Top Cap ADD%

This is a very basic oscillator that plots the average % change of the top 5 highest market cap stocks in the S&P500. It can be easily modified to suit your needs on which stocks you'd like to track, and or filter out the threshold you're looking for.

Release Notes

This is a very basic oscillator that plots the average % change of the top 6 highest market cap stocks in the S&P500. It can be easily modified to suit your needs on which stocks you'd like to track, and or filter out the threshold you're looking for.

The v2 update includes the following changes:

- Fixed a timeframe oversight, the original script forces you to the daily timeframe, you can now select the timeframe you want, this is brings much more versatility to both short term and long term traders.

- The limits are changed from integers to floats, this fixed oversight allows you to have much more control over the outliers you are looking for.

- I have also added to the list as it was certainly an oversight to not include it.

- Background is slightly more transparent by default for better visuals.

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

TraderCloudy

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Open-source script

TraderCloudy