Coronavirus (COVID-19)
COVID-19 QuantifiedSince TradingView has added the COVID-19 tickers I wanted to get this out for everyone.
Hopefully, someone finds it useful and/or helpful in any way. Stay safe out there guys.
Inputs:
"Region" - Select the region you would like the formulas applied to
note:
All metrics are displayed in a percentage format. Suggest You right-click on the price scale within the indicator tile and enable "logarithmic".
CovidThis indicator is meant to track the trend of total deaths and total confirmed cases of coronavirus.
silver column = (change in deaths)/(change in cases)
black line = (total deaths/total cases)
maroon line = (change in deaths)
navy line = (change in cases)
Interpretation: When they are trending up, it is bearish. When they are trending down, it is bullish.
maroon line going up = virus is not contained, higher % increase in cases than previous day
navy line going up = no antidote found, higher % passed away than previous day
black line going up = 4% of confirmed cases resulted in deaths, higher than yesterday
silver columns increasing = there was an increase in the percentage of deaths relative to the percentage of confirmed cases
