Stablecoins $ Growth Rate % [SwissAlgo]🧠 Description
This indicator tracks the percentage growth rate (ROC%) of the global market capitalization in $ of major stablecoins over a configurable lookback period.
It provides a macro view of capital inflows and outflows from stable assets, which may be seen as a potential signal for upcoming crypto market expansions or contractions .
The 1W timeframe is recommended for this indicator to filter out noise.
To see the total market cap of the monitored stablecoins, please use this formula:
CRYPTOCAP:USDT + CRYPTOCAP:USDC + CRYPTOCAP:DAI
💡 How It Works
The script aggregates and monitors the market cap data in $ of the following stablecoins, sourced from TradingView's CRYPTOCAP: tickers:
USDT
USDC
DAI
USDE (Ethena)
USD1 (Mountain Protocol)
USDD
It calculates the rate of change (ROC%) in total stablecoin capitalization over a user-defined period. A positive ROC% may indicate growing confidence or liquidity entering the market. A declining ROC% might precede selloffs or reduced market appetite.
To improve interpretation, the indicator:
1. Includes an optional moving average of the growth rate
2. Colors the background dynamically:
🟢 Light/dark green when growth is increasing or accelerating
🔴 Light/dark red when growth is declining or weakening
3. Displays an info table showing the current ROC%, total stablecoin market cap, and percentage breakdown of each coin
🛎️ Alerts
Built-in alerts will notify you when:
Growth exceeds an upper threshold (default, +5%)
Growth drops below a lower threshold (default, -5%)
These thresholds help identify extreme inflows/outflows that may impact risk-on/risk-off behavior in broader crypto markets.
📈 Use Case
This tool may be helpful for:
Macro traders watching capital rotation trends
Altcoin investors timing entries after stablecoin expansions
Analysts identifying inflection points in crypto sentiment
Quant/systematic traders as a filter for long/short regimes
🛠️ Customization
You can:
Adjust the growth window and the moving average length
Show/hide the MA and zero line
Adjust the upper/lower thresholds for remarkable ROC growth/decline
⚠️ Notes
Due to limited historical data on newer stablecoins (e.g., USDE, USD1), the full growth rate history may appear flat before their launch dates.
This is non-financial advice. Please do your own research before taking investment decisions, and do not risk more than you can afford to lose.
Marketcap
Stablecoin Supply Ratio [Alpha Extract]Stablecoin Supply Ratio Indicator
The Stablecoin Supply Ratio (SSR) indicator compares Bitcoin's market capitalization to the aggregate supply of major stablecoins, offering insights into relative purchasing power and liquidity. This tool helps traders:
✔ Assess Bitcoin's buying power relative to the available stablecoin liquidity.
✔ Detect periods of capital inflow or outflow from stablecoins.
✔ Identify market sentiment shifts based on stablecoin reserves.
🔶 CALCULATION
The indicator aggregates the supply of key stablecoins and compares it to Bitcoin's market cap:
Stablecoin Aggregation
• Inputs:
USDT, USDC, DAI, USDD (daily closing values).
BUSD Market Cap (Glassnode data).
• Total Stablecoin Supply:
Sum of the listed stablecoins' market caps.
Stablecoin Supply Ratio (SSR)
• Formula:
SSR = Bitcoin Market Cap / Total Stablecoin Supply
• Normalized SSR:
Normalized by dividing SSR by its 200-day SMA.
Bollinger Bands
• Bands are applied to the normalized SSR using a configurable moving average type and 2 standard deviations.
Example Calculation:
ssr = btcmc / stablecoin_liq
ratio = ssr / ta.sma(ssr, 200)
basis = ta.sma(ratio, 200)
dev = 2 * ta.stdev(ratio, 200)
upper = basis + dev
lower = basis - dev
🔶 DETAILS
Visual Features:
• Normalized SSR:
Plotted as a light green line.
• Upper Band:
Red line indicating SSR overbought zone.
• Lower Band:
Green line signaling SSR oversold zone.
Interpretation:
• High SSR: Indicates stablecoin reserves are low relative to Bitcoin's market cap, reducing stablecoin buying power.
• Low SSR: Suggests high stablecoin liquidity relative to Bitcoin's market cap, increasing potential buying pressure.
