NFTs vs SOL - Momentum Divergence Radar

前天

See when NFT activity (proxy volumes) leads or lags SOL momentum

About:

A TradingView indicator that normalizes SOL momentum and a composite NFT proxy volume into comparable z-scores, then plots their difference (divergence). You get zero-line cross signals (“lead/lag”) and a rolling correlation table to judge regime quality.

What it does (concept):

SOL side: Rate of Change of SOL (ROC(len_mom)) → standardized over len_z → smoothed (smooth) → sol_z.

NFT side: Weighted sum of proxy volumes (BLUR, LOOKS, TNSR, MAGIC, APE, optional ME & PENGU) → log() to tame skew → standardized over len_z → smoothed → v_z.

Divergence: div = v_z - sol_z.

div > 0 → NFT activity is stronger than SOL momentum (possible lead).

div < 0 → NFT activity weaker than SOL momentum (possible lag).

On-chart elements

Orange histogram: div (NFT volume Z − SOL momentum Z).

Purple line: v_z (NFT composite activity).

Blue line: sol_z (SOL momentum).

Green/Red triangles: Zero-line crosses of div → lead (up) / lag (down).

Top-right table: Rolling Pearson correlation (len_z) + list of active proxies (non-blank & weight ≠ 0).

How to use (quick start):

Add to chart on your timeframe (30m–1D are common).

Fill proxy symbols with exchange prefixes (e.g., KUCOIN:BLURUSDT, GATEIO:LOOKS_USDT, MEXC:TNSR_USDT, OKX:MAGIC-USDT). Leave ME/PENGU blank until you have the exact tickers.

Set weights to reflect relevance/liquidity (start at 1; set 0 to exclude).

Trade the crosses with context:

Lead (↑0): NFTs heating up vs SOL → look for long setups if price structure agrees.

Lag (↓0): NFTs cooling vs SOL → reduce risk/hedge or look for shorts in downtrends.

Consult correlation:

High (+0.5~1): Both move together; rely more on cross timing than magnitude.

Low/negative: Decoupling regime; divergence magnitude gains importance.

Settings (what they mean):

SOL Symbol (sol_tkr) – Default BINANCE:SOLUSDT.

Proxy symbols (*_sym) – Enter exchange:pair strings; blank = ignored.

Weights (w_*) – Linear weights before log; emphasize reliable/liquid proxies.

Momentum Length (len_mom, 14) – ROC lookback for SOL. Bigger = smoother/slower.

Z-Score Length (len_z, 50) – Window for mean/stdev and correlation. Bigger = more stable normalization.

Smoothing (smooth, 5) – SMA applied to both z-scores to cut noise.

Preset ideas:

Swing (1D/4H): len_mom=14, len_z=100, smooth=7; BLUR=1, LOOKS=1, TNSR=1, MAGIC=0.5, APE=0.5.

Active (2H/1H): len_mom=10, len_z=50, smooth=5; same weights; alert on lead.

Reading the signals (playbook)

Fresh Lead (div crosses ↑0): Accumulation/participation rising; enter on pullbacks or structure breaks; confirm with volume/HTF trend.

Persistent Positive div: Momentum follow-through likely; trail stops below swing structure.

Fresh Lag (div crosses ↓0): Early cooling; take profits, tighten stops, or rotate.

Extreme bars (|div| > ~2): Outlier conditions; expect mean-reversion or breakout continuation—use price action to decide.

Re-cross whipsaws: Filter with higher smooth or require bar close confirmation.

Practical notes & tips:

Symbol validity: Always use exchange prefixes. If a token is unavailable on your TV plan/exchange, leave it blank (script treats it as zero volume).

Liquidity bias: Thin alts can distort the composite; set their weights low or 0.

Timeframe consistency: All request.security() calls run at the chart TF—no lower-TF aggregation.

Risk management: Treat crosses as context, not standalone buy/sell. Combine with S/R, trend filters, ATR stops, and volume profile.

Alerts (recommended):

Lead Cross Up: div crosses above 0.

Lag Cross Down: div crosses below 0.

Extreme Divergence: div > +2 or div < −2 (user threshold).
(Add alertcondition() lines if you want hard alerts.)

Troubleshooting

“Invalid symbol” popup: The input contains an unsupported/typo ticker. Use exact EXCHANGE:SYMBOL (e.g., OKX:MAGIC-USDT, not MAGICUSDT). Leave fields blank if unsure.

Flat/NaN early bars: Not enough history for len_z—normal; resolves as data accumulates.

No proxies listed in table: Ensure at least one proxy is non-blank and weight ≠ 0.

Limitations:

Proxy selection matters; if the set doesn’t reflect current NFT flow, signals degrade.

Z-scoring assumes local stationarity; regime shifts compress/expand readings.

Exchange symbol formats vary (- vs _); match TradingView exactly.

Changelog:

v1.2 (2025-10-14): Stability pass, proxy inputs default to blank to avoid symbol errors; refined table; kept v5 compatibility logic.

前天

版本注释

# NFTs vs SOL - Momentum Divergence Radar

### See when NFT activity (proxy volumes) **leads** or **lags** SOL momentum

## Bio

A TradingView indicator that normalizes **SOL momentum** and a **composite NFT proxy volume** into comparable z-scores, then plots their **difference** (divergence). You get zero-line cross signals (“lead/lag”) and a rolling correlation table to judge regime quality.

