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RTY Hard Rule Matrix
RTY Hard Rule Matrix v2.0 - Release Notes
Release Date: March 12, 2026
Purpose: Russell 2000 (RTY) Trading Indicator
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🚀 What's New
Table Background Color 🆕
• Fully customizable table background
Table Position
• 9 positions: Top/Middle/Bottom × Left/Center/Right
Table Size
• Tiny, Small, Normal
Trend Text Toggle
• Switch between dots or text labels
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🎯 The 4 Tickers (For RTY)
This indicator tracks 4 tickers that drive Russell 2000 direction:
| Ticker | What It Is | Why It Matters for RTY |
| ------ | -------------------- | ------------------------------------------------ |
| IWM | Russell 2000 ETF | The actual small-cap index — RTY's ETF twin |
| KRE | Regional Banking ETF | Credit conditions — banks = economy = small caps |
| HYG | High Yield Bond ETF | Risk sentiment — spreads widening = bad for RTY |
| SMH | Semiconductor ETF | Tech sector health — risk-on = small caps rally |───
🔑 How They Work Together
RTY is Driven By:
1. IWM (Russell 2000 ETF) — Direct proxy. When IWM strengthens vs SPY, small caps are leading.
2. KRE (Regional Banks) — Small caps are economically sensitive. If banks are strong (KRE up), economy = good = RTY = good.
3. HYG (High Yield Bonds) — Credit conditions. When HYG falls (spreads widen), risk-off = RTY gets hit hard.
4. SMH (Semiconductors) — Risk-on indicator. When semis rally, small caps typically outperform.
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📊 Scoring for RTY
| Signal | IWM | KRE | HYG | SMH |
| ------- | ----- | ----- | ----- | ----- |
| Bullish | > PDH | > PDH | > PDH | > PDH |
| Bearish | < PDL | < PDL | < PDL | < PDL |Note: Unlike NQ matrix — ALL 4 tickers move WITH RTY (no inversions).
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Matrix States for RTY
| Score | State | Meaning for RTY |
| ----- | --------- | ------------------------------------ |
| +3/+4 | 🟢 GREEN | All aligned — Strong small cap rally |
| +1/+2 | 🟡 YELLOW | Mixed — Reduced size |
| 0 | ⚫ BLACK | Neutral — No edge |
| -1/-2 | 🟣 PURPLE | Weakness building |
| -3/-4 | 🔴 RED | Risk-off — Small caps under pressure |───
🐛 Bug Fixes
• Fixed table border rendering
• Fixed VWAP calculation timing
───
⚠️ Disclaimer
Educational purposes only. Not financial advice. RTY is more volatile than NQ/ES — use smaller position sizes. Trade at your own risk.
Release Date: March 12, 2026
Purpose: Russell 2000 (RTY) Trading Indicator
───
🚀 What's New
Table Background Color 🆕
• Fully customizable table background
Table Position
• 9 positions: Top/Middle/Bottom × Left/Center/Right
Table Size
• Tiny, Small, Normal
Trend Text Toggle
• Switch between dots or text labels
───
🎯 The 4 Tickers (For RTY)
This indicator tracks 4 tickers that drive Russell 2000 direction:
| Ticker | What It Is | Why It Matters for RTY |
| ------ | -------------------- | ------------------------------------------------ |
| IWM | Russell 2000 ETF | The actual small-cap index — RTY's ETF twin |
| KRE | Regional Banking ETF | Credit conditions — banks = economy = small caps |
| HYG | High Yield Bond ETF | Risk sentiment — spreads widening = bad for RTY |
| SMH | Semiconductor ETF | Tech sector health — risk-on = small caps rally |───
🔑 How They Work Together
RTY is Driven By:
1. IWM (Russell 2000 ETF) — Direct proxy. When IWM strengthens vs SPY, small caps are leading.
2. KRE (Regional Banks) — Small caps are economically sensitive. If banks are strong (KRE up), economy = good = RTY = good.
3. HYG (High Yield Bonds) — Credit conditions. When HYG falls (spreads widen), risk-off = RTY gets hit hard.
4. SMH (Semiconductors) — Risk-on indicator. When semis rally, small caps typically outperform.
───
📊 Scoring for RTY
| Signal | IWM | KRE | HYG | SMH |
| ------- | ----- | ----- | ----- | ----- |
| Bullish | > PDH | > PDH | > PDH | > PDH |
| Bearish | < PDL | < PDL | < PDL | < PDL |Note: Unlike NQ matrix — ALL 4 tickers move WITH RTY (no inversions).
───
Matrix States for RTY
| Score | State | Meaning for RTY |
| ----- | --------- | ------------------------------------ |
| +3/+4 | 🟢 GREEN | All aligned — Strong small cap rally |
| +1/+2 | 🟡 YELLOW | Mixed — Reduced size |
| 0 | ⚫ BLACK | Neutral — No edge |
| -1/-2 | 🟣 PURPLE | Weakness building |
| -3/-4 | 🔴 RED | Risk-off — Small caps under pressure |───
🐛 Bug Fixes
• Fixed table border rendering
• Fixed VWAP calculation timing
───
⚠️ Disclaimer
Educational purposes only. Not financial advice. RTY is more volatile than NQ/ES — use smaller position sizes. Trade at your own risk.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.