OPEN-SOURCE SCRIPT
UM Market Internals Table: TICK / PUT-CALL / ADV-DEC / VIX
MARKET INTERNALS DASHBOARD
Real-time intraday breadth, sentiment & volatility — all in one table
Inspired by John Carter's book, Mastering the Trade.
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SUMMARY
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A real-time dashboard that consolidates four key market internals into a single color-coded table overlay. Designed to give traders an at-a-glance read on intraday market breadth, sentiment, and volatility bias — all configurable to fit individual trading styles.
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INDICATOR PARAMETERS
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TICK — Measures the net number of NYSE stocks ticking up versus down at any given moment. A high positive reading signals broad buying pressure; a deeply negative reading signals broad selling. Extreme readings (climax buy / capitulation) often mark short-term exhaustion and potential reversals.
PUT/CALL RATIO — Tracks the ratio of put options traded relative to call options, interpreted on a contrarian basis. A high ratio reflects fear and heavy hedging (bullish signal); a low ratio reflects complacency and call-heavy positioning (bearish signal).
ADV-DEC (Advance/Decline) — Measures the number of advancing stocks minus declining stocks on the NYSE. Strong positive readings confirm broad participation in a rally; strong negative readings confirm broad-based selling. Extreme readings may signal breadth exhaustion.
VIX — Rather than using the raw VIX level, this indicator applies a user-selected moving average (SMA, EMA, WMA, or Nadaraya-Watson Estimator) and reads the direction of that average. A falling VIX MA is interpreted as bullish (fear subsiding); a rising VIX MA is interpreted as bearish (fear increasing). This is a directional bias signal, not a level-based threshold.
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HOW IT WORKS
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Each internal is fetched via request.security() on a user-defined timeframe (default 5-minute for TICK, Put/Call, and ADV-DEC). VIX is plotted on the chart's native timeframe.
TICK, Put/Call, and ADV-DEC are evaluated against configurable thresholds to produce a rating label (e.g. BUYING, NEUTRAL, SELLING). The label and its cell background are color-coded: green for bullish readings, red for bearish, and yellow for neutral or mixed conditions.
VIX bias is determined by the slope of the selected moving average. The Nadaraya-Watson Estimator (NWE) option uses a kernel-smoothed regression curve — a shorter bandwidth (h) produces a more reactive curve; a larger h produces a smoother one.
The table displays three rows per column: the indicator label (header), the live numeric value, and the current rating.
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DEFAULT SETTINGS
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Internals timeframe: 5-minute
TICK: Neutral |TICK| ≤ 200 | Buying/Selling ≥600/≤−600 | Extreme ≥1000/≤−1000 | Climax/Cap. ≥1200/≤−1200
Put/Call: Extreme bullish ≥1.10 | Bullish ≥0.90 | Neutral 0.65–0.85 | Bearish ≤0.55 | Extreme bearish ≤0.45
ADV-DEC: Neutral |ADV-DEC| ≤500 | Bullish/Bearish ≥800/≤−800 | Strong ≥2000/≤−2000 | Climax/Cap. ≥3500/≤−3500
VIX MA: Type EMA | Length 8 | NWE h/r/length 7.0/6.0/6
Table position: Bottom right | Alerts: Off by default
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SUGGESTED USES
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Trend confirmation — When TICK, ADV-DEC, and VIX all agree, treat it as confirmation of an intraday trend. Look for entries aligned with that trend on your primary chart.
Fade setups — Climax Buy on TICK + Extreme Bullish Put/Call can signal short-term exhaustion. TICK Capitulation + Extreme Bearish P/C can flag washout lows worth fading.
Breadth divergence — If price makes new highs but ADV-DEC is weakening, use this as a caution flag rather than a directional signal.
VIX directional bias — A sustained bearish VIX bias suggests wider stops and reduced long exposure. A bullish VIX bias supports a more aggressive long-side approach.
Timeframe alignment — Designed for 1-, 3-, or 5-minute charts. Raise the internals timeframe to 15 minutes if you see "unsupported resolution" errors.
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ALERTS
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16 alert conditions available — all off by default.
Step 1: Open Settings → Alerts group → toggle on desired alerts.
Step 2: Click the clock icon in TradingView → Create Alert → set condition to this indicator → pick the specific alert → save.
Alerts fire on bar close at threshold crossings only (not repeatedly).
Tip: right-click the table on your chart and select "Add alert."
Available alerts:
TICK: Buying, Extreme buying, Selling, Extreme selling, Capitulation
Put/Call: Bullish, Extreme bullish, Bearish, Extreme bearish
ADV-DEC: Bullish, Extreme bullish, Bearish, Extreme bearish, Capitulation
VIX: Bullish (MA turns down), Bearish (MA turns up)
Alert quick tip: right click the table and select Alert for quick setup.
Real-time intraday breadth, sentiment & volatility — all in one table
Inspired by John Carter's book, Mastering the Trade.
