OPEN-SOURCE SCRIPT
Telah dikemas kini Simplified Crypto Fear & Greed Display
A more simplified view of a Fear & Greed index.
This script has been made public because it uses Trading Psychology - Fear & Greed Index by DGT as the basis/inspiration for it.
I've re-imagined the visuals in order to display F&G data differently to the more traditional versions of the indicator floating around, as well as adapting it's calculations and reference assets for use with Crypto markets.
It's aim is to show the current status / mindset of market participants at a quick glance.
When there is a lot of fear in the market it is usually a good time to look for buying opportunities.
On the flip side you can use it to spot selling opportunities when there is too much greed / FOMO in the markets.
This indicator has the option for Traditional and Crypto markets.
The Traditional option uses the tickers VIX and GOLD as part of it's calculations, where as Crypto uses BVOL24H and BTC.D in order to base it's decisions off of more relevant data.
There are also 10 levels of smoothing so play around with that to get the desired result. Depending on the asset you are looking at, smoothing of 1 or 2 may work much better than 5+
Have a play around, customize it, use it and let me know what you think.
This script has been made public because it uses Trading Psychology - Fear & Greed Index by DGT as the basis/inspiration for it.
I've re-imagined the visuals in order to display F&G data differently to the more traditional versions of the indicator floating around, as well as adapting it's calculations and reference assets for use with Crypto markets.
It's aim is to show the current status / mindset of market participants at a quick glance.
When there is a lot of fear in the market it is usually a good time to look for buying opportunities.
On the flip side you can use it to spot selling opportunities when there is too much greed / FOMO in the markets.
This indicator has the option for Traditional and Crypto markets.
The Traditional option uses the tickers VIX and GOLD as part of it's calculations, where as Crypto uses BVOL24H and BTC.D in order to base it's decisions off of more relevant data.
There are also 10 levels of smoothing so play around with that to get the desired result. Depending on the asset you are looking at, smoothing of 1 or 2 may work much better than 5+
Have a play around, customize it, use it and let me know what you think.
Nota Keluaran
Slight code cleanup/fixSkrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.