Range: OHLC vs Previous OHLC - Version 2Version 1 here -
This is essentially the same as version 1 with one update. You have the freedom to independently choose OHLC for current candle and prior candle.
To elaborate further, Version 1 had 1 choice. For example, Close; you could only compare the close of prior candle to the current candle.
Version 2; you can compare close of the current candle to the low of the prior candle.
在脚本中搜索"西班牙人VS奥萨苏纳"
stock gain% vs index gain %This shows the relative strength or weakness of a stock vs an index on any given candle price movement.
Negative stock candle and relative strength shows accumulation
Positive stock candle and relative weakness shows distribution
accumulation will plot an 'A'
distribution will plot a 'D'
Range: OHLC vs Previous OHLCThis will plot your choice of OHLC (or any of the averaging choices) of the current candle compared to the previous candle.
For example if you choose "high" for the input and set the chart to daily, you'll see the currently daily high vs the previous daily high.
Green candle represent a higher high and the length of the candle represents how much higher.
Red candles represent a lower high than the previous day and the length is by how much lower.
This indicator is pretty straight forward, look for me to build on this with something a little more elaborate in the near future.
200/100 vs 190/80 EMA [jarederaj]Track the 200/100 EMA cross Vs the 180/90 EMA cross. Also, see the dates when these periods start on the chart.
Bitfinex Long vs Short RatiosWas impressed with the 'Longs vs Shorts Ratio' idea from the tweet below so I coded an indicator, enjoy.
twitter.com
Compare - Oscillator vs BTC momentumI've made a simple indicator to compare the momentum of a trading pair against the momentum of BTC to the dollar. I use it to see how a pair is affected by BTC's momentum... I wouldnt use it to trade off alone, but it can be a useful tool alongside other indicators.
The time range can be adjusted, but I wouldnt reccomend setting it to anything over 12M, or under 1W.... as I'm not sure if it would work.
Any feedback is welcome!
This is an idea I had after looking at a wonderful visualisation made by BarclayJames, link below:
www.tradingview.com
비트코인 한국 프리미엄 캔들 차트 (Bithumb vs Bitfinex) by 호재박스 슈퍼스타지표명: 비트코인 한국 프리미엄 캔들 차트 (Bithumb vs Bitfinex)
제작자: 호재박스 슈퍼스타
홈페이지: hozaebox.com
BTCUSD long vs short ratio+rsiJust a script I want to share with friends on a discord
orange/green line : longs vs short ratio (100 = only longs, 0 = only shorts)
purple line : RSI of (longs-shorts)
Bitcoin Exchanges Premium (Incl Int & GBTC) vs GdaxShows the exchange premiums internationally (Hong Kong, Luxembourg, Korea, Japan, China) vs Gdax. Also includes GBTC Trust price (adjusted).
Index Vs Futures v4.0 (dashed edition)Generalized script of
Originally designed for bitcoin, but can be used to compare between futures and index (or any two symbol expressions).
Conventions:
- green background := futures deviates 'way above' index
- red background := futures deviates 'way below' index
VS Score [SpiritualHealer117]An experimental indicator that uses historical prices and readings of technical indicators to give the probability that stock and crypto prices will be in a certain range on the next close. This indicator may be helpful for options traders or for traders who want to see the probability of a move.
It classifies returns into five categories:
Extreme Rise - Over 2 standard deviations above normal returns
Rise - Between 0.5 standard deviations and 2 standard deviations above normal returns
Flat - Falling in the range of +/- 0.5 standard deviations of normal returns
Fall - Between 0.5 standard deviations and 2 standard deviations below normal returns
Extreme Fall - Over 2 standard deviations below normal returns
It is an adaptive probability model, which trains on the previous 1000 data points, and is calculated by creating probability vectors for the current reading of the PPO, MA, volume histogram, and previous return, and combining them into one probability vector.
Advanced Correlation Monitor📊 Advanced Correlation Monitor - Pine Script v6
🎯 What does this indicator do?
Monitors real-time correlations between 13 different asset pairs and alerts you when historically strong correlations break, indicating potential trading opportunities or changes in market dynamics.
