PE – SI Trend

This indicator calculates the number of markets where the Taio indicator is above zero and divides it by the total number of markets to build an average percentage number of bullish and bearish markets inside the industry and the corresponding sector. The advantage is that you can trade into the direction of the industry and the sector.

SI – Trend parameters

Once your composite indicator is updated, you can click explore to get information about the strength of the industry and sector that belongs to each market.