3-Daumen-Regel

This indicator evaluates three key market conditions and summarizes them in a compact table using simple thumbs-up / thumbs-down signals. It’s designed specifically for daily timeframes and helps you quickly assess whether a market is showing technical strength or weakness.

The Three Checks

Price Above the 200-Day SMA
Indicates the long-term trend direction. A thumbs-up means the price is trading above the 200-day moving average.

Positive Performance During the First 5 Trading Days of the Year (YTD Start)
Measures early-year strength. If not enough bars are available, a warning is shown.

Price Above the YTD Level
Compares the current price to the first trading day’s close of the year.

Color Coding for Instant Clarity

Green: Condition met

Red: Condition not met

This creates a compact “thumbs check” that gives you a quick read on the market’s technical health.

Note

The indicator is intended for daily charts. A message appears if a different timeframe is used.