If you want more details for what the different internals are for the different exchanges, check out this article: tradebrigade.co/market-internals-for-each-index/
I left another comment from the other day. Added all these indicators. Trying to learn how to use this properly. Today and yesterday, gave me a lot more confidence in the market. Nice run up yesterday, Internals made it easy to see and when to wait for a pull back. Today market chopped sideways the whole day... Internals made it easy to see. Obviously the charts you can see a sideways trends, but this helped me recognize it a lot faster, and more conviction, to either trade edges or not enter. Thank you for this. Hopefully will come back in a month to give a last update for anyone who reads comments in the future. I have watched this video a couple times.
LOVE to hear how you are starting to layer context in the market to help make better decisions. This was a game changer in my own personal intraday analysis and CRITICAL to where I am now. Im glad the information is proving to be useful in your own strategy.
@@Abosultan2222 TRIN$ is an indicator that measures the advancers vs decliners in relationship to the advancers vs . The TICK is much more powerful in my oppinion. decliners volume relationship
All credits in terms of developing this methodology go to ShadowTrader. This video is an extension of his uses, and draws on our experience with the internals. Check out his channel here: ua-cam.com/users/shadowtrader01
Best video on market internals, without a doubt. I really benefited from the practical examples of seeing ADD, TICK, VOLD explained relative to different market days to learn what the indicators were reflecting relative to the price action. Well done!
Exceptional instructional video. You can always tell someone who knows what they're talking about when they can explain a complex idea in a simplified format so that the average person can understand. Thanks for taking the time to put this together and share the scripts. Second time I've watched this.
Excellent. This Gentleman is a VERY Good Teacher. Very few other individuals know how to explain this type, or any type of material. Appreciated, I will certainly log in into Tr Brig. Thanks
You need to broadcast live from a day where you aren't going to trade so you can show us how to read these live. I would pay for that Matt. Awesome job!
Dear coach , I have seen so many videos on " TICK indicator" and your video has been THE BEST so far ...I mean the case scenarios that you mentioned about TICK indicator was so awesome . Alos, the way you explained how to get those little small green dots ( arrow ) and small red arrows on TICK graph was so great ..... The best part of the video ( 25:20 -29)
@@TradeBrigade also , i just learned about put /call ratio $ CPC or $ PCALL and i tested today ( 11/14/2023 ) on spx zero DTE and it did help a lot .... it moves like VIX but more predictable ( fear vs greed )
my god man you content is fire. Can you do more videos like this. how to do technical analysis; best time frame, indicators and more. Subbed and i think UA-cam is pushing your video. LOL
Very interesting - thank you very much for the time and effort you put into sharing this - I bought my first shares 3 years ago and have never heard of these "internals" 🙏
This is so in depth, thank you for taking the time to go over all this in such details! I think one thing I'm not confident about is how to take action on these market internals real time. Most of the price action happens from market open to about 11:30am or during power hour. It seems the internals take some time for it to be evident which way the market is trending towards and what side of the trade to take. In the last example, when it became obvious that it was a negative trend day with VOLD
Speaks to context and helps broadly inform how bullish, or how bearish you should be on any given day at any given moment. There are some additional strategies to use on the open for gap days, balance days, etc...
I'm new to trading and find your videos extremely helpful and insightful. It's quite challenging to put "everything " together as it relates to trading. I know it will take time & patience. Again thank you!!
Thanks for checking in Ryan. I have faith youll be able to grasp it with some time in the seat. Time spent watching is the best teacher in the market. Stick with it!
All this is very important stuff. Right now I have to throw off all judgements as to it's importance. This is amazing stuff. It makes a lot more sense as you get more experience, Watching this kind of video could kill some investors curiosity. It absolutely requires the right mind set. I stayed glued to it from beginning to end. Cutting and pasting can be a bit of an odd task. Sometimes the software gets it's own ideas that day. For some reason you do it the next day and POOF!! It just works! Thanks for another amazing video.
Wow... What a great job you did in this video explaining market internals! I'm so glad this popped on my UA-cam suggestions! You just got another follower.
this was incredibly helpful,,i hope you will talk more on internals, the indexes and how to see where big waves are going,,,im a fan of always knowing the futures green or red before market open and seeing what the indexes are doing before any trades,,,,,,,,,this is great info!!! thank you
Cheers! You'll enjoy our pre market live streams. Every day live here on the channel at 8:15 eastern time. They get pulled down after the close, but they are open to the public and left up from 8:15-4pm EST
@@TradeBrigadedefinitely more than a nugget. If it’s a nugget it need to have gold wrapped around it. Such a beautifully made video. Explained so well and great visuals.
