This is our second script on TradingView. The script plots SP500 Index as a line on your Trading View Platform. Plotting the SPX line on your charts is a good visual to see how a stock is acting relative to the markets.
Instructions on How To Add this Script to Your TradingView Charting Platform
Step 0: Head over to tradingview.com/u/TraderLion/ Step 1: Add “Plotting SPX Line” to your Favorites by clicking “Add to Favorite Scripts” near the bottom of the page. Step 2: Click “Indicators” at the very top on TradingView. Under Favorites click “Plotting SPX Line” Step 3: Hover on the Indicator name (Plotting SPX Line) on your plot under legend and click the three dots (see screenshot). Under the “Move To” choose “New Pane Above”. Step 4: Done. You have now plotted the SPX Line on your Trading View Platform.
הערות שחרור
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1. Update chart to meet Pine Script House Rules 2. Update Study Name to TL's SPX Line
Hi, greatly appreciate if you could make one for Australia XJO?
may7ank
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Please update this script for other indexes as well.
FellowshipTrader2030
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Thank you for developing this! I plot it right on my existing chart so I can see when a stock decouples from the index. Right now F is in an inverse repationship to SPX.