OPEN-SOURCE SCRIPT
ETH MASTER v1
ETH MASTER v1 is a comprehensive indicator designed specifically for Ethereum trend tracking, cost analysis, and momentum evaluation.
It combines multiple analytical layers into a clean, easy-to-read system suitable for both beginners and experienced traders.
Features
✔ EMA Trend System
Plots EMA20 and EMA50
Generates Bull Cross and Bear Cross labels when EMA20 crosses above or below EMA50
Helps identify short–mid term trend direction shifts
✔ Average Cost Line
Displays the user-defined average entry price
When price drops below the average cost, a risk warning background is activated
✔ Trend Background Coloring
Green background during bullish conditions
Red background during bearish conditions
Dark-red background when price is below the user’s cost (high-risk zone)
✔ Trend Power (0–100 Score)
A normalized momentum score derived from the distance between EMA20 and EMA50
Higher values = stronger trend
Lower values = weaker momentum or consolidation
✔ Built-in Alert Conditions
Bull Cross Alert: EMA20 crosses above EMA50
Bear Cross Alert: EMA20 crosses below EMA50
Below Cost Alert: Price falls under the average cost
Purpose
ETH MASTER v1 provides a clear, structured view of Ethereum’s market behavior.
It simplifies trend analysis, identifies momentum shifts, and highlights risk zones.
Ideal for long-term ETH tracking, portfolio monitoring, and disciplined trading strategies.
It combines multiple analytical layers into a clean, easy-to-read system suitable for both beginners and experienced traders.
Features
✔ EMA Trend System
Plots EMA20 and EMA50
Generates Bull Cross and Bear Cross labels when EMA20 crosses above or below EMA50
Helps identify short–mid term trend direction shifts
✔ Average Cost Line
Displays the user-defined average entry price
When price drops below the average cost, a risk warning background is activated
✔ Trend Background Coloring
Green background during bullish conditions
Red background during bearish conditions
Dark-red background when price is below the user’s cost (high-risk zone)
✔ Trend Power (0–100 Score)
A normalized momentum score derived from the distance between EMA20 and EMA50
Higher values = stronger trend
Lower values = weaker momentum or consolidation
✔ Built-in Alert Conditions
Bull Cross Alert: EMA20 crosses above EMA50
Bear Cross Alert: EMA20 crosses below EMA50
Below Cost Alert: Price falls under the average cost
Purpose
ETH MASTER v1 provides a clear, structured view of Ethereum’s market behavior.
It simplifies trend analysis, identifies momentum shifts, and highlights risk zones.
Ideal for long-term ETH tracking, portfolio monitoring, and disciplined trading strategies.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.