Social Sentiment

28 thg 11, 2024

The Social Sentiment Indicator aggregates social sentiment data from Telegram and LunarCrush, normalizing and smoothing the data to create an intuitive, adaptive sentiment signal. By comparing positive and negative sentiment from Telegram with LunarCrush's sentiment percentages, this indicator provides a visual representation of aggregated market sentiment.

This script provides context for market sentiment, helping traders understand crowd psychology and its potential impact on price action. It excels at identifying moments of extreme optimism or pessimism, which can act as confirmations or warnings in a broader trading strategy.

This tool provides context but lacks direct buy/sell signals. Works best in trending or volatile markets but should be combined with other indicators for a complete trading strategy.

8 thg 12, 2024

Phát hành các Ghi chú

This indicator helps traders understand market psychology by identifying moments of extreme optimism or pessimism. Green bars indicate positive sentiment surpassing the threshold, while red bars indicate negative sentiment crossing the threshold. Gray bars represent neutral or non-actionable sentiment.