PROTECTED SOURCE SCRIPT
Aktualisiert

DXM Oscillator

2 108
The DXM oscillator is a cryptocurrency indicator. It compares the price action of the underlying asset to the movement of the total cryptocurrency market capitalization and determines if there is excess buy or sell pressure (red/green area plot, x). The strength of x is absolute in that a move above 20 or below -20 is considered "strong pressure". The incorporated histogram also helps illustrate the strength of x in addition to signaling potential long/short entries. The histogram is color-coded:

green = long
red = short
yellow = aggressive long
purple = aggressive short

If you have any questions, feel free to leave a comment or DM me.

Happy trades,

Sim
Versionshinweise
Cleaned up code; new histogram signal (white) is very aggressive long/short signal.
Versionshinweise
Added option to compare price action to altcoin market cap movement.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.