• Band Crosses: Movements beyond the upper or lower bands may signal sentiment extremes.
🔶 EXAMPLES
Market insights include:
• Capital Outflows: SSR rising into the upper band may reflect decreasing stablecoin reserves, potentially signaling a liquidity drain.
• Capital Inflows: SSR dropping near the lower band could indicate growing stablecoin reserves, potentially fueling Bitcoin demand.
🔶 SETTINGS
Customization Options:
• MA Type: Choose between SMA, EMA, WMA, SMMA, and VWMA for band calculation.
• Period: Adjust the 200-day smoothing period.
• Deviation Multiplier: Modify the standard deviation multiplier (default: 2).
The Stablecoin Supply Ratio indicator is a valuable tool for traders monitoring liquidity dynamics and stablecoin trends to anticipate Bitcoin market moves and capital flows.
Price Levels by Market Cap (Manual)This indicator will forecast the price by marketcap. The crypto's current circulating supply should be inputted manually.
Crypto Index Creator (MEMES & AI Supercycle Dominance, etc)This indicator aims to help to create any INDEX desired including but not limited to its Market Cap and Dominance on the crypto market.
This script was inspired originally by Murad's "Memecoins Dominance" but then I extended it to AI and can be extended to anything in fact, so you can create any index!
I made each token entry editable so that the script can survive the evolution of time as likely projects and INDEXES are going to change a lot, so that you can add/modify your own indices of preference if not listed by default and in order to make it future proof.
You can play with the settings, can compare to BTC, ETC, SOL, etc. for helping in your studies
You also have the option to check the info of each symbol on a table available on the settings, in order to help you figure out if there are any errors and also help you to easily check how the symbols are performing individually
Notes:
- Many projects are not like MEMECOINS that have fixed supply, normally VC projects have a very variable circulating supply, so you might want to update the info of the circulating supply for your projects to make it more accurate if you desire.
- For this script there is a limit of 32 Symbols, due to tradingview own limits, yet you can always "add" multiple projects per line as long as their circulating supply is the same.
- You might want to edit/sort the tickers of the top3, top5 and top10 if they follow bellow those top ranks, but this is not necessary if you don't care about Top 3-10 specific calculations.
- My default "indices" were made of token selections of mine as of November 2024, those defaults indices/tickers I might or might not update them eventually but you are free to adapt/modify the tickers in the settings as history evolves, and you can leave your own indexes on the comment section of this post for others to use
- As you might not be able to create/store multiple different indexes at the same time, you might want to add this indicator multiple times on your screen and then modify the tickers of each instance of this indicator, by that you can have multiple indexes.
Real-Time Market Cap for APU TokenIndicator Description: Real-Time Market Cap for APU Token
This custom TradingView indicator is designed to display the market capitalization of the APU token in real-time, allowing traders and investors to make informed decisions based on the current market conditions.
The APU token, known for its community-driven approach, is a meme coin built on the Ethereum blockchain, with a total supply of 420.69 billion tokens, as well as a circulating supply of approximately 314.24 billion tokens(CoinEx).
Key Features:
Real-Time Updates: The indicator fetches live price data and calculates the market cap using the formula:
Market Cap = Current Price × Circulating Supply
User-Friendly Visualization: The market cap is displayed clearly on the chart, helping users to quickly assess the token's market position.
Customization Options: Users can adjust parameters such as display format and position on the chart for personalized views.
Benefits:
Timely Information: Access to real-time market cap helps traders capitalize on price movements quickly.
Strategic Analysis: Understanding the market cap provides insights into the token’s valuation and market sentiment, aiding in strategic planning and trading decisions.
This indicator is particularly useful for those interested in the APU token, enabling them to track its market capitalization dynamically as the market fluctuates.
For further details on the APU token, including its specifications and market data, you can refer to sources like CoinMarketCap and CoinGecko.
Stef's Enterprise Value CalculatorI have learned the hard way why Enterprise Value is far more superior than Market Cap. That's why I made this indicator, but more importantly, why I added several features that other similar indicators just don't have. The key thing is to not just show you Enterprise Value of a company (it's true worth) but also the capability to see that line colored in a specific way, with key stats as a neat table, and the ability to chart the key facts that go into Enterprise Value, which are debt and cash.
