When trading cryptocoins, it is necessary to check the price trend of NASDAQ, BTC.D, BTC.OI, BTC spot or other coins of similar groups.
However it is very cumbersome to put a comparison symbol in the Tradingview chart and combine individual indicators one by one.
Moreover even with such a combination, the chart is messy and visibility is not good.
This script was...
Here is a Dashboard to have an overview of the Alt Season oportunity.
Multiple time frame (Month / Week / Daily /4H)
How to use it?
You have 4 columns
TOTAL Crypto / Btc dominance / Btc Price / Alt ?
The alt? column is the resulte of the price and dominance of btc + 1 point with the total crypto
BTC Dominance UP ? Yes = Négatif for ALTS
...
Real BTC .D = BTC Market Cap / (Total Crypto Market Cap - Stablecoin Market Cap)
This indicator represents the BTC market cap divided by, total crypto market cap minus the sum of all USDT, USDC , BUSD and DAI. This provides a true BTC dominance % that represents BTC vs alts. Not BTC vs alts & stables.
The indicator also has a Hull MA that can be used to...