OPEN-SOURCE SCRIPT
已更新 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.
版本注释
Colors开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
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。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
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。