OPEN-SOURCE SCRIPT
Dominance

Hi!
A script where you can play with 'Dominance" to make things more clear.
Initially we'll get this,
all available % dominance of BTC/Alts,...:

We can set an EMA on it to smooth things out:

We can filter so we keep want we want to see:

Finally, we can adjust the ratio's, which makes comparisons easier

Do mind, when you do this, don't look at the numbers!
They are changed, only to make it visually easier to see what goes up and down
Also, when doing this it may happen that lines flow in each other
Either way, you can get something like this:

You can see when BTC gets the inflow from ALTS, and USDT, you'll see that BNB recently is getting bigger, more inflow of USDT for some time now, etc...
Have fun!
A script where you can play with 'Dominance" to make things more clear.
Initially we'll get this,
all available % dominance of BTC/Alts,...:
We can set an EMA on it to smooth things out:
We can filter so we keep want we want to see:
Finally, we can adjust the ratio's, which makes comparisons easier
Do mind, when you do this, don't look at the numbers!
They are changed, only to make it visually easier to see what goes up and down
Also, when doing this it may happen that lines flow in each other
Either way, you can get something like this:
You can see when BTC gets the inflow from ALTS, and USDT, you'll see that BNB recently is getting bigger, more inflow of USDT for some time now, etc...
Have fun!
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.
Who are PineCoders?
tradingview.com/chart/SSP/yW5eOqtm-Who-are-PineCoders/
TG Pine Script® Q&A: t.me/PineCodersQA
- We cannot control our emotions,
but we can control our keyboard -
tradingview.com/chart/SSP/yW5eOqtm-Who-are-PineCoders/
TG Pine Script® Q&A: t.me/PineCodersQA
- We cannot control our emotions,
but we can control our keyboard -
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.
Who are PineCoders?
tradingview.com/chart/SSP/yW5eOqtm-Who-are-PineCoders/
TG Pine Script® Q&A: t.me/PineCodersQA
- We cannot control our emotions,
but we can control our keyboard -
tradingview.com/chart/SSP/yW5eOqtm-Who-are-PineCoders/
TG Pine Script® Q&A: t.me/PineCodersQA
- We cannot control our emotions,
but we can control our keyboard -
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.