OPEN-SOURCE SCRIPT
QuantLine Compass Lite V3
QuantLine Compass Lite combines four public-domain flow components into a single
-100..+100 "needle" for directional market context:
1) Volume-weighted RSI (RSIVol) — RSI of EMA(price×volume)/EMA(volume). Measures whether
volume supports the price move (0–100 scale).
2) WaveTrend (LazyBear method) — classic momentum oscillator from EMA-smoothed price
deviation. Captures short-term impulse and mean-reversion pressure.
3) Twiggs Money Flow — accumulation/distribution using Wilder smoothing. Shows whether
money is flowing into or out of the asset.
4) USDT.D 1h change (optional) — hourly change in USDT dominance (CRYPTOCAP:USDT.D).
Inverted in the composite: rising USDT.D = risk-off tilt for crypto; falling = risk-on.
Why combine four instead of publishing four separate scripts:
No single public indicator fully describes "flow." RSIVol adds volume confirmation to
price momentum. WaveTrend catches impulse shifts. Twiggs Money Flow tracks directional
money flow. USDT.D adds a macro stablecoin risk layer. Averaging normalized components
into one needle reduces noise from any single source and gives one readable context gauge.
How to read:
• Needle ≥ +20: bullish flow regime (optional green background)
• Needle ≤ -20: bearish flow regime (optional red background)
• Between ±20: neutral / PASS context
• Corner table: arrow, flow state, strength 0–100, RSIVol with overheat/oversold warnings
(defaults: ≥83 overheat, ≤17 oversold)
• Small triangles: needle crosses ±20 (regime flip — context change, not an entry)
Optional alerts fire on those crosses for observation only.
What this script does NOT include:
No liquidation data, no open-interest composite, no proprietary scoring weights, no
entries, stops, or targets. Educational context overlay — not a trading system.
Credits: WaveTrend — LazyBear; Twiggs Money Flow — Colin Twiggs.
Not financial advice.
-100..+100 "needle" for directional market context:
1) Volume-weighted RSI (RSIVol) — RSI of EMA(price×volume)/EMA(volume). Measures whether
volume supports the price move (0–100 scale).
2) WaveTrend (LazyBear method) — classic momentum oscillator from EMA-smoothed price
deviation. Captures short-term impulse and mean-reversion pressure.
3) Twiggs Money Flow — accumulation/distribution using Wilder smoothing. Shows whether
money is flowing into or out of the asset.
4) USDT.D 1h change (optional) — hourly change in USDT dominance (CRYPTOCAP:USDT.D).
Inverted in the composite: rising USDT.D = risk-off tilt for crypto; falling = risk-on.
Why combine four instead of publishing four separate scripts:
No single public indicator fully describes "flow." RSIVol adds volume confirmation to
price momentum. WaveTrend catches impulse shifts. Twiggs Money Flow tracks directional
money flow. USDT.D adds a macro stablecoin risk layer. Averaging normalized components
into one needle reduces noise from any single source and gives one readable context gauge.
How to read:
• Needle ≥ +20: bullish flow regime (optional green background)
• Needle ≤ -20: bearish flow regime (optional red background)
• Between ±20: neutral / PASS context
• Corner table: arrow, flow state, strength 0–100, RSIVol with overheat/oversold warnings
(defaults: ≥83 overheat, ≤17 oversold)
• Small triangles: needle crosses ±20 (regime flip — context change, not an entry)
Optional alerts fire on those crosses for observation only.
What this script does NOT include:
No liquidation data, no open-interest composite, no proprietary scoring weights, no
entries, stops, or targets. Educational context overlay — not a trading system.
Credits: WaveTrend — LazyBear; Twiggs Money Flow — Colin Twiggs.
Not financial advice.
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。