Ultimate Crypto Trend & Liquidity Screener v1

il y a 3 jours

1. Overview & Originality

This script is an advanced, all-in-one screening tool designed specifically to identify high-potential, trend-following opportunities within the cryptocurrency market. While many screeners focus on single conditions, the "Ultimate Crypto Trend & Liquidity Screener" is original in its multi-layered approach, combining seven distinct logical checks into a single, cohesive framework.

Its primary innovation is the calculation of a "Total Score," which quantifies how well an asset conforms to the ideal characteristics of a tradable trend. This allows traders to move beyond simple binary (yes/no) filtering and instead rank the entire market to find the absolute best candidates that match their strategy.

The script is fully compatible with the TradingView Pine Screener, outputting each individual condition and the Total Score as separate columns for powerful, flexible market analysis.

2. Core Concepts & How It Works

This screener is built on the core principles of classic trend-following. It evaluates assets against a comprehensive checklist to ensure they are not only trending, but are also liquid, volatile, and at a strategic entry point.

The script systematically checks for:

• Liquidity: Ensures the asset is actively traded with significant dollar volume, which is crucial for minimizing slippage. It checks both the daily turnover and the 30-day average volume.
  
• Trend Confirmation: Utilizes a dual-moving average system (20/50 SMA default) to confirm the underlying trend direction. It also includes an optional filter to ensure the long-term moving average is actively sloping upwards, confirming trend health.
  
• Trend Strength: Employs the Average Directional Index (ADX) to measure the strength of the trend, filtering out weak or choppy price action.
  
• Momentum: Uses the Relative Strength Index (RSI) to confirm that the asset has positive momentum, as strong trends are supported by sustained buying pressure.
  
• Volatility: Measures volatility using the Average True Range (ATR) as a percentage of the price. This ensures the asset has enough movement to be profitable, a key factor in the 24/7 crypto market.
  
• Strategic Entry: Offers a user-selectable "Entry Mode." You can choose between:
  
  • Breakout Mode: Identifies assets breaking out to new highs on a surge of volume.
    
  • Pullback Mode: Identifies assets already in a strong uptrend that are experiencing a healthy dip to a key moving average, offering a potentially better risk/reward entry.
    

3. How to Use This Script

This indicator is designed for two primary workflows:

1. Single-Asset Analysis: When you apply the script to any crypto chart, a detailed diagnostic table will appear in the bottom-right corner. This table provides a real-time checklist, showing true or false for each of the 7 conditions and the final score, allowing for a quick and deep analysis of any individual asset.
   
2. Full Market Screening (Recommended):
   • Open the Crypto Screener on TradingView.
     
   • Click the "Filters" button and at the bottom of the menu, select this script ("Ultimate Crypto Trend & Liquidity Screener").
     
   • Click the "Columns" button on the screener and add the columns generated by this script, such as "Total Score," "Liquidity OK," "Entry Signal OK," etc.
     
   • You can now sort the entire crypto market by "Total Score" to instantly find the strongest candidates, or filter for assets that meet specific conditions (e.g.,

     Total Score > 5

     ).
     

4. Inputs & Customization

All parameters within this script are fully customizable via the "Settings" menu. The default values have been tuned for general use in the crypto market (e.g., faster moving averages, higher volatility thresholds), but you are encouraged to adjust them to fit your specific trading style, preferred timeframes, and risk tolerance.

5. Disclaimer

This tool is designed for educational and analytical purposes to aid in the decision-making process. It does not provide financial advice or guarantee trading success. Past performance is not indicative of future results. Always use this screener in conjunction with your own comprehensive analysis and robust risk management practices. This script is published open-source to encourage community learning and collaboration.

il y a 3 jours

Notes de version

Updating value