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BTC Multiples calculates and displays Bitcoin macro valuation metrics in a separate pane, including the Mayer Multiple, Stock-to-Flow Multiple, Difficulty Multiple, and Puell Multiple. Each valuation multiple features configurable overvalued and undervalued th
Indicator · Pine Script v6 · Own pane
SPX/Gold Ratio Bubble Detector
Calculates the price ratio between the S&P 500 (defaulting to SPY) and Gold (defaulting to GLD) to evaluate macro valuation extremes.
GitHub stars3on the repository
Pine versionv6current
Lines of code228
Settings11inputs
LicenceCustom licence
Last update1 year ago19 Sep 2025
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
SPX/Gold Ratio Bubble Detector tracks the ratio alongside a simple moving average and evaluates market status across customizable warning, danger, and extreme thresholds. The script draws the ratio line, moving average, threshold bands, and condition tags in a separate pane. Users can adjust the underlying symbols, threshold tiers, moving average length, and toggle visual elements or alert conditions.
- SPX to Gold relative valuation ratio
- Multi-tier threshold zones for bubble detection
- Simple moving average baseline smoothing
- Normalized 0-100 bubble signal strength calculation
- Configurable ticker inputs and alert triggers
Details
Published by
EngineeredSuccess on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Moving averages, Support & resistance
Markets
Stocks, Gold, Indices, Oil & commodities
Timeframes
H4 and above
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| SPX Symbol (ETF) | symbol | SPY | spx_symbol |
| Gold Symbol (ETF) | symbol | GLD | gold_symbol |
| Bubble Warning Level | float | 2.0 | bubble_warning |
| Bubble Danger Level | float | 2.3 | bubble_danger |
| Bubble Extreme Level | float | 2.6 | bubble_extreme |
| Show Ratio Line | bool | true | show_ratio |
| Show Moving Average | bool | true | show_ma |
| Show Threshold Bands | bool | true | show_bands |
| Show Bubble Signals | bool | true | show_signals |
| Moving Average Length | int | 50 | ma_length |
| Enable Alerts | bool | true | enable_alerts |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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