OPEN-SOURCE SCRIPT
Aktualisiert

Market Outlook | Shitcoin Index 'TOP 20 Exc.'

225
The script is structured to analyze the cryptocurrency market by comparing the performance and dominance of the trash index by excluding(BTC,ETH,Stablecoins & the top 20 Coins ) from TOTAL market. It provide users with insights into market trends, dominance shifts, and performance metrics of these selected cryptocurrencies.

- Table provided to display values of current and previous % change based on chart timeframe

- The most noticable insight is the comparison of shitcoin dominance to others.D with 33% difference in dominance.

- Majors excluded are also aggregated to compare against index

- Chart also plots the candles of the MC and the % dominance of the shitcoin Index
* Go to settings to uncheck index and check dominance for displaying the data series of
shitcoin % dominance.


- The chart also ignores assets that do not have a long history of data and creates candlestick
charts starting from the earliest available price history of the assets.

Note: Trends are not signals rather offers an overview of the market conditions. Changes in coin rankings must be done manually.
Versionshinweise
- Added majors dominance to plot
Versionshinweise
- Update list
Versionshinweise
...
Versionshinweise
- v2.0
Versionshinweise
V3.0
Versionshinweise
...
Versionshinweise
- Included insights on trends using the Relative Strength Index (RSI), z-score, and Rate of Change (ROC) for data series. These insights are applied to fixed timeframes of 1 day, 1 week, and 1 month, with data series lengths set at 30, 13, and 6, respectively, other timeframes are defualt to 14.
Versionshinweise
- Candle Color Update

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.