OPEN-SOURCE SCRIPT

Crypto Breadth | AlphaNatt

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\Crypto Breadth | AlphaNatt\
A dynamic, visually modern market breadth indicator designed to track the strength of the top 40 cryptocurrencies by measuring how many are trading above their respective 50-day moving averages. Built with precision, branding consistency, and UI enhancements for fast interpretation.

\📊 What This Script Does\

* Aggregates the performance of \40 major cryptocurrencies\ on Binance
* Calculates a \breadth score (0.00–1.00)\ based on how many tokens are above their moving averages
* Smooths the breadth with optional averaging
* Displays the result as a \dynamic, color-coded line\ with aesthetic glow and gradient fill
* Provides automatic \background zones\ for extreme bullish/bearish conditions
* Includes \alerts\ for key threshold crossovers
* Highlights current values in an \information panel\

\🧠 How It Works\

* Pulls real-time `close` prices for 40 coins (e.g., XRP, BNB, SOL, DOGE, PEPE, RENDER, etc.)
* Compares each coin's price to its 50-day SMA (adjustable)
* Assigns a binary score:
• 1 if the coin is above its MA
• 0 if it’s below
* Aggregates all results and divides by 40 to produce a normalized \breadth percentage\

\🎨 Visual Design Features\

* Smooth blue-to-pink \color gradient\ matching the AlphaNatt brand
* Soft \glow effects\ on the main line for enhanced legibility
* Beautiful \multi-stop fill gradient\ with 16 transition zones
* Optional \background shading\ when extreme sentiment is detected:
• Bullish zone if breadth > 80%
• Bearish zone if breadth < 20%

\⚙️ User Inputs\

* \Moving Average Length\ – Number of periods to calculate each coin’s SMA
* \Smoothing Length\ – Smooths the final breadth value
* \Show Background Zones\ – Toggle extreme sentiment overlays
* \Show Gradient Fill\ – Toggle the modern multicolor area fill

\🛠️ Utility Table (Top Right)\

* Displays live breadth percentage
* Shows how many coins (e.g., 27/40) are currently above their MA

\🔔 Alerts Included\

* \Breadth crosses above 50%\ → Bullish signal
* \Breadth crosses below 50%\ → Bearish signal
* \Breadth > 80%\ → Strong bullish trend
* \Breadth < 20%\ → Strong bearish trend

\📈 Best Used For\

* Gauging overall market strength or weakness
* Timing trend transitions in the crypto market
* Confirming trend-based strategies with broad market support
* Visual dashboard in macro dashboards or strategy overlays

\✅ Designed For\

* Swing traders
* Quantitative investors
* Market structure analysts
* Anyone seeking a macro view of crypto performance

Note: Not financial advise

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.