I'll say it again: Market Cap is not nearly as good as Enterprise Value. Don't get tricked by what Market Cap does NOT show you and instead focus on Enterprise Value. I hope my indicator, and the features you see below, help investors and traders all over the world better understand this.
Here are the key features:
Enterprise Value Indicator Features:
1. Real-Time Enterprise Value (EV) Display: Track the EV of a company directly on your chart, providing a comprehensive measure of its true market value.
2. Custom Color Trends: Customize the color of your EV line based on specific trends you’re monitoring, allowing for personalized and insightful visual analysis.
3. Debt & Cash Visualization: Plot both debt and cash & equivalents on the same chart, offering a clear and concise view of a company’s financial health.
4. Key Metrics Table: View a table displaying essential metrics including:
- Average EV
- Highest EV
- Lowest EV
- MC-EV (Market Cap minus Enterprise Value)
MC-EV Charting: Easily chart MC-EV to understand how much debt a company has relative to its market cap, providing insight into financial leverage and growth potential.
Why MC-EV Matters: This metric is crucial for evaluating a company’s financial risk and operational efficiency, giving you an edge in making informed investment decisions.
Thanks for reading and I hope you find some value in this! More updates to come.
[Suitable Hope] Crypto Upside Model 3.0The "Crypto Upside Model 3.0" indicator dynamically calculates the potential price of any cryptocurrency based on various percentages of Ethereum or Bitcoin's market capitalization.
By fetching and analyzing marketcap data from TradingView sources, it allows traders to visualize potential price targets if their chosen cryptocurrency reaches specific market dominance levels. This tool is designed for daily timeframe analysis and can be used to set informed price expectations and strategic investment goals, providing valuable insights for long-term investment planning.
Why using the Crypto Upside Model 3.0?
Strategic Planning: Helps traders and investors set realistic price targets and investment goals by visualizing potential market cap scenarios.
Informed Decision-Making: Provides a data-driven approach to understanding how a cryptocurrency might perform relative to major assets like Bitcoin and Ethereum.
Customizable Analysis: Allows users to choose different comparison assets (ETH or BTC) and visualize various market cap dominance percentages, offering tailored insights.
Daily Timeframe Focus: Ideal for swing traders and long-term investors who operate on a daily analysis timeframe, providing relevant and actionable data.
Bull Markets: Identify potential price targets if your cryptocurrency's market cap increases significantly.
Bear Markets: Assess how much value could be retained relative to major cryptocurrencies.
Strategic Entry/Exit Points: Use the visualized targets to plan entry or exit points in your trading strategy.
Comparative Advantage
Dynamic Adaptation: Unlike fixed indicators, this tool adapts to any active chart, making it versatile for multiple cryptocurrencies.
Market Cap Insights: Provides a unique perspective by linking price targets to market cap dominance, a critical factor in the crypto market.
User Instructions
Setup: Add the " Upside Model 3.0" indicator to your TradingView chart.
Configuration: Use the input settings to select the comparison cryptocurrency (ETH or BTC) and enable the desired market cap percentage plots.
Analysis: The indicator will display potential price targets based on the selected market cap percentages, providing a visual guide for setting price expectations.
Limitations
Marketcap Data Availability: The indicator relies on marketcap data from TradingView, which may not be available for all cryptocurrencies. If the data is unavailable, the indicator will not function for that asset. This tool is more likely to work with older, established cryptocurrencies, as marketcap data for newer cryptocurrencies may not yet be available.
Daily Timeframe Restriction: The indicator is designed to work exclusively on the daily timeframe, limiting its applicability for intraday trading.
Assumptions of Market Dynamics: The calculations assume a direct correlation between market dominance and price, which may not account for other market dynamics and external factors influencing prices.
Data Accuracy: The accuracy of the indicator depends on the reliability of the data provided by TradingView, which may sometimes experience delays or inaccuracies.
