Universo

6 giorni fa

Introduction
The "Universo" indicator is a sophisticated trend analysis tool designed for the TradingView platform, written in Pine Script v6. It combines multiple technical indicators into a unified system to evaluate market trends and help traders identify potential entry and exit points. By integrating fast, medium, and slow-moving components, it provides a multi-dimensional view of market momentum. The indicator is highly customizable, featuring visual plotting and an optional table for detailed analysis, making it adaptable to various trading styles.

Key Features

• Multi-timeframe trend analysis combining fast ("Flash"), medium-fast ("Glide"), and medium-slow ("Echo") indicators, plus hybrid combinations ("Flow" and "Pulse"), into a final "Universus" score.
  
• Customizable long and short thresholds, adjustable between -100 and 100, to suit individual trading preferences.
  
• Optional interactive table displaying current and historical values of key components and metrics like trend direction, Rate of Change (RoC), volatility, and momentum.
  
• Color-coded visualization with multiple themes (e.g., Synthwave, Outrun, Lush) to highlight bullish, bearish, and neutral conditions.
  
• Elegant plotting of a 20-period Simple Moving Average (SMA) with subtle gradients and glow effects for improved chart readability.
  

How It Works
The "Universo" indicator aggregates data from various technical indicators, computes composite scores, and presents them both visually and numerically. Below is an overview of its components and mechanics.

Core Components

• Flash (Fast Indicators): Averages short-term, high-frequency indicators like RSIL, WIL, RSI, STO, FMOMZ, and LLSMA to detect immediate market momentum. Formula: flash = avg(fast_highomega, fast_highsortino) * 100.
  
• Glide (Medium-Fast Indicators): Combines medium-term indicators such as FSPMOM, CCI, AAMDMOM, and ATRF, with weighted entry and exit calculations for a balanced trend perspective. Formula: glide = avg(glide_entry_weighted, glide_exit_weighted) * 100.
  
• Echo (Medium-Slow Indicators): Uses slower indicators like UNUM, COFFEE, UNIGHE, UNIARSIX, and HULLLOOP to assess longer-term trends. Formula: Echo = avg(UNUM.x(0.2, -0.2), COFFEE.x(), ...) * 100.
  
• Flow: Averages Flash and Glide for a short-to-medium-term view. Formula: Flow = avg(flash, glide).
  
• Pulse: Combines Echo and Glide for a medium-to-long-term outlook. Formula: Pulse = avg(Echo, glide).
  
• Universus (Final Score): Averages Flow, Flash, Glide, Echo, and Pulse to provide a comprehensive market condition score. Formula: Universo = avg(Flow, flash, glide, Echo, Pulse).
  

Visualization

• SMA Plot: A 20-period SMA of the closing price is plotted with colors based on the Universus score: bullish (Universus ≥ Long Threshold) in the long color (e.g., cyan in Synthwave), bearish (Universus < Short Threshold) in the short color (e.g., pink in Synthwave), or neutral in gray. Subtle gradients and a glow effect, scaled by trend strength (math.abs(Universus) / 100), enhance readability.
  
• Gradient and Glow: Uses ATR-based bounds (±0.2 ATR for inner gradient, ±0.8 ATR for glow) for a refined visual effect.
  

Table Display

• When enabled, the table shows current and historical data (up to 2 bars ago) for components labeled as Flash ("Ieunium"), Glide ("Centum"), Flow ("Tres"), Echo ("Resonare"), Pulse ("Pulsar"), and Universus ("Universo").
  
• Additional metrics include trend direction (Bullish, Bearish, or Neutral), Rate of Change (RoC) via ta.roc(Universus, 1), volatility via normalized standard deviation over 5 bars (ta.stdev(Universus, 5) / ta.sma(Universus, 5)), and momentum surge via 3-bar momentum normalized by Universus (ta.mom(Universus, 3) / Universus).
  
• The table adapts to light or dark mode, with color-coded cells and a customizable position (e.g., Top Right).
  

Customization Options

• Thresholds: Long threshold (longthreshold) and short threshold (shortthreshold), both defaulting to 0.0 and adjustable from -100 to 100.
  
• Color Themes: Options like Synthwave (#00F1FF long, #FF019A short), Outrun, Lush, selectable via input.
  
• Table Settings: Toggle to show/hide the table (show_table) and choose its position (e.g., Top Right, Top Left).
  

Practical Application

• Day Trading: Use Flash and Glide to spot quick momentum shifts.
  
• Swing Trading: Leverage Echo and Pulse for longer-term trend confirmation.
  
• Trend Following: Rely on the Universus score and SMA for overall direction. The adjustable thresholds and detailed table make it versatile across markets and strategies.
  

Conclusion
The "Universo" indicator is a robust, all-in-one trend analysis tool for TradingView, blending fast, medium, and slow indicators into a single actionable score. With its elegant visuals and detailed data, it empowers traders with flexibility and depth for informed decisions.

Disclaimer
This indicator is for informational and educational purposes only and is not financial advice. Trading involves risks, and users should perform their own research before relying on its signals. The creator is not liable for any financial outcomes from its use.

4 giorni fa

Note di rilascio

• Add bar color option
  
• Add JSON and Discord alerts feature