PROTECTED SOURCE SCRIPT
已更新 Intermarket Analysis [DIGGERDOG]
Intermarket Analysis [DIGGERDOG]
The INTERMARKET ANALYSIS tool enables a comprehensive comparison of different markets such as Bonds, Currencies, Commodities, and Indices by comparing the current market value with a selected underlying asset. The script uses the RSI (Relative Strength Index) combined with various smoothing methods, offering a clear visual representation of trend extremes.
Key Features:
# Market Selection:
Choose from four major markets: Bonds, Currencies, Commodities, and Indices.
After selecting the market, you can analyze a specific underlying asset (e.g., bond futures, currency futures, commodities, or stock indices).
RSI Indicator with Smoothing:
Calculate the RSI based on the ratio between your chart and the selected underlying asset.
Choose from three different smoothing methods: SMA, EMA, or RMA.
Customize the periods for RSI and smoothing based on your preferences.
Visual Representation:
The oscillator is displayed as a clear line, with colors indicating growth or decline above and below the zero line.
Extremes such as overbought or oversold conditions are visually highlighted.
Threshold Lines:
Horizontal lines at 30, 50, and 70 indicate overbought and oversold regions.
Extreme Value Marking:
When enabled, overbought conditions (RSI > 70) are highlighted with a red background.
Oversold conditions (RSI < 30) are marked with a green background.
Market and Symbol Display:
A small table in the top-right corner displays the selected market and underlying symbol.
Use Cases:
Use this script to analyze intermarket correlations and relative strength.
Identify overbought or oversold conditions in different markets.
Choose between different smoothing methods to identify a clear trend without noise.
With the INTERMARKET ANALYSIS, you can easily and effectively analyze market trends across various markets. This is a powerful tool, useful for both beginner and advanced traders.
This description can be directly used in TradingView under your script. It provides a clear explanation of the script’s features and use cases in English. Let me know if you need any further adjustments!
The INTERMARKET ANALYSIS tool enables a comprehensive comparison of different markets such as Bonds, Currencies, Commodities, and Indices by comparing the current market value with a selected underlying asset. The script uses the RSI (Relative Strength Index) combined with various smoothing methods, offering a clear visual representation of trend extremes.
Key Features:
# Market Selection:
Choose from four major markets: Bonds, Currencies, Commodities, and Indices.
After selecting the market, you can analyze a specific underlying asset (e.g., bond futures, currency futures, commodities, or stock indices).
RSI Indicator with Smoothing:
Calculate the RSI based on the ratio between your chart and the selected underlying asset.
Choose from three different smoothing methods: SMA, EMA, or RMA.
Customize the periods for RSI and smoothing based on your preferences.
Visual Representation:
The oscillator is displayed as a clear line, with colors indicating growth or decline above and below the zero line.
Extremes such as overbought or oversold conditions are visually highlighted.
Threshold Lines:
Horizontal lines at 30, 50, and 70 indicate overbought and oversold regions.
Extreme Value Marking:
When enabled, overbought conditions (RSI > 70) are highlighted with a red background.
Oversold conditions (RSI < 30) are marked with a green background.
Market and Symbol Display:
A small table in the top-right corner displays the selected market and underlying symbol.
Use Cases:
Use this script to analyze intermarket correlations and relative strength.
Identify overbought or oversold conditions in different markets.
Choose between different smoothing methods to identify a clear trend without noise.
With the INTERMARKET ANALYSIS, you can easily and effectively analyze market trends across various markets. This is a powerful tool, useful for both beginner and advanced traders.
This description can be directly used in TradingView under your script. It provides a clear explanation of the script’s features and use cases in English. Let me know if you need any further adjustments!
版本注释
The comparison value can now be set individually and the symbol is displayed as the ‘top right’ label in the indicator.受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用，没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。