Currently available cryptocurrencies: Bitcoin, Ethereum, Solana, Binance Coin, Cardano, Ripple, Polkadot, Avalanche, Chainlink, Litecoin, Dogecoin, Terra, Uniswap, VeChain, Stellar, Internet Computer, Hedera, Filecoin, Monero, Aave, TRON, NEAR Protocol, Compound, Maker,... For all compatible cryptocurrencies, please consult CRYPTOCAP's documentation.
Final notes
Although various sources ask a payment or user data for similar kind of private indicators, this one is entirely free and open source. "Uncanny" isn't it? I hope this indicator will provide you value. Feel free to leave a message if you have any questions or constructive feedback.
Examples of how I use this indicator
When using ETH's historical price as a reference compared to Bitcoin's marketcap, we can notice that price generally has been held between the +-30% and 50% lines of BTC's marketcap. If history is repeating again, we can expect major resistances around the 50% looking ahead into the future. This for me would be a great area to potentially reduce my ETH spot position.
When using SOL's historical price action, we can notice that the 15% line of ETH's marketcap has been a top in the previous cycle. Today SOL (July 2024), is back at this level. Could this be a top again or could price break this 15% level and head perhaps towards 30% which currently sits around $260? Time will tell.
These are 2 simple example of how I interpret the data. I'm keen to hear what other findings with other pairs you can find.
MarketcapDefinition
This indicator was designed to reveal the relationship between the price of the product and its market value. The red average marketcap line that appears on the chart is the line. And the further up this line moves from the chart, the more it shows that there is a mismatch between the price and the market value. So what does this incompatibility mean? There are purchases of the product, but since the supply of the product into circulation is constantly increasing, it means that these purchases are not reflected in the price, which means there is inflation.
The main purpose of our indicator is to calculate inflation of the product. It is the understanding of whether or not the amount of supply put into circulation in response to the investment is reflected in the product price while increasing the market value.
Attention: Transactions are made based on the data received via CRYPTOCAP. In cases where this data cannot be received, the "UNSUPPORTED SOURCE" warning is displayed. You can use Settings to change the source from which data can be retrieved.
Labels
The labels are explained one by one below.
MARKETCAP: Shows the current market value.
ATH MARKETCAP: Shows the highest market value of all time.
MARKETCAP RATIO: It gives the ratio between the highest level and the lowest level of the market value.
PRICE RATIO: Gives the ratio between the highest level and the lowest level of the crypto price.
ALL INFLATION PERCENT: It refers to the percentage of all inflation that has developed so far. It is also the percentage difference between market value and price.
MONTHLY INFLATION PERCENT: It refers to the monthly estimated inflation percentage.
CIRCULATING SUPPLY: It refers to the estimated circulation supply of the product.
Best Use
It should bring to mind the idea that the further the indicator curve moves away from the price, the higher the inflation will be. In order for a product to reach its previous peak, its market value must normally increase by the "MARKETCAP RATIO" value and the "PRICE RATIO" value. This should make you think that this product needs more investment to reach its former peak. And it is necessary to be careful when purchasing such products.
Disclaimer
This indicator is for informational purposes only and should be used for educational purposes only. You may lose money if you rely on this to trade without additional information. Use at your own risk.
Version
v1.0
Index Generator [By MUQWISHI]▋ INTRODUCTION :
The “Index Generator” simplifies the process of building a custom market index, allowing investors to enter a list of preferred holdings from global securities. It aims to serve as an approach for tracking performance, conducting research, and analyzing specific aspects of the global market. The output will include an index value, a table of holdings, and chart plotting, providing a deeper understanding of historical movement.
_______________________
▋ OVERVIEW:
The image can be taken as an example of building a custom index. I created this index and named it “My Oil & Gas Index”. The index comprises several global energy companies. Essentially, the indicator weights each company by collecting the number of shares and then computes the market capitalization before sorting them as seen in the table.
_______________________
▋ OUTPUTS:
The output can be divided into 3 sections:
1. Index Title (Name & Value).
2. Index Holdings.
3. Index Chart.
1. Index Title , displays the index name at the top, and at the bottom, it shows the index value, along with the daily change in points and percentage.
2. Index Holdings , displays list the holding securities inside a table that contains the ticker, price, daily change %, market cap, and weight %. Additionally, a tooltip appears when the user passes the cursor over a ticker's cell, showing brief information about the company, such as the company's name, exchange market, country, sector, and industry.