---

## What it does (concept)

* **SOL side:** Rate of Change of SOL (`ROC(len_mom)`) → standardized over `len_z` → smoothed (`smooth`) → **`sol_z`**.
* **NFT side:** Weighted sum of proxy **volumes** (BLUR, LOOKS, TNSR, MAGIC, APE, optional ME & PENGU) → `log()` to tame skew → standardized over `len_z` → smoothed → **`v_z`**.
* **Divergence:** `div = v_z - sol_z`.

* `div > 0` → NFT activity is **stronger** than SOL momentum (possible *lead*).
* `div < 0` → NFT activity **weaker** than SOL momentum (possible *lag*).

---

## On-chart elements

* **Orange histogram:** `div` (NFT volume Z − SOL momentum Z).
* **Purple line:** `v_z` (NFT composite activity).
* **Blue line:** `sol_z` (SOL momentum).
* **Green/Red triangles:** Zero-line crosses of `div` → **lead** (up) / **lag** (down).
* **Top-right table:** Rolling **Pearson correlation** (`len_z`) + list of **active** proxies (non-blank & weight ≠ 0).

---

## How to use (quick start)

1. **Add to chart** on your timeframe (30m–1D are common).
2. **Fill proxy symbols** with exchange prefixes (e.g., `KUCOIN:BLURUSDT`, `GATEIO:LOOKS_USDT`, `MEXC:TNSR_USDT`, `OKX:MAGIC-USDT`). Leave ME/PENGU blank until you have the exact tickers.
3. **Set weights** to reflect relevance/liquidity (start at 1; set 0 to exclude).
4. **Trade the crosses** with context:

* **Lead (↑0):** NFTs heating up vs SOL → look for long setups if price structure agrees.
* **Lag (↓0):** NFTs cooling vs SOL → reduce risk/hedge or look for shorts in downtrends.
5. **Consult correlation:**

* **High (+0.5~1):** Both move together; rely more on **cross timing** than magnitude.
* **Low/negative:** Decoupling regime; **divergence magnitude** gains importance.

---

## Settings (what they mean)

* **SOL Symbol (`sol_tkr`)** – Default `BINANCE:SOLUSDT`.
* **Proxy symbols (`*_sym`)** – Enter **exchange:pair** strings; blank = ignored.
* **Weights (`w_*`)** – Linear weights before log; emphasize reliable/liquid proxies.
* **Momentum Length (`len_mom`, 14)** – ROC lookback for SOL. Bigger = smoother/slower.
* **Z-Score Length (`len_z`, 50)** – Window for mean/stdev and correlation. Bigger = more stable normalization.
* **Smoothing (`smooth`, 5)** – SMA applied to both z-scores to cut noise.

**Preset ideas**

* **Swing (1D/4H):** `len_mom=14`, `len_z=100`, `smooth=7`; BLUR=1, LOOKS=1, TNSR=1, MAGIC=0.5, APE=0.5.
* **Active (2H/1H):** `len_mom=10`, `len_z=50`, `smooth=5`; same weights; alert on **lead**.

---

## Reading the signals (playbook)

* **Fresh Lead (div crosses ↑0):** Accumulation/participation rising; enter on pullbacks or structure breaks; confirm with volume/HTF trend.
* **Persistent Positive div:** Momentum follow-through likely; trail stops below swing structure.
* **Fresh Lag (div crosses ↓0):** Early cooling; take profits, tighten stops, or rotate.
* **Extreme bars (|div| > ~2):** Outlier conditions; expect mean-reversion or breakout continuation—use price action to decide.
* **Re-cross whipsaws:** Filter with higher `smooth` or require bar close confirmation.

---

## Practical notes & tips

* **Symbol validity:** Always use **exchange prefixes**. If a token is unavailable on your TV plan/exchange, leave it **blank** (script treats it as zero volume).
* **Liquidity bias:** Thin alts can distort the composite; set their weights low or 0.
* **Timeframe consistency:** All `request.security()` calls run at the chart TF—no lower-TF aggregation.
* **Risk management:** Treat crosses as **context**, not standalone buy/sell. Combine with S/R, trend filters, ATR stops, and volume profile.

---

## Alerts (recommended)

* **Lead Cross Up:** `div` crosses above 0.
* **Lag Cross Down:** `div` crosses below 0.
* **Extreme Divergence:** `div` > +2 or `div` < −2 (user threshold).
*(Add `alertcondition()` lines if you want hard alerts.)*

---

## Troubleshooting

* **“Invalid symbol” popup:** The input contains an unsupported/typo ticker. Use exact **`EXCHANGE:SYMBOL`** (e.g., `OKX:MAGIC-USDT`, not `MAGICUSDT`). Leave fields blank if unsure.
* **Flat/NaN early bars:** Not enough history for `len_z`—normal; resolves as data accumulates.
* **No proxies listed in table:** Ensure at least one proxy is **non-blank** and weight ≠ 0.

---

## Limitations

* Proxy selection matters; if the set doesn’t reflect current NFT flow, signals degrade.
* Z-scoring assumes local stationarity; regime shifts compress/expand readings.
* Exchange symbol formats vary (`-` vs `_`); match TradingView exactly.

---

## Changelog (from header)

* **v1.2 (2025-10-14):** Stability pass, proxy inputs default to blank to avoid symbol errors; refined table; kept v5 compatibility logic.

---