Thanks for checking it out! Also a new cumulative volume script available that makes understanding VOLD much simpler from a weekly net flow perspective. Overall any integration of internals into your routine should yield better results as you'll have a more holistic understanding of market conditions.
Fantastic video, I feel like I can understand the days price action so much better now. I've also coupled the $ADD with the weighted AD line study from shadowtrader, man its a full on pulse read on the market.
Would you give the corresponding ticker symbols for the Nasdaq and the Russel 2000 internals please? This is the best video I have seen on the internals so far and I have been searching far and wide.
I totally forgot to add that in at the end! The tickers to watch for the NASDAQ would be: $VOLDQ (Volume), $ADQD (Advance Decliner), $TICK/Q (Tick up vs down) and then the /NQ in place of the /ES! For /RTY you get $VOLRLD (Volume), $ADRLD (Advance Decliner), $TIKRL (Tick up vs down). Hope this helps!
Great video. Learnt a lot watching this. One question comes to mind. The $VOLD, $ADD, $TICK are internals for the stocks listed in the NYSE, which are some 2500+ stocks. If we use what is explained in this video to trade SPX, which is just 500 stocks, would $VOLSPD, $ADSPD, $TIKSP be more relevant since these track just the S&P500 ?
For sure! Its a more specific look just for the S&P. Personally I like seeing whats happening exchange wide, but you can make that adjustment and still have a broader view of the market than just looking at the SPY along.
Your content is awesome. I use a lot of what you've been kind enough to share daily. Thanks! The breadth bubbles are one of my most trusted indicators. Is there a way to chart the breadth bubbles so you can see the daily trend? Having a chart that shows the breadth bubble trend ratio throughout the day would be very useful.
Great tutorial, awesome, really helped to understand these core concepts. Two questions - you mentioned extreme oversold/overbought Ticks, are they akin to RSI indicator found on most of the platforms. Secondly, you demonstrated trading /ES based on internals on 15-minute charts. Do you suggest trading ES on 15 minutes because it can move a lot and the cost is huge.
The TICK is NOT like the RSI. It actually measure exchange level data. Not just a calculation on price and volume. For that reason it is even more powerful than the RSI indicator. I use the 15 minute chart to eliminate noise. I really wouldnt watch internals on anything less than a 5 minute time frame. Risk is always relative to reward.
Fantastic video. I am for sure going to start using these charts. I trade SPX almost exclusively. Would I want to use your same charts/indicators? Doesn't the NYSE move differently than the S&P500? Thanks again for the great video.
Hey Wood Crafter, I would say that this setup would be great for you. If you wanted to get slightly more dialed into the SPX, you could replace the ADD with the ADSPD which in essence looks at the advance decline ratio in the S&P500 only instead of all NYSE. Hope this helps!
Actually got time today to get to know this and learn what this is. So powerful! I wonder why I was hesitant all this while to take a look. I used to get overwhelmed when I used to see this screen in the weekly videos. But glad I took time out for this. GOLD!
Very helpful for getting a feel on the type of day on hand. If you know its a trend day, more likely to buy pullbacks. If you know its a range day, fade the extremes. Going without it is like flying blind!
Hi again Matt. I forgot to ask. Are the internals on the Nasdaq the same as the NYSE? If not what are they? I’m afraid you forgot to mention it at the end of the video. Thank you.
I totally forgot to add that in at the end! The tickers to watch for the NASDAQ would be: $VOLDQ (Volume), $ADQD (Advance Decliner), $TICK/Q (Tick up vs down) and then the /NQ in place of the /ES! For /RTY you get $VOLRLD (Volume), $ADRLD (Advance Decliner), $TIKRL (Tick up vs down). Hope this helps!
@@TradeBrigade Can I use the scripts you use in video for NASDAQ? In the video, you use $2000 $1500 $0 -$1500 1$2000 for $ADD and $1000 $0 1$1000 for $TICK. What should I use for NASDAQ?
@@TradeBrigade How do I modify your script for $TICK to $TICK/Q ( Tick Values and Distribution)? After I install your script, I noticed the bubble Hi and Lo still show $TICK values not $TICK/Q.
Thank you so much for this video. You are a really good teacher! I do have a question though. I was working on getting all the charts set up tonight and I followed the instructions exactly as best I can tell but I am not seeing the breadth bubbles or the TICK arrows even though I did the cut and paste from your website. Do you know what might be causing me to not get the full download happening? Thank you for any help you can give. I'm not sure if it TOS/Schwab are making changes or just what.
I did notice a change in the login screen. Shouldnt have any issues installing the scripts though. Are you copy and pasting into the custom code window? If so make sure to delete the first line that it automatically populates.
