INVITE-ONLY SCRIPT
Gold Spotter
goldtrader.substack.com
Two “Baskets” of Data
The script constructs two composite values (one green, one red) by fetching certain currency-related data in the background. Each composite is normalized over a lookback period so both lines map into a 0–100 range.
Weighting by Another Security’s Trend
A ratio is calculated from the chart’s own price vs. its moving average. That ratio is raised to a specified “power” (configured by the user), then used to scale each composite. This means if the price is above its average, both lines can be inflated; if below, both lines can be suppressed.
What the Lines Represent
Green Line: Represents a “pegged basket” index. (A small group of instruments that historically move in a certain way relative to Gold.)
Red Line: Represents an “exotics basket” index. (A different group of instruments that also has a meaningful relationship to Gold.)
What Is It Predicting
By measuring hidden relationships between these two baskets and weighting them by the chart’s trend, the green/red lines often provide an early read on which direction Gold might take next usually leading by 3-7 days.
Two “Baskets” of Data
The script constructs two composite values (one green, one red) by fetching certain currency-related data in the background. Each composite is normalized over a lookback period so both lines map into a 0–100 range.
Weighting by Another Security’s Trend
A ratio is calculated from the chart’s own price vs. its moving average. That ratio is raised to a specified “power” (configured by the user), then used to scale each composite. This means if the price is above its average, both lines can be inflated; if below, both lines can be suppressed.
What the Lines Represent
Green Line: Represents a “pegged basket” index. (A small group of instruments that historically move in a certain way relative to Gold.)
Red Line: Represents an “exotics basket” index. (A different group of instruments that also has a meaningful relationship to Gold.)
What Is It Predicting
By measuring hidden relationships between these two baskets and weighting them by the chart’s trend, the green/red lines often provide an early read on which direction Gold might take next usually leading by 3-7 days.
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系JoeTheGoldTrader。
请注意，此私密的、仅限受邀者使用的脚本尚未经过脚本管理员的审核，并且不确定它是否符合网站规则。 除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
Please send me a message with your email address to be added.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系JoeTheGoldTrader。
请注意，此私密的、仅限受邀者使用的脚本尚未经过脚本管理员的审核，并且不确定它是否符合网站规则。 除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
Please send me a message with your email address to be added.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。