The Market Sector Scanner tracks 9 tickers simultaneously, displaying live readings from Momentum, RSI, MFI, DMI, and MACD in a color-coded grid. When all 5 indicators agree on a ticker, the background turns green or red. It works on any market and timeframe. Free on TradingView.
WHAT IT DOES
A 9-ticker, 5-indicator grid scanner that gives you a real-time heatmap of sector momentum across any combination of stocks, crypto, futures or forex.
The scanner displays a grid of 9 customizable tickers, each showing the current values of 5 indicators. The indicators and their bullish/bearish logic are: Momentum (above zero = bullish), RSI (above 50 = bullish), MFI (above 50 = bullish), DMI (DI+ minus DI- positive = bullish) and MACD (signal line crossover = bullish). All default to standard TradingView settings. Typically 14 for length, MACD at 12/26/9.
Each indicator cell turns green when bullish, red when bearish and blue when neutral. When all 5 indicators for a single ticker agree, that ticker’s name background turns green (all bullish) or red (all bearish). When indicators are mixed, the ticker background turns blue. This gives you an instant visual read on sector-wide momentum without having to analyze any individual chart.
You can set alerts for when the entire grid is all bullish or all bearish, and for when individual tickers show all bullish or all bearish signals across all 5 indicators. This lets you know the moment a sector or market aligns without having to watch the chart.
You can customize which tickers are scanned (stocks, crypto, futures, forex), the source of each indicator, the length of the indicator settings, smoothing parameters and the table position on the chart.
INTERPRETATION GUIDE
Set up separate chart layouts in TradingView for each sector you trade. The top 9 stocks in the S&P 500, the top 9 in the XLF, the top 9 cryptos by market cap, etc. When the entire grid for a sector turns green or red, it’s a strong sign of sector-wide momentum and trades in that direction carry higher probability. When the grid is mixed, expect choppy price action and wait for alignment before entering.
You can also use the grid to manage open positions. If the entire grid is still green or red in the direction of your trade, you can expect price to continue. As conflicting colors start to appear, the market is becoming indecisive, that’s a good time to tighten stops or exit.
CONFIGURATION
The scanner is fully customizable. Here are the indicator settings and their defaults.
GOOD TO KNOW
FREE ON TRADINGVIEW
Add it to your TradingView charts and start scanning multiple markets for sector-wide momentum today. No subscription required.
COMMON QUESTIONS
CHANGELOG
Added alerts for when the entire scanner grid is bullish or bearish, as well as alerts for individual tickers showing all bullish or all bearish signals.
Added alerts for when the entire scanner grid is green or red.
Added the ability to change the position of the table on the chart.
EXPLORE MORE
Free
9-indicator direction table for a single ticker. The sector scanner shows you which markets are trending. The direction table gives you deep multi-indicator consensus on the specific ticker you’re trading.
Free
Multi-ticker breakout scanner scoring trend strength across higher timeframes. Use alongside the sector scanner to see both indicator-based momentum and higher timeframe breakout strength for the same markets.
Free
Full 10-ticker screener with volume, volatility, oscillators, big candles, daily levels and VWAP. A more comprehensive single-ticker data scanner that complements the sector scanner’s multi-indicator grid.