@@TradeBrigade Thank you. I re-installed them today and everything is fine. I must have missed either the first symbol, the # thing or last one on the script. I'm not sure what you mean by "custom code window" though. Is that the text area that we get the scripts from or something else? I had set up my grid space with everything else to look like yours then was putting the scripts on. Sorry for seeming dumb about the wording and custom code window. I'm visualizing a 4-chart grid as your custom code window and don't know if that's what you mean or not. But all seems fine. You are a really good teacher and I appreciate all you're doing for us all.
So you could say this is similar in concept to inter market analysis? This is reminiscent of a book called The Day Traders Advantage, this was a top down analysis of the market that you do on Sunday, I always wanted to find a way to do this in a chart so I appreciate it tremendously. Saves me hours now.
Hi Matt!, I have been a silent follower and one of your course students for quite sometime now. Thank you again for all the work and quality content you offer daily. Since ToS is not a broker alternative for many of us overseas, do you know if is it possible to get market internals on Interactive Brokers TWS?
I am not sure as I have never opened and account there. My recommendation would be to use the Tradingview platform to get the internals loaded up. The symbols are all the same. As a web based platform you shouldnt have any issues getting that loaded up.Let me know how it works out!
HI nice. Confused though...in one screen you have the charts under the Charts tab and in another under the Flexible tab. Which is correct/preferred? Thank you.
Either one works. They both function as the same grid of charts. I like flex grid so that I can adjust the height and width in disproportionate ways unlike the regular chart grid which is fixed at an evenly spaced ratio.
Appreciate it Kelly! Thanks for tuning in, always glad to see others finding the content helpful. Wishing you the best of luck in your trading journey, and hope to see you around the channel more often
Internals are mostly going to give you an idea of whats happening on an intraday basis, however paying attention to the overall divergences between the ADD and SPY should give you a feel for the 'strength' of the market over a few days time.
Good morning, Thank you for your valuable video. How to find market internal for NSE and how to set it in trading view ... which indicator available for trading view?...can you guide me
@@TradeBrigade thank you so much please make it combination Trick indicator and TRIN of Nifty ( Indian Stock market) for market internal analysis. Thanks a lot. Will wait for your trading view code.
Question: just added these tickers , and set them up . Just wantes to ask . Can patterns form on these tickers ? Like double bottoms. And also if i see a hammer on the bottom of a trend would it still be considered trend change?
I would not use TA on the market internals other than divergences between them and the market itself. EX. Market makes a higher high, ADD makes a lower high.
Hi I just started applying VOLD in my trading, recently I noticed something strange, I am not sure whether my understanding of this indicator is correct. For example, on 13 oct the ADD had significantly more down stock compared to upstock at 10.30am and upstock only became greater at 11am but the VOLD turned to positive at 10.30, so it got to be extremely high volume on upstock compare to downstock? noticed that ADD also climbed up from negative since market opened, wasn't sure whether the positive VOLD at 10.30 was due to more upstock compared to downstock or due to significantly greater vol on upstock, appreciate if you could shed some light on this
Hey Cedric! Thanks for the well thought out question. 1. Yes, fantastic observation. When the VOLD is divergent to the ADD, it means more volume is flowing into the upstocks which could possibly be a leading indicator for higher. Or vice versa. The trouble is, we dont know based on internals alone, if they are heavy weight stocks or some obscure stock in the S&P with .001% weighting. To combat this, always important to have a sector window up as well, and see if the heavy weight sectors are pushing higher on volume, or its the light weight sectors. 2. October 13 was the CPI day, and a COMPLETE outlier of a data point. I would not read into the significance of what happened that day to any major degree.
![How To Use Market Profile [START NOW] | Trading Tutorials](/img/n.gif)
If you want more details for what the different internals are for the different exchanges, check out this article:
tradebrigade.co/market-internals-for-each-index/
I left another comment from the other day. Added all these indicators. Trying to learn how to use this properly. Today and yesterday, gave me a lot more confidence in the market. Nice run up yesterday, Internals made it easy to see and when to wait for a pull back. Today market chopped sideways the whole day... Internals made it easy to see. Obviously the charts you can see a sideways trends, but this helped me recognize it a lot faster, and more conviction, to either trade edges or not enter. Thank you for this. Hopefully will come back in a month to give a last update for anyone who reads comments in the future. I have watched this video a couple times.
Also, layering in VP and TPO charts, just a better way to see market. One of your other videos.
LOVE to hear how you are starting to layer context in the market to help make better decisions. This was a game changer in my own personal intraday analysis and CRITICAL to where I am now. Im glad the information is proving to be useful in your own strategy.
