Summary of the Solar Movement Gradient Indicator This Pine Script creates a dynamic, colorful indicator inspired by solar movements. It uses a sinusoidal wave to plot oscillations over time with a rainbow-like gradient that changes based on the wave's position.
Key Features Sinusoidal Wave:
A wave oscillates smoothly based on the bar index (time) or optionally influenced by price movements. The wave’s amplitude, baseline, and wavelength can be customized. Dynamic Colors:
A spectrum of seven colors (red, orange, yellow, green, blue, purple, pink) is used. The color changes smoothly along with the wave, emulating a solar gradient. Background Gradient:
An optional gradient fills the background with colors matching the wave, adding a visually pleasing effect. Customizable Inputs Gradient Speed: Adjusts how fast the wave and colors change over time. Amplitude & Wavelength: Controls the height and smoothness of the wave. Price Influence: Allows the wave to react dynamically to price movements. Background Gradient: Toggles a colorful gradient in the chart’s background. Use Case This indicator is designed for visual appeal rather than trading signals. It enhances the chart with a dynamic and colorful representation, making it perfect for aesthetic customization.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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