up existing indicators, it offers a fresh approach to interpreting market momentum, enhanced by real-time signal detection and actionable guidance—making it a standout assistant for the New York session.
版本注释

  • Added new conditions to the instruction text to simplify market condition understanding

  • Added visual ques to A/D and Vold Readings making the background color red with a bear emoji when declining and green when improving with a bull emoji. This updates every 5 minutes on default (can be changed in the settings). This helps the users see immediate change in internals.

  • Added additional divergence checks based on percentage change in internal readings. A warning label will display when a sudden change occurs in readings.

  • Organized Input settings and added Tool tips in the settings
版本注释
- Removed the instruction table
- Removed the Breakout, Divergence and Mean Reversion Signals
- Updated the Exhaustion signal to function off of tick
- Updated the trend score which ranged from -24 to +24. It now ranges from -100 to +100 (red if negative and green if positive)
- Updated the raw readings for A/D to include the change throughout the session displayed as percentage change since open to help justify market reversals and trends
- Added a the daily rolling average for our internal readings to improve decision making on how healthy the session is relative to historical past
-simplified the trend readings into 1 reading knowing as Market Sync. Which will tell the trader the overall market conditions based on internal readings
- Added a volatility indicator based on market internal conditions to help determine how strong a trend is and how safe the environment is.
版本注释
Minor text updates on the table
版本注释
Table text updates for conditions to market sync
版本注释
Added updates to the trend score to factor in real time change in A/D and Vold.

This change will also help smooth the score as well.
版本注释
Updated the Trend Score weightings and how the Candle colors reflect the trend score now and not just the market sync.

The 4 trend stages are now based on the changes in our trend score. As the trend score gets stronger (which reflects internal readings). The darker green the candle colors. As trend score weakens.. the darker red the candle colors will get.

Given that trend score is a blend of historical internal readings and real time internal levels and changes. It will better reflect visually how the market dynamics are changing in real time.

Additionally, I added a switch to simplify the ford tables display to just our 3 signals, conditions, trend score and volatility risk

免责声明

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