This is by far the best and most well explained video I've found about learning market internals. Thank you so much for this.
My pleasure Andre. Thanks for taking the time to tune in and drop a comment.
lol that means you havent search youtube THAT much haha
If you've got questions, ask them down here! Let's generate a log and resource that you can reference in the future.
Thank you for this nice explanation. Is $TRIN an average indicator of $ADVFN- $DECN? Or what is the relationship between them?
@@Abosultan2222 TRIN$ is an indicator that measures the advancers vs decliners in relationship to the advancers vs . The TICK is much more powerful in my oppinion. decliners volume relationship
@@TradeBrigade How do I add two badges to compare them on the Thinkorswim screen, for example (SPY-QQQ) or (SPY-/ES) and so on
@@Abosultan2222 Are you looking for them side by side or literally the difference (subtraction) of the two?
@@TradeBrigade I'm looking for them side by side
All credits in terms of developing this methodology go to ShadowTrader. This video is an extension of his uses, and draws on our experience with the internals. Check out his channel here: ua-cam.com/users/shadowtrader01
Best video on market internals, without a doubt. I really benefited from the practical examples of seeing ADD, TICK, VOLD explained relative to different market days to learn what the indicators were reflecting relative to the price action. Well done!
Glad it was helpful! Thanks for tuning in and taking the time to leave some feedback!
Exceptional instructional video. You can always tell someone who knows what they're talking about when they can explain a complex idea in a simplified format so that the average person can understand. Thanks for taking the time to put this together and share the scripts. Second time I've watched this.
Appreciate it Bob! Thanks for tuning in (twice) and taking the time to drop a comment. Hope you had a great thanksgiving.
Excellent. This Gentleman is a VERY Good Teacher. Very few other individuals know how to explain this type, or any type of material. Appreciated, I will certainly log in into Tr Brig. Thanks
Happy to help!
I love the way you explain and break things down. I’m gonna become a member.
Love to hear it! Glad we were able to provide some value in the episode.
Best Market Internals Video in UA-cam 🙌🏻
Appreciate that Vignesh. Hope this serves your trading well.
@@TradeBrigade Thank You 😊👍🏻
You need to broadcast live from a day where you aren't going to trade so you can show us how to read these live. I would pay for that Matt. Awesome job!
Maybe one day!
Information overload on your UA-cam Channel... need to rewatch several of them. Awesome.
Glad you enjoy it! Thanks for tuning in and taking the time to drop a comment Flash. Stay green out there.
I'm happy that I found this video but also saddened that I didn't find it earlier...you guys are making amazing videos....thank you very much
Cheers! appreciate you checking out the tutorial and taking the time to leave a comment. Hope you have nothing but success with the platform.
By far the best video on ADD and TICK...thanks for putting it together.
Glad it was helpful! Appreciate the comment and wishing you nothing but green in 2022
Such a great explanation of market internals and how you can use these tools to have an edge! Thank you so much for this video
My pleasure. They are a game changing tool IMO and every trader should be using them!!
Dear coach , I have seen so many videos on " TICK indicator" and your video has been THE BEST so far ...I mean the case scenarios that you mentioned about TICK indicator was so awesome . Alos, the way you explained how to get those little small green dots ( arrow ) and small red arrows on TICK graph was so great ..... The best part of the video ( 25:20 -29)
Thanks a bunch for the feedback! Hope the internals have improved your trading journey immensely
@@TradeBrigade also , i just learned about put /call ratio $ CPC or $ PCALL and i tested today ( 11/14/2023 ) on spx zero DTE and it did help a lot .... it moves like VIX but more predictable ( fear vs greed )
my god man you content is fire. Can you do more videos like this. how to do technical analysis; best time frame, indicators and more. Subbed and i think UA-cam is pushing your video. LOL
Really appreciate that Kevin! Thanks for the suggestions I'll definitely consider adding them to the list. Hopefully the algo is picking it up!
thank you so much. This is the best video I have seen on Internals. So eloquent.
Thanks Navin! Appreciate the comment
Absolutely awesome!! April 27, 2023 was a positively trending day and that's why am here!!
Cheers! Glad the pieces of the puzzle are coming together.
You are such a great teacher! Thank you for this exceptional presentation on a rather complex topic.
My pleasuer Humma! Appreciate you tuning in and taking the time to drop a comment.
Market internals masterclass 🔥. Trying to add this to my trading, thank you! 💯🐐
Cheers CI! Definitely a staple to my style of analysis.
Very interesting - thank you very much for the time and effort you put into sharing this - I bought my first shares 3 years ago and have never heard of these "internals" 🙏
This is so in depth, thank you for taking the time to go over all this in such details!
