OPEN-SOURCE SCRIPT
Telah dikemas kini Alchemy - Bubble Finder - Daily Indicator

This is the beginning of my bubble indicator.
This was just getting down the price component next update will include:
- Volume cross-verification - average volume peak increasing?
- Bars since high - most important piece
- Bubble ending alert, increased spacing between new highest bars.
This was just getting down the price component next update will include:
- Volume cross-verification - average volume peak increasing?
- Bars since high - most important piece
- Bubble ending alert, increased spacing between new highest bars.
Nota Keluaran
Fixing Gold Colouring IF StatementNota Keluaran
Thank you to Wilson IV I borrowed your code for distance to ATH. ;)Added If statement to compare average distance to ATH from x bars ago, to give us another indication of whether a bubble is starting to inflate.
I have removed the Bubble Alert for the time being but will add it in again later once I can get it to only run once.
Moving average color - one yellow = good - two yellow = very good - grey fill = GTF out
Next up is adding volume into the equation.
Nota Keluaran
Added volume component based on code used for Price ATH.Looks for ATH in volume and compares max to prior period.
If it is = or less then we know volume has not increased recently and so the bubble may be ending.
Dark colour = volume increasing and White = volume decreasing.
Nota Keluaran
Inequalities were wrong. conflicted on whether or not Indicators should only turn on when max becomes new ATH.Tip, if there isn't enough data to for the indicator to display you should go to the 4hr chart.
Nota Keluaran
I separated the script from the area indicators.Many of you were raging in my private messages about the plot area indicator being done like a complete idiot...
Here you are they are now separate.
I also included that sudden downward shifts in price will turn off the glow of bullishness, as we know sudden drops in price usually come in pairs so I tried to add that in using simple maths.
Happy trading.
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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.