Market Sentiment Technicals by Carlos Chavez

A comprehensive visual tool that measures market sentiment by combining multiple indicators (RSI, Stochastic, CCI, Bull/Bear Power, MA, VWAP, Bollinger Bands, Supertrend, Linear Regression, Market Structure, etc.) into a unified sentiment meter.

This script includes:

Horizontal Sentiment Thermometer with clear Strong Bearish → Strong Bullish labels.

Dynamic Color Gradient for intuitive trend visualization (red → green).

Market Sentiment Oscillator with real-time divergence detection.

Technical Panel displaying oscillator and trend indicator readings with automatic normalization.

It’s designed for traders who want a quick and powerful overview of market strength and direction during intraday or swing sessions.
All credits and layout belong to Carlos C.

Inspired by LuxAlgo’s Market Sentiment concept.
This version is a complete re-implementation with unique visual improvements and logic optimizations by Carlos C.