I think one thing I'm not confident about is how to take action on these market internals real time. Most of the price action happens from market open to about 11:30am or during power hour. It seems the internals take some time for it to be evident which way the market is trending towards and what side of the trade to take.
In the last example, when it became obvious that it was a negative trend day with VOLD
Speaks to context and helps broadly inform how bullish, or how bearish you should be on any given day at any given moment. There are some additional strategies to use on the open for gap days, balance days, etc...
Always good to come back and get a refresher on the internals, iv had them for almost a year and there was so much I had forgotten!
Love to see it! Repetition and engraining the knowledge is key. Hope you have a great long weekend Chris
This video on the Market Internals was helpful!!
Glad to hear so Terry! Hopefully you can use it to stay on the right side of the trade on an intraday basis. Stay green!
I'm new to trading and find your videos extremely helpful and insightful. It's quite challenging to put "everything " together as it relates to trading. I know it will take time & patience. Again thank you!!
Thanks for checking in Ryan. I have faith youll be able to grasp it with some time in the seat. Time spent watching is the best teacher in the market. Stick with it!
Great explanation thank you for taking the time to do this. Just what was looking for
Glad it was helpful! Thanks for checking out the channel
All this is very important stuff. Right now I have to throw off all judgements as to it's importance. This is amazing stuff. It makes a lot more sense as you get more experience, Watching this kind of video could kill some investors curiosity. It absolutely requires the right mind set. I stayed glued to it from beginning to end. Cutting and pasting can be a bit of an odd task. Sometimes the software gets it's own ideas that day. For some reason you do it the next day and POOF!! It just works! Thanks for another amazing video.
Appreciate you tuning into the tutorial videos last night Anthony! Hope all is well in your trading.
Matt you're the GOAT! Thank You for all the educational videos.
You got it!
Incredibly insightful and expertly presented. Thank you for expanding my knowledge!
Cheers! Thanks for taking the time to come out to the tutorial and leave a comment.
Thanks Matt!!! Very easy to follow & set up! Great Job!!!
Making it through the tutorials I see! Hope they help along with the analysis and trading journey. Cheers to a crazy week
Thank you so much for sharing such a valuable information. I Love You 🙂
Thanks for this video. I think it's going to help me level up. Had to watch it a couple times but I have a great understanding.
Internals are truly a game changer! Best of luck implementing them reach back out in the comments section with any Qs.
You my friend are an excellent instructor. Thank you for this video.
Happy to help! thanks for tuning in
The best video on the topic! Amazing work bro..You have my allegiance..
Appreciate those compliments Melvi. Best of luck trading this week!
Brilliant! Always outstanding content from this channel.
Much appreciated!
GREAT material 👍 you are a good teacher 😄
Glad you think so! Appreciate the feedback, and wishing you nothing but trading success. Stay green!
Nice of you to credit ShadowTrader, but this video nicely distilled the quad into a clear explanation.
Glad it was helpful! Thanks for tuning in and taking the time to drop a comment.
Wow... What a great job you did in this video explaining market internals! I'm so glad this popped on my UA-cam suggestions! You just got another follower.
Appreciate it!
Im watching this after the TPO chart vid 3 years later!! Will these Internals work for futures as well, If so how?
They are for the NYSE or NASDAQ depending on how you configure them so yes. Read pinned comment for NASDAQ setup
thanks so much for you video, really good to understand
No problem! thanks for tuning in.
this was incredibly helpful,,i hope you will talk more on internals, the indexes and how to see where big waves are going,,,im a fan of always knowing the futures green or red before market open and seeing what the indexes are doing before any trades,,,,,,,,,this is great info!!! thank you
Cheers! You'll enjoy our pre market live streams. Every day live here on the channel at 8:15 eastern time. They get pulled down after the close, but they are open to the public and left up from 8:15-4pm EST
So glad you made this video! Excellent information
Appreciate it Brendan. Glad the info is valuable and applicable!
I’m watching this TWO YEARS later 😂😂
Finding some of the older nuggets I see!
I'm watching it 3 years later bro, priceless info
I’m 3 years in lol😂
@@TradeBrigadedefinitely more than a nugget. If it’s a nugget it need to have gold wrapped around it. Such a beautifully made video. Explained so well and great visuals.
Superb and the document with the other indexes was very helpful as I wanted to set one up for /NQ
Glad this helped!
Also check out this link: tradebrigade.co/market-internals-for-each-index/
I'll have to watch this again, this is good stuff - Thanks!
Thanks for checking it out! Also a new cumulative volume script available that makes understanding VOLD much simpler from a weekly net flow perspective.
