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Kaya RSI BASED INFLATION INDICATOR
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Use your own risk.
This indicator aims look inflation of your emita according to the BTC and XAU. Also you can use Dxy too. The main idea of behind of this indicator is rsi. But not normal rsi :).
For example. If green(XAU) line upper then xau going to up better than BTC and your emita. If red line (BTC) is upper, thats mean buying BTC can be more profitably. Blue line (named Normal means this is your emita) is upper that mean your emita is can be more profitably than the others. You can think opposite for lower situations.
Be aware this is not mean percent rising or declining. This is just understanding for which of them (relatively) moving how according to the rsi.
Maybe it can using for positons too. But I didnt test it. So be carefull.
Best Regards.
This indicator aims look inflation of your emita according to the BTC and XAU. Also you can use Dxy too. The main idea of behind of this indicator is rsi. But not normal rsi :).
For example. If green(XAU) line upper then xau going to up better than BTC and your emita. If red line (BTC) is upper, thats mean buying BTC can be more profitably. Blue line (named Normal means this is your emita) is upper that mean your emita is can be more profitably than the others. You can think opposite for lower situations.
Be aware this is not mean percent rising or declining. This is just understanding for which of them (relatively) moving how according to the rsi.
Maybe it can using for positons too. But I didnt test it. So be carefull.
Best Regards.
Nota Keluaran
Marketcap of USDT Added. Be aware,
There is Rsi in calculations and you can choose your rsi period.
But this isnt mean this lines is rsi. There is also moving avarage calculation in this indicator.
If you have a question or an opinion contct with me.
Nota Keluaran
UKOIL and ETH added. Nota Keluaran
You can use any emita in this indicator. BTC, XAU, SP500, DXY, UKOIL, ETH and USDT.
Just choose them from Stil.
Nota Keluaran
USDCHF added.And dont forget Normal mean your emita on the chart.
Nota Keluaran
Colors changed.Nota Keluaran
SPX changed with US500 for gaps.Nota Keluaran
EURUSD added to pairs enjoy it...Nota Keluaran
USDTRY added.Nota Keluaran
GBPUSD, YFIUSDT, CRYPTOCAP:TOTAL added enjoy it. 
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.