OPEN-SOURCE SCRIPT
COVID-19: Daily momentum
Updated
This indicator shows 14-days moving average of daily rate of change (momentum, acceleration), in other words:
- up trends means that virus accelerates at the rate displayed on the right scale
- consolidation/horizontal movement - virus spreads at constant rate
- down trend - virus looses momentum IMPORTANT: the virus STILL accelerates but at a lower rate
By default the graphic displays World vs. EU vs. US vs. Asia while individual countries are available in Settings.
- EU includes the following countries (DE, FR, IT, ES, CH), all with more than 10k confirmed cases and more than 1k new daily infections.
- Asia includes CH and KR
To use the indicator it is important to disconnect main chart from the right scale, on main chart click on More (the 3 dots) -> Pin to scale -> Select "No Scale".
- up trends means that virus accelerates at the rate displayed on the right scale
- consolidation/horizontal movement - virus spreads at constant rate
- down trend - virus looses momentum IMPORTANT: the virus STILL accelerates but at a lower rate
By default the graphic displays World vs. EU vs. US vs. Asia while individual countries are available in Settings.
- EU includes the following countries (DE, FR, IT, ES, CH), all with more than 10k confirmed cases and more than 1k new daily infections.
- Asia includes CH and KR
To use the indicator it is important to disconnect main chart from the right scale, on main chart click on More (the 3 dots) -> Pin to scale -> Select "No Scale".
Release Notes
# Changelog## 0.0.2 - 2020-04-02
### Added
- Netherlands (NL) - more than 1k new cases / day
- Belgium (BE) - more than 1k new cases / day
- Austria (AT) - more than 10k total cases
### Changed
- rename main function momentum
### Removed
- population texts
Release Notes
# Changelog## 0.0.3 - 20200406
### Added
- Portugal, PT - with more than 10k total cases
### Changed
- refactoring and DRY the code
- adjust labels' position
Release Notes
Adding Iran, Turkey, India, Indonesia, each of them with over 1k deathsRelease Notes
Remove COVID19 prefix, fix GB series' nameRelease Notes
Fix GB data source name.Open-source script
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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