Summary of the Solar Movement Gradient Indicator This Pine Script creates a dynamic, colorful indicator inspired by solar movements. It uses a sinusoidal wave to plot oscillations over time with a rainbow-like gradient that changes based on the wave's position.
Key Features Sinusoidal Wave:
A wave oscillates smoothly based on the bar index (time) or optionally influenced by price movements. The wave’s amplitude, baseline, and wavelength can be customized. Dynamic Colors:
A spectrum of seven colors (red, orange, yellow, green, blue, purple, pink) is used. The color changes smoothly along with the wave, emulating a solar gradient. Background Gradient:
An optional gradient fills the background with colors matching the wave, adding a visually pleasing effect. Customizable Inputs Gradient Speed: Adjusts how fast the wave and colors change over time. Amplitude & Wavelength: Controls the height and smoothness of the wave. Price Influence: Allows the wave to react dynamically to price movements. Background Gradient: Toggles a colorful gradient in the chart’s background. Use Case This indicator is designed for visual appeal rather than trading signals. It enhances the chart with a dynamic and colorful representation, making it perfect for aesthetic customization.