🚀 Key Features
✨ Multi-Market Monitoring
7 Forex Pairs (GBPUSD/DXY, EURUSD/GBPUSD, etc.)
6 Index/Stock Pairs (SPY/S&P500, DAX/NASDAQ, TSLA/NVDA, etc.)
Fully configurable - change any pair from inputs
📈 Dual Correlation Analysis
Long Period (90 bars): Identifies historically strong correlations
Short Period (6 bars): Detects recent breakdowns
Pearson Correlation using Pine Script v6 native functions
🎨 Intuitive Visualization
Real-time table with 6 information columns
Color coding: Green (correlated), Red (broken), Gray (normal)
Visual states: 🟢 OK, 🔴 BROKEN, ⚫ NORMAL
🚨 Smart Alert System
Only alerts previously correlated pairs (>80% historical)
Detects breakdowns when short correlation <80%
Consolidated alert with all affected pairs
🛠️ Flexible Configuration
Adjustable Parameters:
📅 Periods: Long (30-500), Short (2-50)
🎯 Threshold: 50%-99% (default 80%)
🎨 Table: Configurable position and size
📊 Symbols: All pairs are configurable
Default Pairs:
FOREX: INDICES/STOCKS:
- GBPUSD vs DXY • SPY vs S&P500
- EURUSD vs GBPUSD • DAX vs S&P500
- EURUSD vs DXY • DAX vs NASDAQ
- USDCHF vs DXY • TSLA vs NVDA
- GBPUSD vs USDCHF • MSFT vs NVDA
- EURUSD vs USDCHF • AAPL vs NVDA
- EURUSD vs EURCAD
💡 Practical Use Cases
🔄 Pairs Trading
Detects when strong correlations break for:
Statistical arbitrage
Mean reversion trading
Divergence opportunities
🛡️ Risk Management
Identifies when "safe" assets start moving independently:
Portfolio diversification
Smart hedging
Regime change detection
📊 Market Analysis
Understand underlying market structure:
Forex/DXY correlations
Tech sector rotation
Regional market disconnection
🎓 Results Interpretation
Reading Example:
EURUSD vs DXY: -98.57% → -98.27% | 🟢 OK
└─ Perfect negative correlation maintained (EUR rises when DXY falls)
TSLA vs NVDA: 78.12% → 0% | ⚫ NORMAL
└─ Lost tech correlation (divergence opportunity)
Trading Signals:
🟢 → 🔴: Broken correlation = Possible opportunity
Large difference: Indicates correlation tension
Multiple breaks: Market regime change
Crypto Correlation Oscillator# Crypto Correlation Oscillator
**Companion indicator for Tri-Align Crypto Trend**
## Overview
The Crypto Correlation Oscillator helps you identify **alpha opportunities** and **market regime changes** by showing how closely your coin follows Bitcoin and other assets over time. It displays rolling correlations as an oscillator in a separate pane below your price chart.
## What It Does
This indicator calculates **Pearson correlations** between different trading pairs on a rolling window (default: 100 bars). Correlations range from **-1.0** (perfect inverse relationship) to **+1.0** (perfect positive relationship), with **0** meaning no correlation.