Overall any integration of internals into your routine should yield better results as you'll have a more holistic understanding of market conditions.
Insanely GOOD info, very well explained, you are really a great teacher!!
Appreciate that Carlos!
Good, clear video on the internals. Thanks.
Glad it was helpful!
Fantastic video, I feel like I can understand the days price action so much better now. I've also coupled the $ADD with the weighted AD line study from shadowtrader, man its a full on pulse read on the market.
Nice Kyle! Glad the weighted AD is working well for you as well. I've heard nothing but good things about it!
Would you give the corresponding ticker symbols for the Nasdaq and the Russel 2000 internals please? This is the best video I have seen on the internals so far and I have been searching far and wide.
I totally forgot to add that in at the end! The tickers to watch for the NASDAQ would be: $VOLDQ (Volume), $ADQD (Advance Decliner), $TICK/Q (Tick up vs down) and then the /NQ in place of the /ES! For /RTY you get $VOLRLD (Volume), $ADRLD (Advance Decliner), $TIKRL (Tick up vs down). Hope this helps!
@@TradeBrigade Thank you very much!
Great video! Worth watching every minute.
So good! Thank you so much for this video. I needed some more explanation on this stuff!!! Thank you. Thank you!
Appreciate the positive feedback Kelly! Glad this was the information you needed to see and will hopefully help you out in your trading journey.
Thank you for posting it's so educational I greatly appreciate the knowledge from.this video I hope to see more
Appreciate you tuning in and leaving some feedback! Hope the internals can improve your trading and help you level up intraday. Cheers
Great video. Learnt a lot watching this. One question comes to mind. The $VOLD, $ADD, $TICK are internals for the stocks listed in the NYSE, which are some 2500+ stocks. If we use what is explained in this video to trade SPX, which is just 500 stocks, would $VOLSPD, $ADSPD, $TIKSP be more relevant since these track just the S&P500 ?
For sure! Its a more specific look just for the S&P. Personally I like seeing whats happening exchange wide, but you can make that adjustment and still have a broader view of the market than just looking at the SPY along.
Thank you for this video man.
My pleasure!
Great vid! Well explained and very helpful. Thank you
Glad you enjoyed it! Thanks for taking the time to leave some feedback. Much appreciated
Your content is awesome. I use a lot of what you've been kind enough to share daily. Thanks! The breadth bubbles are one of my most trusted indicators. Is there a way to chart the breadth bubbles so you can see the daily trend? Having a chart that shows the breadth bubble trend ratio throughout the day would be very useful.
there is! I have that one in the archives. Check this link here: tos.mx/!jhxIKwr4
If it doesnt work, reach out via the contact form on the site.
Thank you Matt 🙏🏻
Always a pleasure. Thanks for taking the time to check out the tutorial.
Excellent Video!
Thanks Danny! Glad you found it valuable
Very Helpful!!!!!
Thanks for tuning in Coach! Glad the video proved valuable
Excellent content. Great examples and clear presentation. This is the type of extra edge I have been looking for. Thank you!
Glad it was helpful!
Thanks really educational video.
Appreciate the comment Mitulmp! Thanks for stopping by.
Thanks for the thorough and clear explanation!
Question, though - do you use TRIN at all?
I personally do not use TRIN. The TICK paired with the VOLD makes more sense to me
Great tutorial, awesome, really helped to understand these core concepts. Two questions - you mentioned extreme oversold/overbought Ticks, are they akin to RSI indicator found on most of the platforms. Secondly, you demonstrated trading /ES based on internals on 15-minute charts. Do you suggest trading ES on 15 minutes because it can move a lot and the cost is huge.
The TICK is NOT like the RSI. It actually measure exchange level data. Not just a calculation on price and volume. For that reason it is even more powerful than the RSI indicator. I use the 15 minute chart to eliminate noise. I really wouldnt watch internals on anything less than a 5 minute time frame. Risk is always relative to reward.
Nother good one. Thank you Sir.
Definitely a key component of our analysis. Worth having the inside insight while trading.
Thank you sir for sharing 🙏.
You bet! Thanks for tuning in
Excellent video, Thank you for putting this out
My pleasure!
Fantastic video. I am for sure going to start using these charts. I trade SPX almost exclusively. Would I want to use your same charts/indicators? Doesn't the NYSE move differently than the S&P500? Thanks again for the great video.
Hey Wood Crafter, I would say that this setup would be great for you. If you wanted to get slightly more dialed into the SPX, you could replace the ADD with the ADSPD which in essence looks at the advance decline ratio in the S&P500 only instead of all NYSE. Hope this helps!
