True alt season indicator (how to)

To create a custom chart for TOTAL3/BTCUSD in TradingView using the spread chart technique, follow these steps:

Steps to Create the Custom Chart
Open Symbol Search

In the upper left corner of TradingView, click on the symbol (e.g., the ticker name or pair currently displayed).
Start Typing the Custom Pair

In the symbol search popup, type:
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TOTAL3/BTCUSD
Select BTCUSD Pair

You'll see some BTCUSD pairs in the search results (e.g., from Binance, Coinbase, etc.).
Click on the BTCUSD pair from your desired exchange (e.g., Binance:BTCUSD).
After selecting, the text will change to something like:

makefile
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TOTAL3/BINANCE:BTCUSD
Select TOTAL3

Move your cursor to the TOTAL3 part of the text you typed.
In the results, you'll see the TOTAL3 (Crypto Total Market Cap Excluding BTC & ETH).
Click on TOTAL3 to select it.
The text will now update to:

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CRYPTOCAP:TOTAL3/BINANCE:BTCUSD
Confirm the Chart

Press ENTER to load the chart.
You'll now see a custom spread chart labeled:
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CRYPTOCAP:TOTAL3/BINANCE:BTCUSD
Verify the Chart
Add the custom chart to your watchlist by pressing ALT+W (or right-click the chart and select "Add to Watchlist").
Compare the chart with another source (if available) to ensure it aligns with your expectations.
If the data aligns, your custom pair is set up correctly.
Using the Custom Chart
This method works for any custom pair where one or both components exist in TradingView.
You can perform technical analysis, set alerts, and use indicators on your custom spread chart.
Additional Notes
If you're unfamiliar with TOTAL3:
TOTAL3 represents the total cryptocurrency market cap, excluding Bitcoin (BTC) and Ethereum (ETH).
It’s useful for analyzing altcoin market performance.
For more details about spread charts, you can refer to TradingView's spread charts documentation.