OPEN-SOURCE SCRIPT

Thirdeyechart Gold Doomsday

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Thirdeyechart Gold Doomsday – Full Description

Thirdeyechart Gold Simulation Final 3 is a professional-grade TradingView indicator designed to monitor the global gold market across multiple XAU pairs simultaneously. This version is engineered to provide a complete, multi-timeframe view of gold’s momentum while incorporating buy/sell simulation, trend strength, and safe/unsafe trade detection, all in a clean, visually organized table.

Key Functions and Features

Custom Pairs Input

Traders can specify any number of XAU-related pairs using a comma-separated input.

The script dynamically handles all pairs without requiring manual adjustments.

Percent Change Function (f_change)

Calculates the percentage change for a given symbol and timeframe:

pct_change = ((close_tf - open_tf) / open_tf) * 100


Supports weekly (W), daily (D), 4-hour (H4), and 1-hour (H1) timeframes.

Positive changes are colored blue, negative changes red for instant visual assessment.

Table Setup

Dynamically generates a table based on the number of XAU pairs.

Displays Symbol, Week %, Day %, H4 %, H1 %, BuySim, SellSim in a clean, boxed format.

Color-coded cells for easy recognition of positive vs negative momentum.

Buy & Sell Simulation

Separates each timeframe into positive (buy) and negative (sell) contributions:

Positive value → added to BuySim

Negative value → added to SellSim

Summed across all timeframes per symbol, allowing a macro-level simulation of market pressure.

Total BuySim / SellSim provides a clear view of dominance without signaling actual trades.

Total Row Calculation

Sums Week, Day, H4, H1 across all symbols to show aggregate market movement.

BuySim and SellSim totals highlight overall market pressure.

Provides context for trend alignment across multiple pairs.

Strength Row (f_strength)

Interprets total movement per timeframe:

>0 → Strong

<0 → Weak

0 → Neutral

Combined with BuySim/SellSim to display a trend bias: “Buy Bias” or “Sell Bias.”

Safe / Unsafe Trade Detection

Compares total BuySim and SellSim:

distance = abs(totalBuy - totalSell)
threshold = totalAll * 0.50


Trade considered safe if distance ≥ threshold → green label.

Trade considered unsafe if distance < threshold → red label.

Provides a reasoning context (e.g., “clear dominance by buyers” or “sellers can dominate the market”), allowing quick risk assessment.

This function ensures traders know whether market momentum is decisive or uncertain.

Visual Design

Uses background colors for header, cells, total, and strength rows to improve readability.

All data is organized in a compact, easy-to-read table, with dynamic scaling depending on the number of pairs.

Why This Indicator is Advanced

Multi-Timeframe Analysis: Simultaneously monitors W, D, H4, H1 for each XAU pair.

Global Perspective: Shows aggregated momentum across 8 gold pairs to track overall market direction.

Risk Awareness: Safe/Unsafe trade detection helps identify strong trends versus indecisive conditions.

Institutional Approach: Combines global data and technical calculation similar to professional trading terminals.

Disclaimer

This indicator is educational and analytical only. It does not provide financial advice or direct trade signals. Users are responsible for their own trading decisions, and all markets carry risk.
© 2025 Thirdeyechart. All rights reserved. Redistribution or commercial use without permission is prohibited.

免责声明

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