@@TradeBrigade Thanks for the pin pointing.📌
Great stuff! Ps any vids on long term tend reversal internals?
As in things that arent in this 'quad' setup? I really only keep an eye on RSP.
Fantastic content, thanks
Appreciate that! Hope you can put these concepts into use ASAP! Stay green out there.
Actually got time today to get to know this and learn what this is. So powerful! I wonder why I was hesitant all this while to take a look. I used to get overwhelmed when I used to see this screen in the weekly videos. But glad I took time out for this. GOLD!
Very helpful for getting a feel on the type of day on hand. If you know its a trend day, more likely to buy pullbacks. If you know its a range day, fade the extremes. Going without it is like flying blind!
Hi again Matt. I forgot to ask. Are the internals on the Nasdaq the same as the NYSE? If not what are they? I’m afraid you forgot to mention it at the end of the video. Thank you.
I totally forgot to add that in at the end! The tickers to watch for the NASDAQ would be: $VOLDQ (Volume), $ADQD (Advance Decliner), $TICK/Q (Tick up vs down) and then the /NQ in place of the /ES! For /RTY you get $VOLRLD (Volume), $ADRLD (Advance Decliner), $TIKRL (Tick up vs down). Hope this helps!
@@TradeBrigade Thanks Matt. Stay Awesome.
good stuff, very detailed video, thank you for this
My pleasure! Thanks for tuning in and dropping some feedback.
I'm gonna have to watch this a few times! Lots of new info for a dimwit like me. : )
It all comes with time! Stick with it and I think this layout will change your trading!
Priceless info! Ty
You got it! Thanks for stopping by
Great video brother, question. Do you look at $ADD & $TICK constantly while in a trade?
Not so much the ADD but certainly the TICK.
Unbelievable content.
Appreciate that Kahled. Thanks for taking the time to drop a comment.
@@TradeBrigade of course. definitely subbed and excited to check out the rest of the channel.
thank you
Can you make a video like this for NASDAQ?
Its the same thing. Just use the nasdaq internals: $VOLDQ (Volume), $ADQD (Advance Decliner), $TICK/Q (Tick up vs down) and then the /NQ
@@TradeBrigade $VOLDQ(Volume) doesn't works
@@JoyofArt Its $VOLQD - typo
@@TradeBrigade Can I use the scripts you use in video for NASDAQ? In the video, you use $2000 $1500 $0 -$1500 1$2000 for $ADD and $1000 $0 1$1000 for $TICK. What should I use for NASDAQ?
@@TradeBrigade How do I modify your script for $TICK to $TICK/Q ( Tick Values and Distribution)? After I install your script, I noticed the bubble Hi and Lo still show $TICK values not $TICK/Q.
Thank you so much for this video. You are a really good teacher! I do have a question though. I was working on getting all the charts set up tonight and I followed the instructions
exactly as best I can tell but I am not seeing the breadth bubbles or the TICK arrows even though I did the cut and paste from your website. Do you know what might be causing me to not get the full download happening? Thank you for any help you can give. I'm not sure if it TOS/Schwab are making changes or just what.
I did notice a change in the login screen. Shouldnt have any issues installing the scripts though. Are you copy and pasting into the custom code window? If so make sure to delete the first line that it automatically populates.
@@TradeBrigade Thank you. I re-installed them today and everything is fine. I must have missed either the first symbol, the # thing or last one on the script. I'm not sure what you mean by "custom code window" though. Is that the text area that we get the scripts from or something else? I had set up my grid space with everything else to look like yours then was putting the scripts on. Sorry for seeming dumb about the wording and custom code window. I'm visualizing a 4-chart grid as your custom code window and don't know if that's what you mean or not. But all seems fine. You are a really good teacher and I appreciate all you're doing for us all.
@@BJ-ci6yr No worries what so ever! As long as things are working, we're good to go. Let me know if any other issues come uo!
Great Video!!
Thanks! Glad you were able to take it in and pick up the concepts. Really revolutionized my own trading.
Good information thanks alot... but i wonder where do we get everything dat you talked about so dat it can help us.... please advice
Excellent!
Thanks for checking out the tutorial Onil!
Can you go over internals of 1/20- a very positive day (maybe in Wed video), but internals were showing a average day?
A bit late now. Will look out for examples in the future that meet this criteria.
So you could say this is similar in concept to inter market analysis? This is reminiscent of a book called The Day Traders Advantage, this was a top down analysis of the market that you do on Sunday, I always wanted to find a way to do this in a chart so I appreciate it tremendously. Saves me hours now.
Absolutely Jerry. This is looking behind the curtain if you will. Looking at the components that make up the market all in one dashboard.
