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Solar Breadth Table (Session-Open %)

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What This Indicator Does

This indicator provides a real-time intraday breadth snapshot for the U.S. solar sector, designed specifically to gate ENPH trades using sector confirmation rather than single-stock price action.

It answers one question only:

Is capital flowing into the solar sector today, or is ENPH moving alone?

Symbols Tracked

ENPH

FSLR

SEDG

RUN

SPWR

These represent leadership, laggards, and high-beta names within the solar complex.

How Breadth Is Calculated

Each symbol is evaluated using two intraday conditions:

% Change from Daily Session Open

Measures performance relative to the day’s full repricing, not the previous close

Normalizes overnight gaps and avoids false “green” signals after gap fades

Above / Below VWAP (Intraday)

Confirms whether institutional flow is supportive

VWAP is calculated on the active chart timeframe

A stock is considered participating only if it meets both conditions.

Visual Logic

Green % cell → Positive vs daily open

Red % cell → Negative vs daily open

YES / NO → Above or below VWAP

Symbol text color

Green → Positive and above VWAP (participating)

Red → Negative and below VWAP (weak)

Yellow → Mixed / caution

How to Use It (Recommended Rules)

≥ 3 participating stocks → Sector confirmation ON

≤ 2 participating stocks → No trend trades; fade strength only

This indicator is intended to be used alongside:

TAN (sector ETF)

ENPH 5-minute (structure)

ENPH 1-minute (execution)

Important Notes

% Change is measured from the daily open, not the previous close

This reflects today’s capital behavior, not overnight sentiment

Table position is anchored to the left side of the chart for execution visibility

Designed For

Intraday traders

Sector-confirmation strategies

Avoiding single-stock breakout traps

ENPH / solar relative-strength analysis

Disclaimer

This indicator is a decision filter, not a buy/sell signal.
Always combine with price structure, risk management, and broader market context.

Haftungsausschluss

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