Skills

Ibd Distribution Day Monitor

Detect IBD-style Distribution Days for QQQ/SPY (close down at least 0.2% on higher...

Install

npx skills add tradermonty/claude-trading-skills --skill ibd-distribution-day-monitor -g -a claude-code -y
Category
Engineering
Updated
3d ago
License
MIT
Context cost
Lightabout 1,199 tokens
Runs scripts
Yes, review before use

What it does

Detect IBD-style Distribution Days for QQQ/SPY (close down at least 0.2% on higher volume), track 25-session expiration and 5% invalidation, count d5/d15/d25 clusters, classify market risk (NORMAL/CAUTION/HIGH/SEVERE), and emit TQQQ/QQQ exposure recommendations. Use after market close, before TQQQ exposure changes, or as input to FTD/market-state frameworks. Does not execute trades.

IBD Distribution Day Monitor

Purpose

Detect IBD-style Distribution Days for major market ETFs (QQQ as Nasdaq proxy, SPY as S&P 500 proxy) and produce a daily market deterioration signal plus a TQQQ/QQQ exposure recommendation. Designed for post-market review.

When to Use

Invoke this skill:

  • Daily after the US market close.
  • Before increasing TQQQ exposure or rebalancing leveraged positions.
  • When evaluating whether an uptrend is becoming vulnerable to a correction.
  • As an upstream input to FTD (Follow-Through Day) detection or other market-state frameworks.

Do NOT use this skill to:

  • Execute trades or modify orders.
  • Generate discretionary market predictions outside of the IBD ruleset.

Inputs

  • Symbols (default: QQQ, SPY) and lookback (default 80 trading sessions).
  • Optional --as-of YYYY-MM-DD for backtesting against a historical session.
  • Strategy context: instrument (TQQQ or QQQ), current exposure %, base trailing stop %.
  • FMP API key via --api-key, config.data.api_key, or FMP_API_KEY env var (in that priority order).

Core Rules

A Distribution Day is detected when:

  1. Today's close is at least 0.2% below yesterday's close.
  2. Today's volume is greater than yesterday's volume.

A Distribution Day is removed from the active count when either:

  • More than 25 trading sessions have elapsed since the DD.
  • The index has gained 5% from the DD close (using post-DD high by default; configurable to close-source).

Today's DD is never invalidated immediately because there are no post-DD sessions to evaluate the 5% gain against.

Counting Conventions

  • d5_count / d15_count / d25_count count active records with age_sessions <= N.
  • This means N+1 sessions are inspected (age 0..N inclusive). Reports therefore say "within N elapsed sessions" rather than "直近 N 取引日" to avoid ambiguity.
Read the whole SKILL.md on GitHub

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