### The 5 Correlation Lines
1. **Blue (thick line) - Coin vs BTC**: The most important metric
- **High correlation (>0.7)**: Your coin is just following BTC - no independent movement
- **Low correlation (<0.3)**: Your coin has **alpha** - it's moving independently from BTC
- **Negative correlation**: Your coin moves opposite to BTC (rare but powerful)
2. **Purple - Coin/BTC vs BTC**: Inverse relationship check
- **Negative values**: When BTC rises, your coin weakens relative to BTC
- **Positive values**: When BTC rises, your coin strengthens against BTC
3. **Orange - Coin vs Coin/BTC**: Structural consistency check
- Shows how well the Coin/USDT and Coin/BTC pairs maintain their mathematical relationship
- Unusual values can indicate liquidity issues or market inefficiencies
4. **Light Red - Coin vs USDT.D** (optional): Stablecoin dominance correlation
- Shows how your coin correlates with USDT dominance
- Useful for understanding flight-to-safety dynamics
5. **Light Green - Coin vs BTC.D** (optional): Bitcoin dominance correlation
- Shows how your coin correlates with BTC dominance
- Helps identify altcoin season vs BTC dominance cycles
## How to Read It
### Finding Alpha Opportunities
- **Low blue line (<0.3)**: Your coin is decoupled from BTC → potential alpha
- **Blue line dropping**: Coin is gaining independence from BTC
- **Blue line spiking to >0.9**: Coin is a "BTC clone" with no independent movement
### Regime Change Detection
- **Blue line crossing 0.5**: Major shift in correlation behavior
- **Purple line turning negative**: Coin starting to weaken when BTC rises (warning sign)
- **Sharp correlation changes**: Market structure is shifting - adjust strategy
### Visual Zones
- **Blue background**: High correlation zone (>0.7) - coin just following BTC
- **Red background**: Inverse correlation zone (<-0.5) - coin moving opposite to BTC
### Reference Lines
- **+1.0 / -1.0**: Perfect correlation boundaries (dotted gray)
- **+0.5 / -0.5**: Moderate correlation thresholds (dotted gray)
- **0.0**: Zero correlation line (solid gray)
## Dynamic Legend
The legend table (top-right) automatically shows the actual symbol names based on your chart:
- **Example on SOLUSDT**: Shows "SOL vs BTC", "SOL/BTC vs BTC", "SOL vs SOL/BTC", etc.
- **Color boxes**: Match the plot colors for easy identification
- **Live values**: Current correlation numbers update in real-time
- **Tooltips**: Hover over labels for interpretation guidance
## Configuration
### Key Inputs
- **Correlation Lookback** (default: 100): Number of bars for rolling correlation window
- Shorter = more reactive, noisier
- Longer = smoother, slower to detect changes
- **Correlation Smoothing** (default: 5): EMA smoothing period for raw correlations
- Reduces noise while preserving trends
- **Symbol Detection**: Auto-detects symbols from your chart, or use manual overrides
- **Dominance Pairs**: Toggle USDT.D and BTC.D correlations on/off
## Usage Tips
1. **Combine with main Tri-Align indicator**: Use correlation for context, Tri-Align for entry/exit signals
2. **Watch for divergences**: Correlation changing while price moves in sync can signal upcoming shift
3. **Adjust lookback period**: Use shorter (50-70) for day trading, longer (150-200) for position trading
4. **Focus on the blue line**: It's your primary alpha indicator
## Technical Details
- **Calculation**: Pearson correlation coefficient with EMA smoothing
- **Data source**: Close prices from `request.security()` (multi-timeframe capable)
- **Update frequency**: Every bar on your selected timeframe
- **Overlay**: False (displays in separate pane)
## Quick Interpretation Guide
| Blue Line Value | Interpretation | Action |
|----------------|----------------|--------|
| > 0.9 | Coin is a BTC clone | Avoid - no alpha opportunity |
| 0.7 - 0.9 | High correlation | Standard altcoin behavior |
| 0.3 - 0.7 | Moderate correlation | Some independence emerging |
| < 0.3 | Low correlation | **Strong alpha opportunity** |
| < 0 | Inverse correlation | Rare - potential hedge asset |
| Purple Line | Interpretation |
|-------------|----------------|
| Strongly negative | Coin weakens when BTC rises - risky |
| Near zero | Coin/BTC pair moves independently of BTC |
| Positive | Coin strengthens with BTC - ideal |
## Version History
### v1.0 (Initial Release)
- Pearson correlation calculation with configurable lookback
- 5 correlation pairs: Coin vs BTC, Coin/BTC vs BTC, Coin vs Coin/BTC, USDT.D, BTC.D
- EMA smoothing to reduce noise
- Visual zones for high/inverse correlation
- Dynamic legend with symbol name extraction
- Auto-symbol detection matching main Tri-Align indicator
Cloud Matrix [CongTrader]🌥 Cloud Matrix
🔹 Short Description
A modern and enhanced Ichimoku-based system designed for Crypto, Forex, and Stock traders.