━━━━━━━━━━━━━━━━━━━━━━━
SUMMARY
━━━━━━━━━━━━━━━━━━━━━━━
A real-time dashboard that consolidates four key market internals into a single color-coded table overlay. Designed to give traders an at-a-glance read on intraday market breadth, sentiment, and volatility bias — all configurable to fit individual trading styles.
━━━━━━━━━━━━━━━━━━━━━━━
INDICATOR PARAMETERS
━━━━━━━━━━━━━━━━━━━━━━━
TICK — Measures the net number of NYSE stocks ticking up versus down at any given moment. A high positive reading signals broad buying pressure; a deeply negative reading signals broad selling. Extreme readings (climax buy / capitulation) often mark short-term exhaustion and potential reversals.
PUT/CALL RATIO — Tracks the ratio of put options traded relative to call options, interpreted on a contrarian basis. A high ratio reflects fear and heavy hedging (bullish signal); a low ratio reflects complacency and call-heavy positioning (bearish signal).
ADV-DEC (Advance/Decline) — Measures the number of advancing stocks minus declining stocks on the NYSE. Strong positive readings confirm broad participation in a rally; strong negative readings confirm broad-based selling. Extreme readings may signal breadth exhaustion.
VIX — Rather than using the raw VIX level, this indicator applies a user-selected moving average (SMA, EMA, WMA, or Nadaraya-Watson Estimator) and reads the direction of that average. A falling VIX MA is interpreted as bullish (fear subsiding); a rising VIX MA is interpreted as bearish (fear increasing). This is a directional bias signal, not a level-based threshold.
━━━━━━━━━━━━━━━━━━━━━━━
HOW IT WORKS
━━━━━━━━━━━━━━━━━━━━━━━
Each internal is fetched via request.security() on a user-defined timeframe (default 5-minute for TICK, Put/Call, and ADV-DEC). VIX is plotted on the chart's native timeframe.
TICK, Put/Call, and ADV-DEC are evaluated against configurable thresholds to produce a rating label (e.g. BUYING, NEUTRAL, SELLING). The label and its cell background are color-coded: green for bullish readings, red for bearish, and yellow for neutral or mixed conditions.
VIX bias is determined by the slope of the selected moving average. The Nadaraya-Watson Estimator (NWE) option uses a kernel-smoothed regression curve — a shorter bandwidth (h) produces a more reactive curve; a larger h produces a smoother one.
The table displays three rows per column: the indicator label (header), the live numeric value, and the current rating.
━━━━━━━━━━━━━━━━━━━━━━━
DEFAULT SETTINGS
━━━━━━━━━━━━━━━━━━━━━━━
Internals timeframe: 5-minute
TICK: Neutral |TICK| ≤ 200 | Buying/Selling ≥600/≤−600 | Extreme ≥1000/≤−1000 | Climax/Cap. ≥1200/≤−1200
Put/Call: Extreme bullish ≥1.10 | Bullish ≥0.90 | Neutral 0.65–0.85 | Bearish ≤0.55 | Extreme bearish ≤0.45
ADV-DEC: Neutral |ADV-DEC| ≤500 | Bullish/Bearish ≥800/≤−800 | Strong ≥2000/≤−2000 | Climax/Cap. ≥3500/≤−3500
VIX MA: Type EMA | Length 8 | NWE h/r/length 7.0/6.0/6
Table position: Bottom right | Alerts: Off by default
━━━━━━━━━━━━━━━━━━━━━━━
SUGGESTED USES
━━━━━━━━━━━━━━━━━━━━━━━
Trend confirmation — When TICK, ADV-DEC, and VIX all agree, treat it as confirmation of an intraday trend. Look for entries aligned with that trend on your primary chart.
Fade setups — Climax Buy on TICK + Extreme Bullish Put/Call can signal short-term exhaustion. TICK Capitulation + Extreme Bearish P/C can flag washout lows worth fading.
Breadth divergence — If price makes new highs but ADV-DEC is weakening, use this as a caution flag rather than a directional signal.
VIX directional bias — A sustained bearish VIX bias suggests wider stops and reduced long exposure. A bullish VIX bias supports a more aggressive long-side approach.
Timeframe alignment — Designed for 1-, 3-, or 5-minute charts. Raise the internals timeframe to 15 minutes if you see "unsupported resolution" errors.
━━━━━━━━━━━━━━━━━━━━━━━
ALERTS
━━━━━━━━━━━━━━━━━━━━━━━
16 alert conditions available — all off by default.
Step 1: Open Settings → Alerts group → toggle on desired alerts.
Step 2: Click the clock icon in TradingView → Create Alert → set condition to this indicator → pick the specific alert → save.
Alerts fire on bar close at threshold crossings only (not repeatedly).
Tip: right-click the table on your chart and select "Add alert."
Available alerts:
TICK: Buying, Extreme buying, Selling, Extreme selling, Capitulation
Put/Call: Bullish, Extreme bullish, Bearish, Extreme bearish
ADV-DEC: Bullish, Extreme bullish, Bearish, Extreme bearish, Capitulation
VIX: Bullish (MA turns down), Bearish (MA turns up)
Alert quick tip: right click the table and select Alert for quick setup.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
David Franck
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
David Franck
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.