Hi Matt!, I have been a silent follower and one of your course students for quite sometime now. Thank you again for all the work and quality content you offer daily. Since ToS is not a broker alternative for many of us overseas, do you know if is it possible to get market internals on Interactive Brokers TWS?
I am not sure as I have never opened and account there. My recommendation would be to use the Tradingview platform to get the internals loaded up. The symbols are all the same. As a web based platform you shouldnt have any issues getting that loaded up.Let me know how it works out!
HI nice. Confused though...in one screen you have the charts under the Charts tab and in another under the Flexible tab. Which is correct/preferred? Thank you.
Either one works. They both function as the same grid of charts. I like flex grid so that I can adjust the height and width in disproportionate ways unlike the regular chart grid which is fixed at an evenly spaced ratio.
Great info!
Glad it was helpful! Thanks for tuning in and taking the time to drop some feedback!
Continue to add to my trading toolbox through your videos. Excellent discovery. Is there similar market internals for NASDAQ? Thanks.
Absolutely. They are in the pinned comment I believe.
Appreciate the video! Can u help me out with the Tick script. Its saying invalid script at line 23. The if then statement.
No problem! Can you join the discord and send me a screen shot of the issue? Hard to troubleshoot it over YT comments.
I find the discord general chat useful
Thanks for the feedback. Appreciate you tuning in and being a member of the community.
Very well done
Thanks! Appreciate you coming out to the tutorial and taking the time to leave a note. Hope you have nothing but success with the market internals.
@@TradeBrigadesome days are puzzling. Like Days when cumulative tick is negative and AD line positive. You would think they should move together
LOVE THIS..... THANKS A LOT!
Glad you like it!
I bought the cumulative tick and I didn’t get the script for TOS , can you help me I have the receipt
Just sent you an email and refunded the duplicate!
Your videos are amazing!
I struggle with knowing how to understand these things and you explain so well and I can follow along. So helpful and informative.
Appreciate it Kelly! Thanks for tuning in, always glad to see others finding the content helpful. Wishing you the best of luck in your trading journey, and hope to see you around the channel more often
Excellent video! What timeframes to look at for Swing/Positional trading?
Internals are mostly going to give you an idea of whats happening on an intraday basis, however paying attention to the overall divergences between the ADD and SPY should give you a feel for the 'strength' of the market over a few days time.
Good morning, Thank you for your valuable video. How to find market internal for NSE and how to set it in trading view ... which indicator available for trading view?...can you guide me
All the same 'tickers' ($TICK $ADD $VOLD) are available in Tradingview. I have not coded the indicators for that platform.
@@TradeBrigade Sir can you help me to find that indicators in trading view..I didn't get find them... thanks
@@hasanurjaman3939 They do not exist in Tradingview. I will try to code them over the next week or so.
@@TradeBrigade thank you so much please make it combination Trick indicator and TRIN of Nifty ( Indian Stock market) for market internal analysis. Thanks a lot. Will wait for your trading view code.
Great video! Are the indicators available for tradingview?
Yes they are!
Question: just added these tickers , and set them up . Just wantes to ask . Can patterns form on these tickers ? Like double bottoms. And also if i see a hammer on the bottom of a trend would it still be considered trend change?
I would not use TA on the market internals other than divergences between them and the market itself. EX. Market makes a higher high, ADD makes a lower high.
Amazing video!! Strengthening my usage of market internals by adding $VOLD and ThinkScript youve provided. Thank you!!
Internals are seriously a game changer!
Hi I just started applying VOLD in my trading, recently I noticed something strange, I am not sure whether my understanding of this indicator is correct. For example, on 13 oct the ADD had significantly more down stock compared to upstock at 10.30am and upstock only became greater at 11am but the VOLD turned to positive at 10.30, so it got to be extremely high volume on upstock compare to downstock? noticed that ADD also climbed up from negative since market opened, wasn't sure whether the positive VOLD at 10.30 was due to more upstock compared to downstock or due to significantly greater vol on upstock, appreciate if you could shed some light on this
Hey Cedric! Thanks for the well thought out question.
1. Yes, fantastic observation. When the VOLD is divergent to the ADD, it means more volume is flowing into the upstocks which could possibly be a leading indicator for higher. Or vice versa. The trouble is, we dont know based on internals alone, if they are heavy weight stocks or some obscure stock in the S&P with .001% weighting. To combat this, always important to have a sector window up as well, and see if the heavy weight sectors are pushing higher on volume, or its the light weight sectors.
2. October 13 was the CPI day, and a COMPLETE outlier of a data point. I would not read into the significance of what happened that day to any major degree.