Market Action Pulse, VIX Mood Ri…: Free TradingView Indicator (Pine Script)

Add It to Your TradingView Chart

1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

Market Action Pulse, VIX Mood Ring & Risk Assessment Model combines Market Action Pulse state, McClellan breadth z-score, VIX Mood Ring status, and Risk Assessment Model hazard score. Users select symbols such as NASDAQ:QQQE or VIX, toggle confirmed bar usage, choose table position and size, and enable background tinting. The RAM component calculates hazard scores for targets like QQQE or RSP based on correction horizons and drawdown percentages. It monitors volatility and momentum across daily or other timeframes. Notable limit: when set to current bars, values repaint on the live bar.

Market Action Pulse
VIX Mood Ring
Risk Assessment Model
McClellan z-score
Dashboard table

Details

Published by

ChartsLector on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

Signals can change on the live bar or after it closes (repainting)

File

Market Action Pulse & VIX Mood Ring.txt

Repository

github.com/ChartsLector/TV-Indicators. See its other scripts in the library

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

Setting	Type	Default	Variable
Show combined dashboard table	`bool`	`true`	`showTable`
Dashboard position	`string`	`Top Right`	`tablePositionInput`
Table text size	`string`	`Small`	`tableTextSizeInput`
Market-health symbol	`symbol`	`NASDAQ:QQQE`	`healthSymbol`
Use completed daily/weekly bars only	`bool`	`false`	`tmhUseConfirmedBars`
McClellan breadth feed	`string`	`USI`	`mccBreadthFeed`
McClellan exchange	`string`	`Nasdaq (NA)`	`mccExchange`
McClellan timeframe	`timeframe`	`D`	`mccTimeframe`
McClellan fast EMA	`int`	`19`	`mccFastLen`
McClellan slow EMA	`int`	`39`	`mccSlowLen`
MSI EMA Length	`int`	`10`	`msiEmaLen`
NAMO/NYMO overbought threshold	`float`	`50.0`	`oscOverboughtLevel`

Show all 32 settings

Setting	Type	Default	Variable
NAMO/NYMO z-score lookback	`int`	`63`	`mccZScoreLen`
Tint chart background by Trend dashboard color	`bool`	`false`	`tmhShowBackground`
VIX symbol	`symbol`	`TVC:VIX`	`vixSymbol`
VIX3M symbol	`symbol`	`CBOE:VIX3M`	`vix3mSymbol`
VVIX symbol	`symbol`	`CBOE:VVIX`	`vvixSymbol`
SKEW symbol	`symbol`	`CBOE:SKEW`	`skewSymbol`
Volatility data timeframe	`timeframe`	`D`	`dataTimeframe`
Use completed volatility bars only	`bool`	`false`	`vmrUseConfirmedBars`
Tint chart background by VIX Mood color	`bool`	`false`	`vmrShowBackground`
Show Risk Assessment row	`bool`	`true`	`crmEnabled`
Primary RAM target	`string`	`Follow Market Pulse`	`crmTargetMode`
QQQE symbol	`symbol`	`NASDAQ:QQQE`	`crmQqqeSymbol`
RSP symbol	`symbol`	`AMEX:RSP`	`crmRspSymbol`
Show QQQE + RSP hazard scores	`bool`	`true`	`crmShowBothTargets`
Correction target (%)	`float`	`5.0`	`crmDrawdownPct`
Correction horizon (trading sessions)	`int`	`42`	`crmHorizon`
LOW hazard score	`float`	`20.0`	`crmL0MaxScore`
NORMAL hazard score	`float`	`40.0`	`crmL1MaxScore`
ELEVATED hazard score	`float`	`60.0`	`crmL2MaxScore`
HIGH hazard score	`float`	`80.0`	`crmL3MaxScore`

Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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