Cloud Matrix helps identify trends, momentum shifts, and Kumo breakouts with multi-timeframe EMA filters and a visual market summary table.
🧭 Full Description
Cloud Matrix is a next-generation evolution of the classic Ichimoku Cloud — optimized for the dynamic conditions of today’s markets, especially crypto and high-volatility assets.
This indicator combines the visual clarity of Ichimoku with advanced filters, adaptive presets, and built-in signal logic to help traders make more confident trend-based decisions.
⚙️ ✨ Key Features & Innovations
Preset System for Different Markets:
🕊 Traditional (9/26/52) – Standard Ichimoku setup
⚡ Crypto Fast (10/30/60) – Faster response for volatile markets
⚖️ Crypto Medium (20/60/120) – Balanced settings for swing trading
⚙️ Custom – Full manual control over Ichimoku parameters
Higher Timeframe EMA200 Filter:
Optionally apply a 200 EMA filter from a higher timeframe (e.g., 4H, 1D).
Only confirms bullish signals when the price is above the higher TF EMA, and bearish signals when below.
Dynamic Market Summary Table:
A real-time dashboard showing:
Price vs. Cloud position
Cloud twist direction (Span A vs. Span B)
Tenkan/Kijun relation
Chikou position
Higher timeframe EMA200 trend
Built-in Trade Signals & Alerts:
🔔 TK Cross (Tenkan-Kijun crossovers)
☁️ Kumo Breakouts (price breaks above/below the cloud)
Optional “alerts on candle close” to avoid fake intrabar signals.
Enhanced Visuals:
Cloud color auto-adjusts for bullish/bearish sentiment.
Adjustable opacity for better chart visibility.
Signal labels appear directly on the chart for clarity.
📘 How to Use
1️⃣ Add to chart:
Search for “Cloud Matrix ” in TradingView’s Indicators Library.
Works on all timeframes and markets.
2️⃣ Choose a preset:
Traditional – for Stocks/Forex.
Crypto Fast or Crypto Medium – for Crypto or high-volatility assets.
3️⃣ Use the Higher TF Filter:
Enable “Use HTF EMA200 Filter” → set timeframe (e.g., 4H or 1D).
Only take bullish setups when price > EMA200 on HTF, bearish setups when below.
4️⃣ Interpret the signals:
🟢 TK Cross (Bullish): Tenkan crosses above Kijun → potential early uptrend.
🔴 TK Cross (Bearish): Tenkan crosses below Kijun → potential early downtrend.
🌥 Kumo Break (Bullish): Price breaks above the cloud → strong trend confirmation.
🌩 Kumo Break (Bearish): Price breaks below the cloud → strong bearish continuation.
5️⃣ Read the Cloud Matrix Table:
Quickly view trend alignment:
Metric Green Red Gray
Price vs Cloud Above Below Inside
Cloud Twist Bullish Bearish —
Tenkan/Kijun Bullish Bearish —
Chikou Span Above Below —
HTF EMA200 Uptrend Downtrend Off
🌐 Practical Applications
Excellent for trend trading, swing setups, and dynamic support/resistance analysis.
Ideal for confirming directional bias before entering a trade.
Can be combined with RSI, MACD, or Volume indicators for stronger confluence.
Suitable for Crypto, Forex, Indices, and Stocks.
⚠️ Disclaimer
The Cloud Matrix script is provided for educational and analytical purposes only.
It is not financial advice, nor does it guarantee performance or profitability.
All trading decisions are made at your own risk.
Always verify signals with your own analysis and proper risk management.
🙏 Acknowledgments
A heartfelt thank-you to the TradingView community and all the traders who inspire continuous innovation.
Your feedback, ideas, and collaboration help make this tool possible.
If you find Cloud Matrix useful — please give it a like, comment, or share it to help others learn too. 💚
— CongTrader
📅 2025 | Version 1.0 – Open Source Educational Release
🏷️ Suggested Tags
Ichimoku, Cloud, Kumo, Trend, EMA200, Crypto, Forex, Swing, Multi-Timeframe, CongTrader, Educational, Indicator






















