PROTECTED SOURCE SCRIPT

Augmented Trend Indicator

This Pine Script code is designed to provide a trend indicator, augmented with buy and sell signals based on exponential moving averages (EMAs), alerts for specific price thresholds and EMA crossovers, as well as a feature to calculate the remaining days until the next Bitcoin halving. Here's a breakdown of the code:

### 1. **Indicator Setup:**
- The script is labeled "JDP&DG with Buy/Sell Signals" and overlays the indicator directly on the price chart.
- It allows user inputs for customizing EMA lengths and an ATR multiplier, which influences trend detection.

### 2. **Moving Averages & Trend Detection:**
- **EMAs:** Two EMAs are calculated—`emaFast` (fast-moving) and `emaSlow` (slow-moving) using the `ta.ema()` function.
- **Trend Differentiation:**
- The difference between the two EMAs (`emaDiff`) is used to identify bull or bear trends.
- A bull trend is defined as `emaDiff` being greater than the ATR multiplied by a user-defined factor.
- A bear trend is the inverse, where `emaDiff` is less than the negative ATR.
- **Colors:** The chart colors change depending on whether the trend is bullish (yellow), bearish (navy), or neutral (olive). These colors are used both for the lines and the area between the two EMAs.

### 3. **Buy and Sell Signals:**
- **Crossover Detection:** The code detects when the fast EMA crosses over or under the slow EMA:
- `buySignal`: Fast EMA crosses above the slow EMA.
- `sellSignal`: Fast EMA crosses below the slow EMA.
- **Plotting Signals:** Green triangles are plotted below the price bars to signal a buy, and red triangles are plotted above the bars to signal a sell.

### 4. **Price Alerts:**
- **Alert Conditions:** Alerts are set to trigger if the price reaches specific levels (e.g., 38,800 and 155,000).
- **EMA Crossover Alerts:** Alerts are also generated when the price crosses above or below a user-defined EMA.

### 5. **Bitcoin Halving Countdown:**
- **Halving Calculation:** The code calculates how many days are left until the next Bitcoin halving based on the block height.
- The function `daysToHalving()` computes the number of days remaining, assuming each block takes about 10 minutes to mine.
- **Current Block Height:** This variable is hardcoded as 823344, representing the current block height at the time of writing.

### 6. **Additional Elements:**
- The script also plots the close price (`plot(close)`) as an additional visual reference on the chart.
- A label that shows the calculated days to the next Bitcoin halving is commented out but can be activated by removing the comment marks.

### Summary:
This script combines several elements: trend detection using fast and slow EMAs, buy/sell signals based on EMA crossovers, specific price alerts, and a feature to calculate and display the remaining days until the next Bitcoin halving event. Additionally, it provides alerts when the price crosses the specified EMAs and plots visual indicators on the chart.
Moving AveragesPine utilitiesTrend Analysis

Korumalı komut dosyası

Bu komut dosyası kapalı kaynak olarak yayınlanmıştır ve özgürce kullanabilirsiniz. Bir grafikte kullanmak için favorilerinize ekleyebilirsiniz. Kaynak kodunu görüntüleyemez veya değiştiremezsiniz.

Bu komut dosyasını bir grafikte kullanmak ister misiniz?

Feragatname