OPEN-SOURCE SCRIPT

Crypto Confirmation Engine - Auto Detect Coin

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Full Description:

This indicator provides a multi-factor market confirmation system designed to evaluate whether a trading setup is aligned with the broader crypto market.

Instead of generating signals, it focuses on context, strength, and confirmation.

🔍 What it analyzes:
Relative strength of the coin vs BTC and ETH
Market direction using TOTAL, TOTAL2, and OTHERS
Risk sentiment through USDT Dominance (USDT.D)
Internal trend using EMA structure and RSI
🧠 How it works:

The script calculates two independent scores:

Long Score
Short Score

Then derives a final market bias:

🟢 LONG BIAS → strong bullish alignment
🔴 SHORT BIAS → strong bearish alignment
⚪ NEUTRAL / WAIT → mixed or weak conditions

All outputs are visually simplified into a clean, transparent table.

⚙️ Key Features:
Auto-detects the active chart symbol
Fully adapts to the current timeframe
Multi-market confirmation (BTC, ETH, TOTAL2, USDT.D)
Soft UI for distraction-free analysis
Designed for decision support, not signal chasing
📌 Best Use Cases:
Confirming trade setups before entry
Avoiding trades during conflicting market conditions
Evaluating altcoin strength vs the market
Filtering out low-probability trades
⚠️ Disclaimer:

This tool does not provide trading signals or financial advice.

It is intended to assist traders in understanding market alignment and should always be used alongside proper risk management and personal analysis.

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。