Thirdeyechart Index Weekly Doomsday

Index Weekly – Version 3 (Dynamic Strength Ranking)

The Index Weekly Dynamic Ranking Version is a professional TradingView indicator designed to give traders a real-time, high-level view of global index momentum. Unlike static tables, this version dynamically ranks indices by weekly strength, placing the strongest index at the top and the weakest at the bottom. Each symbol is displayed with color-coded values—blue for positive weekly momentum, red for negative—making it immediately clear which markets are performing strongly and which are under pressure.

This indicator calculates weekly percentage changes for all selected indices using:
pct_week = ((close_week – open_week) / open_week) * 100

The results are compiled into a ranked table, so symbols automatically reorder themselves based on current strength. This dynamic ranking allows traders to quickly spot the most dominant indices and adjust their strategy accordingly. The table is fully visual and easy to read, with distinct coloring for up and down momentum, providing both clarity and speed for decision-making.

The version is ideal for traders who want to combine global macro perspective with technical setups, as it shows not only the direction of individual indices but also which markets are leading or lagging. By following the strongest index first, traders can align their positions with global momentum rather than relying on a single static chart.

This approach makes weekly index tracking more technical, more advanced, and closer to an institutional-style dashboard, similar to what professional terminals like Bloomberg offer, while remaining lightweight and easy to use on TradingView.

Disclaimer

This tool is for educational and analytical purposes only. It does not provide buy/sell signals or financial advice. Trading involves risk, and all decisions remain the responsibility of the user.
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