3. Index Chart , display a plot of the historical movement of the index in the form of a bar, candle, or line chart.
_______________________
▋ INDICATOR SETTINGS:
(1) Naming the index.
(2) Entering a currency. To unite all securities in one currency.
(3) Table location on the chart.
(4) Table’s cells size.
(5) Table’s colors.
(6) Sorting table. By securities’ (Market Cap, Change%, Price, or Ticker Alphabetical) order.
(7) Plotting formation (Candle, Bar, or Line)
(8) To show/hide any indicator’s components.
(9) There are 34 fields where user can fill them with symbols.
Please let me know if you have any questions.
Crypto Market OverviewCrypto Market Overview
The Crypto Market Overview (CMO) indicator is your one-stop tool for keeping tabs on the cryptocurrency market. It provides a comprehensive snapshot of key data and trends, helping you make informed decisions in the fast-paced world of crypto trading. Here's what this indicator offers:
1. Lookback Period Control:
You can customize the lookback period for percentage change calculations, tailoring it to your specific analysis needs.
2. Currency Selection:
Choose your preferred currency to view market data in your desired denomination.
3. Major Market Cap Data:
Real-time information on Bitcoin (BTC) and Ethereum (ETH) market caps.
Total market capitalization data for the entire crypto market.
4. Stablecoin Market Cap Data:
Keep track of stablecoin market caps, including USDT, USDC, DAI, TUSD, and BUSD.
Get a clear picture of the stablecoin segment of the market.
5. Shitcoin Market Cap Data:
An interesting category that represents the market cap of all cryptocurrencies not classified as major or stable.
6. Dominance Data:
Dominance percentages for BTC, ETH, stablecoins and shitcoins.
Total market dominance, allowing you to gauge the influence of major cryptocurrencies.
7. Rate of Change (RoC) Metrics:
Monitor the RoC for market caps and dominance percentages.
Positive or negative trends are clearly highlighted with color-coded indicators.
8. Intuitive Table Layout:
A user-friendly table layout displays all the data.
Key assets such as Bitcoin and Ethereum are listed along with their market caps and dominance.
9. Color Coding:
Upward and downward trends are easily identifiable with color-coded cells.
A white background with bold text ensures readability.
The Crypto Market Overview indicator is an invaluable tool for cryptocurrency traders and enthusiasts, offering a quick and convenient way to stay updated on market dynamics. It's perfect for making data-driven decisions in the ever-changing world of digital assets.
MF Total Silver Market Capitalization by MigueFinanceThis is the Current Market Capitalization and Historical Chart of Silver
There might be discrepancies in the future on the current market capitalization of silver due to the number of silver ever mined which is always increasing.
So as to update it when necessary, one of the sites you can check to get the most up to date amount is: "https://companiesmarketcap.com/silver/marketcap/" and then edit the amount of tonnes on the settings of this indicator.
Total Gold Market Capitalization by MigueFinanceThis is the Current Market Capitalization and Historical Chart of Gold
There might be discrepancies in the future in the current market cap of gold due to the number of gold ever mined which is always increasing, so as to update it when necessary, you can go and check the site: "https://www.gold.org/goldhub/data/how-much-gold" and edit the amount of tonnes on the settings of this indicator
USDT Inflow TrackerUSDT INFLOW TRACKER
What does this script do? It looks for important inflow from USDT and write it below or above your chart.
Does it matter? Yes because Tether with planned USDT inflow highly manipulate the crypto market.
With this simple script you can study what and when something strange is going to happen on your favourite token.
HOW IT WORKS?
Pretty simple. It just continuosly check USDT (and USDC) Market Cap and verify if the last candle is way higher than last one. If it was way higher than expected it plot a green square and write a note with the total Inflow of USDT in the crypto market (not specifcially for your token)
Now you can see when an important inflow is done and start to plan your entry and exit strategy in the crypto market.
AUTOSET
With Autoset you can rely on standard values
5min TF : Inflow greater than of 15 mln (in 1 candle)
30min TF : Inflow greater than of 150 mln (in 1 candle)
60min TF : Inflow greater than of 300 mln (in 1 candle)
1Day TF : Inflow greater than of 900 mln (in 1 candle)
So you can check your favourite coin in no time looking for a good trading position
MANUAL SETTINGS
Otherwise you can set directly your Inflow to track based on your needs.
