OPEN-SOURCE SCRIPT
Zaktualizowano Grok's xAI Signal (GXS) Indicator for BTC V4
Overview
The "Grok's xAI Signal (GXS) Indicator for BTC V4" is a custom technical analysis tool for TradingView, optimized for Bitcoin (BTC) charts. It overlays on the price pane and produces buy/sell signals via a "GXS Score" that integrates technical indicators, an on-chain proxy, and a trend regime filter. This indicator identifies bullish/bearish setups in trending markets while filtering out noise in ranging conditions.
As an indicator (not a strategy), it emphasizes visualization: EMAs, clouds, arrows with price labels, background colors, and an optional score table. No automated trades or backtests—focus on alerts and manual insights.
Core approach:
Composite scoring: Normalizes inputs from momentum (RSI, MACD), trend (EMAs, ADX), volatility (BB), and NVT proxy into a -1 to +1 score.
Regime filter: Signals only when ADX indicates a trend.
BTC-tuned: Uses volume/close for on-chain signals, leveraging crypto data.
Ideal for 1H, 4H, or 1D BTC/USD charts.
GXS Score: Reasoning and Composition
At the heart of the indicator is the GXS Score, a weighted composite designed to capture multifaceted market dynamics while prioritizing reliability in volatile assets like BTC. The reasoning stems from an xAI-inspired philosophy: blend diverse signals to mitigate individual indicator biases, emphasize technical momentum for short-term edges, incorporate on-chain fundamentals for longer-term context, and apply a regime filter to avoid over-trading in choppy conditions. This creates a robust, normalized score (-1 bearish to +1 bullish) that triggers signals only on crossovers in confirmed trends, reducing false positives.
The score is built hierarchically:
Technical Sub-Score (50% weight): Averages four normalized components (-1 to +1) for broad coverage:
RSI (momentum oscillator): +1 for oversold (deep value buys), -1 for overbought (exhaustion sells). Rationale: Captures mean-reversion extremes, crucial in BTC's boom-bust cycles.
MACD (trend momentum): +1 for bullish histogram/line crossover, -1 for bearish. Extra 10% boost in final score for its sensitivity to divergences, providing early reversal hints.
EMA Stack (trend alignment): +1 if price > fast EMA > slow EMA (bull stack), -1 otherwise. Justifies trend persistence without lag, filtering noise in sideways markets.
Bollinger Bands (volatility context): +0.5/-0.5 during squeezes (width <10%) if price above/below basis. Logic: Low volatility precedes breakouts; this adds directional bias to potential expansions, vital for BTC's explosive moves.
This 50% allocation reflects technicals' proven edge in price prediction, averaged to smooth outliers.
On-Chain Sub-Score (30% weight): +0.5 if NVT proxy (smoothed volume/price turnover) < 50-period SMA, -0.5 otherwise, scaled by regime. Why on-chain? BTC's value ties to network health; low NVT signals undervaluation (high utility relative to cap), countering hype-driven pumps. Scaled weighting acknowledges data limitations but adds fundamental depth.
Regime Boost (10% weight): Direct +0.1 from ADX > threshold (trending binary). Purpose: Amplifies scores in directional markets (ADX ~20+), where trends persist, while damping in ranges to prevent whipsaws—aligning with empirical evidence that most profits come from trends, not oscillations.
Final formula: 0.5 * tech_avg + 0.3 * onchain + 0.1 * regime + 0.1 * macd. Weights are empirically tuned: heavy on tech for reactivity, balanced with on-chain for sustainability, and regime/MACD for confirmation. This avoids over-reliance (e.g., no single indicator dominates) and promotes confluence, making signals more actionable than isolated crossovers.
Tips
Use 4H/1D for BTC to leverage trend strength; enable the score table for live tracking of GXS value against thresholds.
Adjust thresholds (e.g., +0.3/-0.3) or ADX to 25+ for fewer, higher-quality signals.
Customize visuals: Hide EMAs/clouds in volatile periods; use small arrows for clean charts; always enable price labels for entry precision.
Set up alerts early—combine with webhooks for automated bots; test on historical data to align with your risk tolerance.
For confluence, pair with volume spikes or external news; monitor regime shifts via the table to avoid ranging-market traps.
The "Grok's xAI Signal (GXS) Indicator for BTC V4" is a custom technical analysis tool for TradingView, optimized for Bitcoin (BTC) charts. It overlays on the price pane and produces buy/sell signals via a "GXS Score" that integrates technical indicators, an on-chain proxy, and a trend regime filter. This indicator identifies bullish/bearish setups in trending markets while filtering out noise in ranging conditions.
