Market Extremes – NYSE, NASDAQ & DOW Tick-Based Intraday Signals for Sierra Chart
Market Extremes is a ACSIL study for Sierra Chart that generates real-time overbought and oversold signals using NYSE, NASDAQ, and DOW tick data. Designed for intraday traders, it calculates dynamic thresholds using standard deviation or allows manual extreme levels, providing clear visual and alert-based cues for potential market reversals.
What Market Extremes Does:
- Monitors tick data from NYSE, NASDAQ, and DOW simultaneously
- Detects extreme market conditions in each tick and identifies when multiple markets reach overbought or oversold levels
- Generates buy (oversold) and sell (overbought) signals directly on the chart with configurable arrows and/or text labels
- Synchronizes signals with multiple charts to maintain accurate intraday context
Key Features:
-
Dynamic or Manual Thresholds:
Automatically calculate thresholds using standard deviation or set manual extreme values for each market independently. -
Multi-Market Signal Confirmation:
Signals only trigger when 2 or 3 markets simultaneously reach extreme levels, improving reliability. -
Custom Visual Alerts:
Arrows or rectangles and text labels are fully configurable -
Time Filter:
Restrict signal generation to specific intraday time windows. -
Bar-Close Option:
Generate signals only after the bar closes to reduce false entries.
Recommended Use:
- Markets: E-mini S&P 500, NASDAQ, DOW indices
- Timeframes: Time-based, Range, Volume, or Trades charts – Market Extremes works on any intraday chart type.
- Strategy Integration: Can be used alongside VWAP, Market Profile, support/resistance levels, or other analysis methods
Installation:
- Copy
MarketExtremes.dllinto your Sierra Chart → Data folder - Open Sierra Chart → Analysis → Studies → Add Custom Study
- Select Market Extremes – Trading Edge Resources
- Configure tick sources, thresholds, display, and time filter settings
🎯 Why Use Market Extremes:
Get a clear view of short-term extremes in NYSE, NASDAQ, and DOW tick data. The study provides actionable long and short signals with visual cues and alerts, helping intraday traders identify overextended market conditions and potential reversals.
🔐 Activation Note:
Requires your Sierra Chart Username for activation. Once submitted, the study is activated within 24 hours.
Find your SC Username under:Help → About → SC Username
Send your username to: contact@tradingedgeresources.com
Please note: All sales are final. Visual customization is supported; core calculations are protected and cannot be modified.