OPEN-SOURCE SCRIPT
Telah dikemas kini Speculation Index 🐕

This script is a recreation of Charles Edwards' 'Speculation Index' indicator (found on Capriole Investments).
It tracks the average of altcoins with 90-day (or custom period) returns greater than Bitcoin. Higher scores mean that more altcoins are outperforming Bitcoin. Lower scores mean that Bitcoin is outperforming altcoins.
This script includes 39 altcoins with history dating back to 2021. This means any results prior to 2021 will have a sample size smaller than 40.
Like the Crypto Breadth indicator that I published, I've included a normalization function. Because this script only tracks 39 altcoins — due to Pine Script capabilities — the Speculation Index skews to the left, as many of the tokens have been created later in Cryptocurrency history. However, the addition of the normalization function aims to solve this.
Please let me know if you come across any problems while using this script.
- Dugald 🐕
It tracks the average of altcoins with 90-day (or custom period) returns greater than Bitcoin. Higher scores mean that more altcoins are outperforming Bitcoin. Lower scores mean that Bitcoin is outperforming altcoins.
This script includes 39 altcoins with history dating back to 2021. This means any results prior to 2021 will have a sample size smaller than 40.
Like the Crypto Breadth indicator that I published, I've included a normalization function. Because this script only tracks 39 altcoins — due to Pine Script capabilities — the Speculation Index skews to the left, as many of the tokens have been created later in Cryptocurrency history. However, the addition of the normalization function aims to solve this.
Please let me know if you come across any problems while using this script.
- Dugald 🐕
Nota Keluaran
-Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.