INVITE-ONLY SCRIPT
Gold Spotter
goldtrader.substack.com
Two “Baskets” of Data
The script constructs two composite values (one green, one red) by fetching certain currency-related data in the background. Each composite is normalized over a lookback period so both lines map into a 0–100 range.
Weighting by Another Security’s Trend
A ratio is calculated from the chart’s own price vs. its moving average. That ratio is raised to a specified “power” (configured by the user), then used to scale each composite. This means if the price is above its average, both lines can be inflated; if below, both lines can be suppressed.
What the Lines Represent
Green Line: Represents a “pegged basket” index. (A small group of instruments that historically move in a certain way relative to Gold.)
Red Line: Represents an “exotics basket” index. (A different group of instruments that also has a meaningful relationship to Gold.)
What Is It Predicting
By measuring hidden relationships between these two baskets and weighting them by the chart’s trend, the green/red lines often provide an early read on which direction Gold might take next usually leading by 3-7 days.
Two “Baskets” of Data
The script constructs two composite values (one green, one red) by fetching certain currency-related data in the background. Each composite is normalized over a lookback period so both lines map into a 0–100 range.
Weighting by Another Security’s Trend
A ratio is calculated from the chart’s own price vs. its moving average. That ratio is raised to a specified “power” (configured by the user), then used to scale each composite. This means if the price is above its average, both lines can be inflated; if below, both lines can be suppressed.
What the Lines Represent
Green Line: Represents a “pegged basket” index. (A small group of instruments that historically move in a certain way relative to Gold.)
Red Line: Represents an “exotics basket” index. (A different group of instruments that also has a meaningful relationship to Gold.)
What Is It Predicting
By measuring hidden relationships between these two baskets and weighting them by the chart’s trend, the green/red lines often provide an early read on which direction Gold might take next usually leading by 3-7 days.
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡JoeTheGoldTrader。
請注意，此私人、僅限邀請的腳本尚未經過腳本管理員審核，其是否符合社群規範尚無定論。 除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Please send me a message with your email address to be added.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡JoeTheGoldTrader。
請注意，此私人、僅限邀請的腳本尚未經過腳本管理員審核，其是否符合社群規範尚無定論。 除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Please send me a message with your email address to be added.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。