OPEN-SOURCE SCRIPT
Aggiornato Crypto Sentiment + Correlation

📊 Crypto Sentiment + Correlation Indicator
Key Features:
- 🔄 Sentiment Aggregation: Measures price momentum vs moving averages across BTC, LTC, ETH, XRP, and SOL.
- ⚖️ Flexible Weighting Options: Choose between equal weight, market cap weighting, or volume-driven sentiment for tailored insights.
- 📈 Visual Candles & Background Signals: Uses sentiment-based candle overlays and color-coded signals to indicate potential shifts or divergence.
- 📊 BTC Correlation Map: Tracks correlation strength and direction between combined sentiment and Bitcoin’s price movement.
- 🧠 Technical Overlays: EMA and Bollinger Bands help contextualize sentiment trends with traditional indicators.
- 🎨 Stylized SMA Layers: Adds intuitive multi-format SMA visualization with area fill and stepped markers for easy spotting of trend shifts.
Why Use It:
Whether you're swing trading or refining entries on crypto positions, this tool gives you a snapshot of what the “mood” across major coins looks like—are the markets in harmony or diverging from BTC’s path? Use it to stay ahead of trend reversals, spot overextended rallies, or confirm bullish sentiment before you jump in.
Key Features:
- 🔄 Sentiment Aggregation: Measures price momentum vs moving averages across BTC, LTC, ETH, XRP, and SOL.
- ⚖️ Flexible Weighting Options: Choose between equal weight, market cap weighting, or volume-driven sentiment for tailored insights.
- 📈 Visual Candles & Background Signals: Uses sentiment-based candle overlays and color-coded signals to indicate potential shifts or divergence.
- 📊 BTC Correlation Map: Tracks correlation strength and direction between combined sentiment and Bitcoin’s price movement.
- 🧠 Technical Overlays: EMA and Bollinger Bands help contextualize sentiment trends with traditional indicators.
- 🎨 Stylized SMA Layers: Adds intuitive multi-format SMA visualization with area fill and stepped markers for easy spotting of trend shifts.
Why Use It:
Whether you're swing trading or refining entries on crypto positions, this tool gives you a snapshot of what the “mood” across major coins looks like—are the markets in harmony or diverging from BTC’s path? Use it to stay ahead of trend reversals, spot overextended rallies, or confirm bullish sentiment before you jump in.
Note di rilascio
added stuff and changed the visualizations of stuff, the ema has been changed to an ema 200 for better trend readingNote di rilascio
added ADAadded BB logic
Note di rilascio
Refined the bb signal logic to use hl2 and cleaned up the script to take out redundant request and allow lower plan users to use the indicator, also fixed limited arrays and added a optional customable symbol to add to the equation, with you own marketcap weight if thats what you're usingNote di rilascio
added vwap, added a weight debug board, cleaned up the code to let lower tier account use the scriptNote di rilascio
couple small tweaksScript open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
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.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
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.