PROTECTED SOURCE SCRIPT

Cambio Diario + Tabla Ordenada + Promedio + Alertas + Predicción

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📊 Overview
This Pine Script indicator analyzes the daily percentage changes of ten cryptocurrencies from the Bitget exchange. It performs the following key functions:

Data Retrieval: Fetches daily open and close prices for each asset to calculate their daily percentage change.

Data Organization: Sorts the assets based on their daily performance, from highest to lowest percentage change.

Visualization:

Table Display: Presents a table showing each asset's abbreviation and its corresponding daily change percentage.

Line Plots: Plots individual lines for each asset's daily change and a distinct line for the average change across all assets.
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Alerts: Generates alerts when an asset exhibits the highest or lowest daily change, indicating potential trading opportunities.

Trend Prediction:

Slope Calculation: Determines the slope between the current and previous average daily changes.

Future Projection: Projects the next average change based on the calculated slope.

Visual Indicators: Displays a label with the predicted average change and draws a dashed line connecting the current average to the predicted value.

🔍 Detailed Functionality
Data Retrieval:

Utilizes the request.security() function to obtain daily open and close prices for each specified cryptocurrency.

Calculates the daily percentage change using the formula:

pinescript
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(close - open) / open * 100
Data Organization:

Stores the calculated percentage changes and corresponding asset names in arrays.

Implements a bubble sort algorithm to arrange the assets in descending order based on their daily changes.
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Visualization:

Table Display:

Creates a table positioned at the top-right corner of the chart.

Displays each asset's abbreviation and its daily change percentage, color-coded to indicate positive (green) or negative (red) changes.

Includes a row showing the average daily change across all assets.

Line Plots:

Plots individual lines for each asset's daily change, each with a unique color for distinction.

Plots a thicker white line representing the average daily change.

Alerts:

Identifies the assets with the maximum and minimum daily changes.

Sets up alert conditions to notify when an asset reaches the highest (suggesting a potential short opportunity) or lowest (suggesting a potential long opportunity) daily change.

Trend Prediction:

Slope Calculation:

Calculates the difference between the current and previous average daily changes to determine the slope.

Future Projection:

Adds the calculated slope to the current average to project the next average daily change.

Visual Indicators:

Displays a label at a future point on the chart (5 bars ahead) showing the predicted average change. The label's color indicates the direction of the trend: green for an upward trend and red for a downward trend.

Draws a dashed white line connecting the current average to the predicted value, visually representing the projected trend.

📈 Interpretation
An upward slope and a green label suggest a potential bullish trend across the analyzed cryptocurrencies.

A downward slope and a red label indicate a potential bearish trend.

The table and line plots provide a comprehensive view of individual asset performances and the overall market trend.

Alerts help traders identify significant movements, enabling timely decision-making.

This script offers a robust tool for monitoring daily cryptocurrency performance, identifying trends, and making informed trading decisions based on comprehensive data visualization and predictive analysis.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.