As an indicator (not a strategy), it emphasizes visualization: EMAs, clouds, arrows with price labels, background colors, and an optional score table. No automated trades or backtests—focus on alerts and manual insights.
Core approach:
Composite scoring: Normalizes inputs from momentum (RSI, MACD), trend (EMAs, ADX), volatility (BB), and NVT proxy into a -1 to +1 score.
Regime filter: Signals only when ADX indicates a trend.
BTC-tuned: Uses volume/close for on-chain signals, leveraging crypto data.
Ideal for 1H, 4H, or 1D BTC/USD charts.
GXS Score: Reasoning and Composition
At the heart of the indicator is the GXS Score, a weighted composite designed to capture multifaceted market dynamics while prioritizing reliability in volatile assets like BTC. The reasoning stems from an xAI-inspired philosophy: blend diverse signals to mitigate individual indicator biases, emphasize technical momentum for short-term edges, incorporate on-chain fundamentals for longer-term context, and apply a regime filter to avoid over-trading in choppy conditions. This creates a robust, normalized score (-1 bearish to +1 bullish) that triggers signals only on crossovers in confirmed trends, reducing false positives.
The score is built hierarchically:
Technical Sub-Score (50% weight): Averages four normalized components (-1 to +1) for broad coverage:
RSI (momentum oscillator): +1 for oversold (deep value buys), -1 for overbought (exhaustion sells). Rationale: Captures mean-reversion extremes, crucial in BTC's boom-bust cycles.
MACD (trend momentum): +1 for bullish histogram/line crossover, -1 for bearish. Extra 10% boost in final score for its sensitivity to divergences, providing early reversal hints.
EMA Stack (trend alignment): +1 if price > fast EMA > slow EMA (bull stack), -1 otherwise. Justifies trend persistence without lag, filtering noise in sideways markets.
Bollinger Bands (volatility context): +0.5/-0.5 during squeezes (width <10%) if price above/below basis. Logic: Low volatility precedes breakouts; this adds directional bias to potential expansions, vital for BTC's explosive moves.
This 50% allocation reflects technicals' proven edge in price prediction, averaged to smooth outliers.
On-Chain Sub-Score (30% weight): +0.5 if NVT proxy (smoothed volume/price turnover) < 50-period SMA, -0.5 otherwise, scaled by regime. Why on-chain? BTC's value ties to network health; low NVT signals undervaluation (high utility relative to cap), countering hype-driven pumps. Scaled weighting acknowledges data limitations but adds fundamental depth.
Regime Boost (10% weight): Direct +0.1 from ADX > threshold (trending binary). Purpose: Amplifies scores in directional markets (ADX ~20+), where trends persist, while damping in ranges to prevent whipsaws—aligning with empirical evidence that most profits come from trends, not oscillations.
Final formula: 0.5 * tech_avg + 0.3 * onchain + 0.1 * regime + 0.1 * macd. Weights are empirically tuned: heavy on tech for reactivity, balanced with on-chain for sustainability, and regime/MACD for confirmation. This avoids over-reliance (e.g., no single indicator dominates) and promotes confluence, making signals more actionable than isolated crossovers.
Tips
Use 4H/1D for BTC to leverage trend strength; enable the score table for live tracking of GXS value against thresholds.
Adjust thresholds (e.g., +0.3/-0.3) or ADX to 25+ for fewer, higher-quality signals.
Customize visuals: Hide EMAs/clouds in volatile periods; use small arrows for clean charts; always enable price labels for entry precision.
Set up alerts early—combine with webhooks for automated bots; test on historical data to align with your risk tolerance.
For confluence, pair with volume spikes or external news; monitor regime shifts via the table to avoid ranging-market traps.
Informacje o Wersji
Added the scoring bar on the bottom which can be toggled on or off in settings. Green for bullish, red for bearish and grey for neutralSkrypt open-source
W duchu TradingView twórca tego skryptu udostępnił go jako open-source, aby traderzy mogli analizować i weryfikować jego funkcjonalność. Brawo dla autora! Możesz korzystać z niego za darmo, ale pamiętaj, że ponowna publikacja kodu podlega naszym Zasadom Społeczności.
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Skrypt open-source
W duchu TradingView twórca tego skryptu udostępnił go jako open-source, aby traderzy mogli analizować i weryfikować jego funkcjonalność. Brawo dla autora! Możesz korzystać z niego za darmo, ale pamiętaj, że ponowna publikacja kodu podlega naszym Zasadom Społeczności.
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.