In the example below I've set to check everytime an Inflow of 25mln USDT or greater was done.
As you can see it highly influence the relative token.
Crypto Leverage Ratio [Market Cap / Open Interest in %]This indicator calculates what percentage of market cap data corresponds to open interest data.
Leverage Ratio = 1/(Market Cap / 100 * Open Interest)
Market Cap data comes from TradingView -> CRYPTOCAP:YOURCOINSYMBOL
Open Interest data comes from IntoTheBlock -> INTOTHEBLOCK:YOURCOINSYMBOL_PERPETUALOPENINTEREST
IntoTheBlock refresh perpetual data at the end of the day. It means there is no intraday data.
It can only be used in Daily or higher time intervals.
This indicator and any other indicator can not precisely calculate real leverage ratio except exchanges itself. This calculation is just based on assumption.
You can see the exact same result by just adding:
1/(CRYPTOCAP:BTC/100*INTOTHEBLOCK:BTC_PERPETUALOPENINTEREST)
to your symbol search, if your chart is a BTC chart.
"
The Futures Open Interest Leverage Ratio is calculated by dividing the market open contract value, by the market cap of the asset (presented as %). This returns an estimate of the degree of leverage that exists relative to market size as a gauge for whether derivatives markets are a source of deleveraging risk.
High Values indicate that futures market open interest is large relative to the market size. This increases the risk of a short/long squeeze, deleveraging event, or liquidation cascade.
Low Values indicate that futures market open interest is small relative to the market size. This is generally coincident with a lower risk of derivative led forced buying/selling and volatility.
Deleveraging Events such as short/long squeezes, or liquidation cascades can be identified by rapid declines in OI relative to market cap, and vertical drops in the metric.
-glassnode
"
says glassnode. I think it is more than that. Especially with MAs.
Degen Dominator - (Crypto Dominance Tool) - [mutantdog]A fairly simple one this time. Another crypto dominance tool, consider it a sequel to Dominion if you will. Ready to go out-of-the-box with a selection of presets at hand.
The premise is straightforward, rather than viewing the various marketcap dominance indexes as their standard percentage values, here we have them represented as basic oscillators. This allows for multiple indexes to be viewed in one pane and gives a decent overview of their relative changes and thus the flow of capital within the overall crypto market. As a general rule-of-thumb, when a plot is above zero then the dominance is climbing, thus capital is likely flowing in that direction. The inverse applies when below zero. When the market is quiet, all will be close to zero. Basic overbought/oversold conditions can also be inferred too.
Active as default are:
Bitcoin (0range): CRYPTOCAP:BTC.D
Ethereum (Blue): CRYPTOCAP:ETH.D
Stablecoins (Red): CRYPTOCAP:USDT.D + CRYPTOCAP:USDC.D
Altcoins (Green): 100 - (all of the above)
These are plotted according to the selected oscillator preset and it's length parameter. The default is set to 'EMA Centre'. An optional RMA(3) smoothing filter is also included and active as default. Each index plot has its own colour and opacity settings available on the main page.
Additionally, the following are also available (deactivated as default):
Total DeFi : CRYPTOCAP:TOTALDEFI.D
Current Symbol : Will try to match corresponding dominance index for the chart symbol if available.
Custom Input : Manual text input, will try to match if available.
-------------
The included presets determine the oscillator type used, all are fairly simple and easy to interpret:
EMA Centre
SMA Centre
Median Centre
Midrange Centre
The first 4 are all variations on the same theme, simply calculated as the difference between the actual value and its respective average. EMA is the default and is my personal preference, if you generally favour using an SMA then perhaps that would be your better choice. Like the two MAs, median and midrange are also dependant on the length parameter. Midrange is calculated from the difference between highest and lowest values within the length period, with a little extra smoothing from an RMA(3).
