OPEN-SOURCE SCRIPT
Crypto Confirmation Engine - Auto Detect Coin
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.
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.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.