Fear and Greed Index

I couldn't find one based on the original, so I made my own, it's not quite identical, but it does the job.

Red = greed
Green = fear

I updated a lot of the subcomponents and fixed a bug. I've reduced the smoothing to 1, it was previously 5 if you prefer smoother signals. Also added a McClellan oscillator.

I've commented out the plotting of individual sub-components, just uncomment them to see what they do. Some look like pretty useful indicators on their own.

Enjoy!

Notes de version

Added built in divergence lines and bollinger bands. Made some minor changes.

Regarding the divergence lines, the fear and greed index which this is based on is, apparently, supposed to be a market timing indicator, although it may well be better off being used as a momentum indicator. Because of this I am not certain that the upper divergence lines should be red to indicate bearish divergences and green for bullish ones. Let me know if you have any thoughts about that.

Script open-source

Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.

barnabygraham

technimentals.net/

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Script open-source

barnabygraham

technimentals.net/