Simple Delta
Weighted Delta
Running Delta
Often referred to as momentum, delta is just change over time. 'Simple' is the most basic of these, the difference between the current value and the value (length) bars prior. A more long-winded way of calculating this would be to take the difference between each bar and its previous then average them with an SMA which results in the same value. 'Weighted' adopts that principle but instead uses a WMA, likewise 'Running' is the same but using an RMA. The latter is actually the basis of RSI calculations before any normalisation is applied, as you can see in the next preset.
RSI
CMO
RSI really should not need explaining, it is however applied a little differently here to the usual, in this case centred around 0. The x100 multiplication factor has been dropped too for the sake of consistency. The same principle applies with CMO, which is basically a 'Simple Delta' version of RSI.
Hard Floor
Soft Floor
These last two are a little different but both can provide useful interpretations. The floor here is simply the lowest value within the chosen length period. 'Hard' plots the difference between the current value and the floor, thus giving a value that is always above 0. In this case, focus should be given to the relative heights of each with a simple interpretation that capital is flowing into those that are climbing and out of those descending. 'Soft' is essentially the same except that the floor is smoothed with an RMA(3), the result being that when new lows are made, the plot will break below 0 before the floor corrects a few bars later. This soft break provides additional information to that given by 'Hard' so is probably the more useful of the two.
------------
To finish it off, a bunch of preset alerts are included for the various 0 crossings.
So that just about covers everything then, all quite straightforward really. Future updates may include some extra stuff, the composition of the stablecoin index may change if necessary too. While this is not really a tweaker's tool like some of my other projects, there's still some room for experimentation here. The 'current' and 'custom' indexes can provide some useful data for compatible altcoins and the possibility to compare inter-related tokens (eg: Doge vs Shib). While i introduced this as a sort of sequel to Dominion, it is not intended as a replacement but more of a companion. This initially started as a feature intended for that one but it quickly grew into its own thing. Both the oscillator view here and the more traditional view have merits, i personally use this one primarily now but frequently refer to Dominion for confirmations etc.
That's it for now anyway. As always, feedback is welcome below. Enjoy!
MVRV Z Score and MVRV Free Float Z-ScoreIMPORTANT: This script needs as much historic data as possible. Please run it on INDEX:BTCUSD , BNC:BLX or another chart of sufficient length.
MVRV
The MVRV (Market Value to Realised Value Ratio) simply divides bitcoins market cap by bitcoins realized market cap. This was previously impossible on Tradingview but has now been made possible thanks to Coinmetrics providing us with the realized market cap data.
In the free float version, the free float market cap is used instead of the regular market cap.
Z-Score
The MVRV Z-score divides the difference between Market cap and realized market cap by the historic standard deviation of the market cap.
Historically, this has been insanely accurate at detecting bitcoin tops and bottoms:
A Z-Score above 7 means bitcoin is vastly overpriced and at a local top.
A Z-Score below 0.1 means bitcoin is underpriced and at a local bottom.
In the free float version, the free float market cap is used instead of the regular market cap.
The Z-Score, also known as the standard score is hugely popular in a wide range of mathematical and statistical fields and is usually used to measure the number of standard deviations by which the value of a raw score is above or below the mean value of what is being observed or measured.
Credits
MVRV Z Score initially created by aweandwonder
MVRV initially created by Murad Mahmudov and David Puell
The Price of Hard MoneyIf we calculate “the price of hard money” (the market capitalization weighted price of gold plus Bitcoin); we get this chart.
Since 2017, Bitcoin’s share of hard money growth has been increasing, we can see it visibly on the gold chart by a widening delta between the price of hard money and the Gold price. We can also see some interesting technical behaviours.
In 2021, Hard Money broke out and held this breakout above the 2011 Gold high. Only later in 2022 did a correction of 20% occur – typical of Golds historic volatility in periods of inflation and high interest rates.
Hard Money is at major support and we have evidence for a fundamental shift in investor capital flows away from gold and into Bitcoin.
This Indicator is useful:
- To track the market capitalization of Gold (estimated), Bitcoin and combined market capitalization of Hard Money.
- To track the price action and respective change in investor flows from Gold to Bitcoin .
Provided Bitcoin continues to suck more value out of gold with time, this chart will be useful for tracking price action of the combined asset classes into the years to come.
Coin & market cap tableThis table was built specifically for the Crypto market.
