Largest Market Cap Performance
Hey guys,
- This Table script imports the 20 largest market caps ticker data and creates a moving average to check if each is above their moving average or not.
- We all know how important these mega gargantuan compies are to the overall market. If they stall everything else stalls too.
- I also added a column to show how far these are above or below their moving averages, to see if things are overextended.
- This script is for the table only, but I also created a ribbon indicator showing at the bottom of the screen. I found this to be quite reliable and have built a strategy that trades these large caps based just on the ribbon.
- I will post that strat at some point in the future