OPEN-SOURCE SCRIPT
Güncellendi Market Leadership Network [NeuralMarkets]
Markets rarely move as one.
Some stocks quietly take control long before the index reacts.
Sometimes NVDA leads AI. Sometimes Financials quietly take over. Sometimes the entire market rotates beneath the surface while the index barely moves.
Most indicators measure price.
This indicator measures leadership.
Think of the market as a network.
Every asset influences something.
Some lead.
Some follow.
Some simply react.
Market Leadership Network transforms a group of symbols into a directed influence network and continuously asks one question:
Who is driving the market right now?
Rather than comparing relative strength, the model studies lead–lag relationships between assets and identifies where influence appears to originate.
What you'll see
Current Driver
The asset currently exhibiting the strongest outbound influence across the selected universe.
Not necessarily the strongest performer......the strongest leader.
Leadership Board
Every symbol is ranked from Leader to Follower using network influence instead of simple performance.
Leadership changes can occur even when prices remain relatively unchanged.
Leadership History
Markets don't always rotate every day.
Some leaders dominate for weeks.
Others briefly emerge before fading.
Leadership History shows how persistent each leader has been across the selected lookback window.
Influence Map
Once a leader emerges...
Which assets begin following?
The influence panel visualizes the strongest directional relationships currently detected within the network.
Why this is different
Traditional indicators ask:
"Is this stock strong?"
Market Leadership Network asks:
"Is this stock leading everyone else?"
Those are very different questions.
Built on Graph Theory
Internally, the indicator models the selected symbols as a weighted directed graph.
Lead–lag relationships become network connections.
Graph analytics are then used to estimate:
• Leadership
• Followers
• Influence concentration
• Rotation dynamics
• Leadership persistence
No prediction model.
No black-box AI.
Just quantitative network analysis applied to financial markets.
Ideal For
• Sector rotation research
• Technology leadership
• Heavyweight stock analysis
• Cross-asset studies
• Market structure research
• Quantitative experimentation
A note on interpretation
Leadership is relative, not absolute.
The rankings depend entirely on the selected group of assets.
The indicator is designed to explore market structure—not to generate automatic buy or sell signals.
Think of it as a microscope for understanding who is moving the market, rather than another indicator telling you where price should go next.
.................................................................................................................
Built with NeuralMarkets Network Toolkit
The indicator is powered entirely by the open-source NeuralMarkets Network Toolkit, a graph analytics library for Pine Script that provides reusable network algorithms, centrality measures, clustering metrics and financial graph primitives.
Some stocks quietly take control long before the index reacts.
Sometimes NVDA leads AI. Sometimes Financials quietly take over. Sometimes the entire market rotates beneath the surface while the index barely moves.
Most indicators measure price.
This indicator measures leadership.
Think of the market as a network.
Every asset influences something.
Some lead.
Some follow.
Some simply react.
Market Leadership Network transforms a group of symbols into a directed influence network and continuously asks one question:
Who is driving the market right now?
Rather than comparing relative strength, the model studies lead–lag relationships between assets and identifies where influence appears to originate.
What you'll see
Current Driver
The asset currently exhibiting the strongest outbound influence across the selected universe.
Not necessarily the strongest performer......the strongest leader.
Leadership Board
Every symbol is ranked from Leader to Follower using network influence instead of simple performance.
Leadership changes can occur even when prices remain relatively unchanged.
Leadership History
Markets don't always rotate every day.
Some leaders dominate for weeks.
Others briefly emerge before fading.
Leadership History shows how persistent each leader has been across the selected lookback window.
Influence Map
Once a leader emerges...
Which assets begin following?
The influence panel visualizes the strongest directional relationships currently detected within the network.
Why this is different
Traditional indicators ask:
"Is this stock strong?"
Market Leadership Network asks:
"Is this stock leading everyone else?"
Those are very different questions.
Built on Graph Theory
Internally, the indicator models the selected symbols as a weighted directed graph.
Lead–lag relationships become network connections.
Graph analytics are then used to estimate:
• Leadership
• Followers
• Influence concentration
• Rotation dynamics
• Leadership persistence
No prediction model.
No black-box AI.
Just quantitative network analysis applied to financial markets.
Ideal For
• Sector rotation research
• Technology leadership
• Heavyweight stock analysis
• Cross-asset studies
• Market structure research
• Quantitative experimentation
A note on interpretation
Leadership is relative, not absolute.
The rankings depend entirely on the selected group of assets.
The indicator is designed to explore market structure—not to generate automatic buy or sell signals.
Think of it as a microscope for understanding who is moving the market, rather than another indicator telling you where price should go next.
.................................................................................................................
Built with NeuralMarkets Network Toolkit
The indicator is powered entirely by the open-source NeuralMarkets Network Toolkit, a graph analytics library for Pine Script that provides reusable network algorithms, centrality measures, clustering metrics and financial graph primitives.
Sürüm Notları
Minor aesthetic updatesAçık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
Machine-learning market structure & forecast levels. Publishing levels before the markets move. Educational only.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
Machine-learning market structure & forecast levels. Publishing levels before the markets move. Educational only.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.