OPEN-SOURCE SCRIPT
Atualizado 200 Week Moving Average Heatmap
200 Week Moving Average Heatmap
In each of its major market cycles, Bitcoin's price historically bottoms out around the 200 week moving average.
This indicator uses a colour heatmap based on the delta % changes of 200 week sma compare to 4 week ago 200 week sma.
It is a long term investment tool. It helps investors to monitor a changes in price. And see where is a bottom or top based on heatmap
How to read heatMap:
https://www.tradingview.com/x/PW9CYMKb/
Below a rainbow box which is a representation of heat map strength you can see current value score of price from -1 to 1
Also you can send those values with alert
Delta (you can plot it in settings):
https://www.tradingview.com/x/HteNNgZ3/
Top:
https://www.tradingview.com/x/OePeHpnS/
Bottom:
https://www.tradingview.com/x/J5QHEeiC/
Originaly it was Created By Plan B - @100trillionUSD, I just recreated it in Trading View without knowing a code, just have a formula, so it can have some inaccuracy compare to the original, but still it will work how it was designed.
In each of its major market cycles, Bitcoin's price historically bottoms out around the 200 week moving average.
This indicator uses a colour heatmap based on the delta % changes of 200 week sma compare to 4 week ago 200 week sma.
It is a long term investment tool. It helps investors to monitor a changes in price. And see where is a bottom or top based on heatmap
How to read heatMap:
https://www.tradingview.com/x/PW9CYMKb/
Below a rainbow box which is a representation of heat map strength you can see current value score of price from -1 to 1
Also you can send those values with alert
Delta (you can plot it in settings):
https://www.tradingview.com/x/HteNNgZ3/
Top:
https://www.tradingview.com/x/OePeHpnS/
Bottom:
https://www.tradingview.com/x/J5QHEeiC/
Originaly it was Created By Plan B - @100trillionUSD, I just recreated it in Trading View without knowing a code, just have a formula, so it can have some inaccuracy compare to the original, but still it will work how it was designed.
Notas de Lançamento
ColorsScript de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.