MastersOfTrading

MoT - [Analyst] - S&P 500 Stock Excluder

**THE INDICATOR**

This is our interesting SPX Stock Excluder Indicator. Exclude any stock from the S&P 500 and the Indicator will plot the SPX (minus the chosen stock/s to exclude).

* Please make sure the stock is part of the index, or it wont work correctly.


**THE CHART**

S&P500 on the 4HR Time Frame


**ON THE CHART INDICATORS**

- On the chart we have our ATR-filtered Exponential Moving Average. It either plots further away from price or closer to price, the higher or lower the current ATR is compared to recent history.

- Also on the Chart we have our Sessions Indicator which allows you to add backgrounds for certain Trading Sessions so you can have a good gauge what Session is driving the Market.

- Again on the main chart, we have our Zig Zag Supply/Demand visual indicator.

- Below the official SPX you will see the adjusted S&P with the stocks removed that you have chosen in the settings of the Indicator.


**MASTERS OF TRADING**

Many Thanks and Trade Safe!

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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