Features

Dip Index Features

Tools like the Dip Index (DIPX) offer a way to assess market breadth by showing the percentage of assets trading above key moving averages—highlighting overbought or oversold conditions, spotting divergences, and signaling potential reversals.

These insights are not limited to a single asset class; they apply wherever trends form and sentiment shifts.

• Multiple Indices: Supports SP500, Nasdaq, DJI, Russel2000, and sector-specific S&P indices.

• Dynamic MA Selection: Choose from SMA, EMA, RMA, WMA, VWMA with configurable lengths.

• Visual Customization: Full control over colors, line styles, text size, and branding.

• Signal Markers: Triangle markers appear when exiting overbought/oversold zones.

• Gradient & Background Fill: Visual highlighting of extreme market conditions.

• Overlay Mode Option: Can display OB/OS background as chart overlay.