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Indicator 04

Market Extremes

When NYSE and NASDAQ internals stretch at the same time, the market is usually done pushing.

Chart overlay · Intraday, 1m to 15m · ES, NQ, SPY, QQQ, any index chart

What it shows

How it reads the market

One exchange's tick can misfire; two stretching together is a market-wide extreme. Auto mode scales each threshold with a standard-deviation band, so 'extreme' adapts to the day's regime instead of using a stale fixed number.

Settings

SettingDefaultWhat it does
Tick symbols TICK, TICKQ, TICKI Remappable to your data feed; the third market is optional.
Threshold mode auto, 2 st.dev Self-calibrating bands, or manual levels per market.
Markets required 2 of 3 How many must stretch together before a signal prints.
Time filter 09:35 to 15:55 ET No signals in the open's chaos or the closing auction.

Everything is an input: colors, thresholds and time windows adjust from the indicator's settings panel, no code needed.

Built-in alerts

Set them once from TradingView's alert dialog and get notified on your phone, no chart-watching required.

Comes with the membership

The whole indicator suite is included with the paid plan, $20/month or $200/year. Subscribe, submit your TradingView username, and the scripts land in your TradingView library.

Founding offer: 50% off the first year, 6 days left.

Get full access

How to add it to your chart

  1. Request access above with your TradingView username (one request covers the whole suite).
  2. We grant it on TradingView, usually within 24 hours; TradingView notifies you.
  3. On your chart, open Indicators → Invite-only scripts and add Market Extremes.

$TICK symbols depend on your TradingView data plan; the inputs let you remap them to your feed.