Sentiment by JDG v5.0

Hi Trading View User,

First of all: Strictly use 1hr TF


This strategy uses the following indicators:
1. RSI (default and improved provided by trading view.
2. Fear and greed index
3. Slope of Fear and Greed Index( Drop over run formula)
Slope is calculated and fine tuned for every stock/coin.
All crypto coins have different slope structure / fear and greed DNA.
Slope is different for every coin/stock, this is automatically calculated by the script and optimized for best profit.

How the Fear and Greed Index is calculated
So how do they arrive at the final number? There are multiple factors that influence the ultimate output.

1. Volatility: The index compares volatility and max drawdowns (a drawdown is a decline in value) against the 30-day and 90-day average volatility and drawdown numbers. Higher volatility is considered fearful and increases the final output. Volatility represents 25% of the index value.
2. Momentum/volume: The index measures the current momentum and volume of the bitcoin market. Again, against the 30-day and 90-day averages. High volume and momentum are seen as negative metrics and increase the final index output. Momentum/ volume represents 25% of the index value.
3. Social Media: The index tracts mentions and hashtags for bitcoin , and compares them to historical averages. Higher mentions and hashtags are interpreted as increased market involvement and lead to an increase in the final index output. Social media represents 15% of the index value.
4. Surveys: The index conducts large, market-wide surveys on a weekly basis. Usually, there are 2,000-3,000 participants in each survey. More enthusiastic survey results drive the index higher, pointing to market greed prevailing. Surveys represent 15% of the index value.
5. Dominance: The index measures bitcoin dominance in the overall market. The higher the bitcoin dominance, the more fearful the market – as interpreted by the index. As alternative coins gain market share, the market is acting courageously and not fearfully. The lower the bitcoin dominance, the greedier the market is becoming. 6. 6. Dominance represents 10% of the index value.
7. Trends: The index includes Google trend numbers in the final value. The higher the search interest of cryptocurrency becomes; the higher amount of greed is seen in the market. Trends represent 10% of the index value.

For more information on Crypto Fear & Greed Index please do visit:
alternative.me/crypt...ear-and-greed-index/



Strategy Buy Conditions:
1. Sentiment is at Extreme Fear and Fear , as this increases the price also increases.
2. Trading view RSI crossing up

Note: Wait for long signal, then enter a trade on the rocket emoji

Strategy Sell Conditions:
1. Sentiment is at Extreme Greed and Greed , as this decreases the price also decreases.


The current code/ strategy supports 55 coins from Binance for spot / futures trading.
Here are the list:
SHIBUSDT
AAVEUSDT
ADAUSDT
AKROUSDT
ALGOUSDT
ATOMUSDT
AUDIOUSDT
AVAXUSDT
AXSUSDT
BANDUSDT
BATUSDT
BLZUSDT
BTCDOMUSDTPERP
BTCUSDT
CTKUSDT
EGLDUSDT
EOSUSDT
ETHUSDT
FLMUSDT
FTMUSDT
GALAUSDT
IOTAUSDT
IOTXUSDT
KAVAUSDT
KLAYUSDT
LITUSDT
LRCUSDT
LUNAUSDT
MATICUSDT
MTLUSDT
NEARUSDT
NEOUSDT
ONTUSDT
ROSEUSDT
RUNEUSDT
SANDUSDT
SKLUSDT
SOLUSDT
THETAUSDT
WAVESUSDT
XRPUSDT
ZECUSDT
HBARUSDT
ONEUSDT
GRTUSDT
DOTUSDT
CTSIUSDT
VETUSDT
LINKUSDT
SRMUSDT
OGNUSDT
MANAUSDT

Reminding again, please use 1HR TF only when using this strategy.
Wait for long signal, then enter a trade on the rocket emoji


Message me for access.

-CodeFather

Versionsinformation:

ADDED 10 NEW COINS



if currentstock =='ETCUSDT'
slopeset := 0.35

if currentstock =='DOGEUSDT'
slopeset :=0.35


if currentstock =='CHZUSDT'
slopeset := 0.35


if currentstock =='CHRUSDT'
slopeset := 0.35


if currentstock =='INCHUSDT'
slopeset := 0.35


if currentstock =='ALICEUSDT'
slopeset := 0.35

if currentstock =='BNBUSDT'
slopeset := 0.35

if currentstock =='ENJUSDT'
slopeset := 0.35

if currentstock =='DASHUSDT'
slopeset := 0.35


if currentstock =='FTTUSDT'
slopeset := 0.6


if currentstock =='RSRUSDT'
slopeset := 0.6

Versionsinformation:

Ver 5.3
UI Improvements:

Summary Table:
1. FnG Signal
2. FnG Level
3.Bar Count
4 .RSI Cross
5. RSI Bars
6. MACD
7. EMA 10, 20, 50, 100, 200
8. Bollinger Bands

Versionsinformation:

Updates:

1. Added 4hr table, no need to switch tf to access other indicators
2. USDTPERP coins is now supported
3. Tick box to disable rocket/burn emoji plotting

Versionsinformation:

Added Alerts for Long and Close Position

Versionsinformation:

updated alert names and titles