It gives you a quick overview of the markets without having to scroll through numerous charts. The information is the overall markets daily change and the charts coins movement on a daily, weekly and monthly basis.
The weeks start on a Monday morning, the months start on the 1st of the month so this is last weeks data and last calendar months data.
It also gives you Bitcoins dominance. (Total2) you can change it to Bitcoin & Ethereum dominance (Total3)
Times-Revenue (Fundamental Metric)Times-revenue is calculated by dividing the selling price of a company by the prior 12 months revenue of the company. The result indicates how many times of annual income a buyer was willing to pay for a company.
In color Red: it shows the last annual metric calculated
In color Gray: it shows the last 4 quarters annualized results
ADR% / ATR / Market CapDisplays the following values in a table in the upper right corner of the chart:
ADR%: Average daily range (in percent).
ATR: Average true range (hidden by default).
Market Cap: Total value of all a company's shares of stock.
All values are calculated based on daily bars, no matter what time frame you are currently viewing. Doesn't work for time frames >1D, which is why the table is not shown on weekly/monthly charts.
Credit to MikeC / TheScrutiniser and GlinckEastwoot for ADR% formula, and ArmerSchlucker for the original script which includes LoD Dist . instead of Market Cap.
StableCoin MC vs Total MC by Crypto5Max In this indicator you will find the sum of all stable coins (market cap) divided by the total crypto market cap.
I believe there's a positive correlation between stable coins issuance and BTC's(and other coins) price appreciation. Or shortly put, to me the rising levels of stable coins represent increased levels of buying power (and adoption) waiting on the sidelines.
Here, I am taking the total market cap of all stable coins and dividing it by the total crypto market cap to get a ratio. Note, only ~85% of all stable coins are calculated (rest are not on TV), however, it should still be a fairly good representation. Some of the stable coins are already locked in smart contracts for yield farming and what not. I'd also say, there's interesting 2-year long channel that's developing currently. That said, take this indicator with a grain of salt as we still have a limited set of data.
Yours truly
Dominion - Bitcoin Altcoin Dominance [mutantdog]A simple and easy reference tool displaying a plot of the market cap dominance values for several significant cryptocurrencies.
The most widely used of these is bitcoin dominance (the top indicator shown above) which calculates the total market cap of bitcoin in relation to the total cryptocurrency market cap, displayed as a percentage. This is commonly used by traders to assess the strength of bitcoin in relation to the broader crypto market; increasing values being indicative of larger bitcoin moves and decreasing values often indicative of potential altcoin cycles. Likewise, ethereum dominance (the bottom indicator shown above) is frequently used as a means to indicate the strength of ethereum in relation to the broader crypto market.
Included options for marketcap dominance values are:
Bitcoin : CRYPTOCAP:BTC.D
Ethereum : CRYPTOCAP:ETH.D
Total DeFi (a composite of multiple top defi tokens): CRYPTOCAP:TOTALDEFI.D
Stablecoins (shows the combined dominance values for usdt and usdc): CRYPTOCAP:USDT.D + CRYPTOCAP:USDC.D
Flippening (shows the difference between bitcoin and ethereum dominance values): CRYPTOCAP:BTC.D - CRYPTOCAP:ETH.D
When used in combination with each other, these can provide a good overview of the general flow of capital within the crypto market.
Additional functionality:
up to three optional moving averages with a choice of SMA, EMA, WMA and RMA for each.
multi timeframe selector
alert condition presets for various moving average crosses.
Please be aware that, while useful as reference, dominance calculations are known to repaint frequently. As such the use of this indicator and its alerts should require caution.
NVTNetwork Value to Transactions Ratio (NVT) is defined as the ratio of market capitalization divided by transacted volume.
NVT Ratio can be thought of as an indicator that measures whether the blockchain network is overvalued or not.
If it is upper than red line, it means overvalued.
NVT Golden Cross targets to generate short or long signals by comparing the short-term trend of NVT and the long-term trend of NVT. If the short-term trend is way greater than the long-term trend is, the network can be interpreted as overpriced and will soon revert to mean value, meaning short signal. Similarly, the opposite case may imply a long signal.
Over the red line is short signal and under the green line is long signal.
You can find divergence in this indicator.
There are two sources
cryptocap
glassnode
