OPEN-SOURCE SCRIPT

Multi-Data Chart-Analytics

97
Dynamic Sentiment & Contextual Trend Analysis

Function Description
The Multi-Data Chart-Analytics is a comprehensive market context indicator designed to convert complex technical data into a readable, real-time narrative. Unlike traditional visual-only indicators, this script acts as an on-chart "trading assistant" that evaluates price action, momentum, volatility, and institutional volume simultaneously.

Key Technical Features:
Adaptive Trend Engine: Automatically scales its lookback period based on available historical data (up to 200 periods). This ensures accurate analysis for "young" assets or high timeframes (like BTC on Monthly charts) where standard fixed-length EMAs fail.

Momentum & Feel Tracking: Integrates RSI and DMI (ADX) to determine if the market is overextended (expensive) or undervalued (cheap), and whether the trend has sufficient strength.

Volatility Squeeze Detection: Monitors Bollinger Band width to alert users to "coiling" phases, signaling imminent breakouts.

Institutional Volume Filter: Compares current volume against its 20-period moving average to identify "Smart Money" conviction.

Who is this for?
Discretionary Traders: Who want a quick "second opinion" or sanity check before entering a trade.

Beginners: Who find it difficult to read multiple indicators at once; the terminal translates lines into actionable insights.

Systematic Traders: Who need to maintain awareness of higher-timeframe context without cluttering their main chart window.

How to Use It
Look at the Environment: Start by checking the long-term trend status to ensure you aren't trading against the dominant market force.

Verify Momentum: Check "Market Feel" to avoid buying at exhaustion points (Overbought) or selling at bottoms (Oversold).

Prepare for Breakouts: Keep an eye on the "Volatility" section. If it indicates a "Squeeze," tighten your stops or prepare for a large move.

Confirm with Smart Money: Only trust significant moves if the terminal confirms "Institutional Activity" is present.

Customize: Use the settings menu to adjust the box width, colors, and font size to fit your personal chart layout.

Technical Breakdown (Short Form)
Trend: Adaptive EMA/SMA (max 200).

Momentum: RSI (14) + ADX (14).

Volatility: Bollinger Band Width (20).

Volume: SMA (20) based Volume multiplier.

You might want to use this script in combination with our "Range Indicator Golden Pocket" and "Multi Asset & Multi Timeframe Trend Dashoboard" and the "Risk & Reward Position Planner"

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.