OPEN-SOURCE SCRIPT
Diupdate GLD GC Price Converter [Shock Wave] with Ratio Dashboard
GLD GC Price Converter [Shock Wave]
A multi-market conversion and projection tool designed for traders who monitor both the GLD ETF and COMEX Gold Futures (GC1!).
This indicator dynamically maps GLD price levels onto GC futures pricing in real time, allowing traders to visualize equivalent ETF and futures levels directly on the chart. The script automatically projects both upward and downward converted levels from the nearest base anchor and displays them as labeled horizontal guide levels.
Features:
• Real-time GLD ↔ GC level conversion
• Automatic projected levels above and below current price
• Adjustable multipliers and base increments
• Custom offsets and line styles
• Optional custom symbol support
• Live price table with percentage change display
• Works on any timeframe
• Designed for futures, ETF, and dealer-flow traders
Useful for:
• Translating GLD dealer levels into GC execution zones
• Mapping ETF liquidity levels onto futures charts
• Spotting equivalent put walls, call walls, gamma levels, and liquidity targets
• Multi-market confluence analysis
Example:
GLD 415 may project to approximately GC 4520 depending on current futures premium/discount structure.
Built for traders combining:
• Futures positioning
• ETF options flow
• Gamma exposure analysis
• Liquidity and dealer inventory models
Shout out to the PtGambler for laying down the demo.
June 06.04.26
Release Notes
Updated Features:
• Fixed repeated last-price labels stacking on the chart
• Last closing-price label now updates dynamically instead of creating duplicates
• Added proper levels ABOVE and BELOW current price
• Changed default GLD color to black
• Changed default GLD offset to 10
• Changed default GC color to dark orange
• Changed default GC offset to 50
• GC1! is now the default custom symbol instead of MGC
• Improved line-style handling when “None” is selected
• Cleaner level projection behavior and chart organization
***New Ratio dashboard to show when GLD is trading and what the exact ratio is.****
A multi-market conversion and projection tool designed for traders who monitor both the GLD ETF and COMEX Gold Futures (GC1!).
This indicator dynamically maps GLD price levels onto GC futures pricing in real time, allowing traders to visualize equivalent ETF and futures levels directly on the chart. The script automatically projects both upward and downward converted levels from the nearest base anchor and displays them as labeled horizontal guide levels.
Features:
• Real-time GLD ↔ GC level conversion
• Automatic projected levels above and below current price
• Adjustable multipliers and base increments
• Custom offsets and line styles
• Optional custom symbol support
• Live price table with percentage change display
• Works on any timeframe
• Designed for futures, ETF, and dealer-flow traders
Useful for:
• Translating GLD dealer levels into GC execution zones
• Mapping ETF liquidity levels onto futures charts
• Spotting equivalent put walls, call walls, gamma levels, and liquidity targets
• Multi-market confluence analysis
Example:
GLD 415 may project to approximately GC 4520 depending on current futures premium/discount structure.
Built for traders combining:
• Futures positioning
• ETF options flow
• Gamma exposure analysis
• Liquidity and dealer inventory models
Shout out to the PtGambler for laying down the demo.
June 06.04.26
Release Notes
Updated Features:
• Fixed repeated last-price labels stacking on the chart
• Last closing-price label now updates dynamically instead of creating duplicates
• Added proper levels ABOVE and BELOW current price
• Changed default GLD color to black
• Changed default GLD offset to 10
• Changed default GC color to dark orange
• Changed default GC offset to 50
• GC1! is now the default custom symbol instead of MGC
• Improved line-style handling when “None” is selected
• Cleaner level projection behavior and chart organization
***New Ratio dashboard to show when GLD is trading and what the exact ratio is.****
Catatan Rilis
Added feature to show when GLD is actually locked and ratio is lockedCatatan Rilis
Fix Sunday unlock issueCatatan Rilis
Fix Sunday reopen problemSkrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.