ZenAlgo - DominatorThis indicator provides a structured multi-ticker overview of market momentum and relative strength by analyzing short-term price behavior across selected assets in comparison with broader crypto dominance and Bitcoin/ETH performance.
Ticker and Market Data Handling
The script accepts up to 9 user-defined symbols (tickers) along with BTCUSD and ETHUSD. For each symbol:
It retrieves the current price.
It also requests the daily opening price from the "D" timeframe to compute intraday percentage change.
For BTC, ETH, and dominance (sum of BTC, USDT, and USDC dominance), daily change is calculated using this same method.
This comparison enables tracking relative performance from the daily open, which provides meaningful insight into intraday strength or weakness among different assets.
Dominance Logic
The indicator aggregates dominance data from BTC , USDT , and USDC using TradingView’s CRYPTOCAP indices. This combined dominance is used as a reference in directional and status calculations. ETH dominance is also analyzed independently.
Changes in dominance are used to infer whether market attention is shifting toward Bitcoin/stablecoins (typically indicating risk-off sentiment) or away from them (typically risk-on behavior, benefiting altcoins).
Price Direction Estimation
The script estimates directional bias using an EMA-based deviation technique:
A short EMA (user-defined lookback , default 4 bars) is calculated.
The current close is compared to the EMA to assess directional bias.
Recent candle changes are also inspected to confirm a consistent short-term trend (e.g., 3 consecutive higher closes for "up").
A small threshold is used to avoid classifying flat movements as trends.
This directionality logic is applied separately to:
The selected ticker's price
BTC price
Combined dominance
This allows the script to contextualize the movement of each asset within broader market conditions.
Market Status Evaluation
A custom function analyzes ETH and BTC dominance trends along with their relative strength to define the overall market regime:
Altseason is identified when BTC dominance is declining, ETH dominance rising, and ETH outperforms BTC.
BTC Season occurs when BTC dominance is rising, ETH dominance falling, and BTC outperforms ETH.
If neither condition is met, the state is Neutral .
This classification is shown alongside each ticker's row in the table and helps traders assess whether market conditions favor Bitcoin, Ethereum, or altcoins in general.
Ticker Status Classification
Each ticker is analyzed independently using the earlier directional logic. Its status is then determined as follows:
Full Bull : Ticker is trending up while dominance is declining or BTC is also rising.
Bullish : Ticker is trending up but not supported by broader bullish context.
Bearish : Ticker is trending down but without broader confirmation.
Full Bear : Ticker is trending down while dominance rises or BTC falls.
Neutral : No strong directional bias or conflicting context.
This classification reflects short-term momentum and macro alignment and is color-coded in the results table.
Table Display and Plotting
A configurable table is shown on the chart, which:
Displays the name and status of each selected ticker.
Optionally includes BTC, ETH, and market state.
Uses color-coding for intuitive interpretation.
Additionally, price changes from the daily open are plotted for each selected ticker, BTC, ETH, and combined dominance. These values are also labeled directly on the chart.
Labeling and UX Enhancements
Labels next to the current candle display price and percent change for each active ticker and for BTC, ETH, and combined dominance.
Labels update each bar, and old labels are deleted to avoid clutter.
Ticker names are dynamically shortened by stripping exchange prefixes.
How to Use This Indicator
This tool helps traders:
Spot early rotations between Bitcoin and altcoins.
Identify intraday momentum leaders or laggards.
Monitor which tickers align with or diverge from broader market trends.
Detect possible sentiment shifts based on dominance trends.
It is best used on lower to mid timeframes (15m–4h) to capture intraday to short-term shifts. Users should cross-reference with longer-term trend tools or structural indicators when making directional decisions.
Interpretation of Values
% Change : Measures intraday move from daily open. Strong positive/negative values may indicate breakouts or reversals.
Status : Describes directional strength relative to market conditions.
Market State : Gives a general bias toward BTC dominance, ETH strength, or altcoin momentum.
Limitations & Considerations
The indicator does not analyze liquidity or volume directly.
All logic is based on short-term movements and may produce false signals in ranging or low-volume environments.
Dominance calculations rely on external CRYPTOCAP indices, which may differ from exchange-specific flows.
Added Value Over Other Free Tools
Unlike basic % change tables or price overlays, this indicator:
Integrates dominance-based macro context into ticker evaluation.
Dynamically classifies market regimes (BTC season / Altseason).
Uses multi-factor logic to determine ticker bias, avoiding single-metric interpretation.
Displays consolidated information in a table and chart overlays for rapid assessment.
Usdtdominance
KINSKI USDT Market Cap DominanceUSDT dominance charts are rare to find as almost everyone is fixated on BTC dominance. Bitcoin dominance gives us insight into investors' preferences when they have a choice between BTC and thousands of altcoins.
This oscillator gives insight into the state of the coin market. When people exchange their digital currencies like BTC and Altcoins for USDT, there is low confidence in the market. The opposite is true when BTC and Altcoins are bought because market sentiment is high.
So when USDT dominance rises, cryptocurrency prices fall, but when their dominance falls, cryptocurrency prices rise.
Features
Can be displayed as a moving average (default) or histogram.
Choice between 'CRYPTOCAP:USDT', 'CRYPTOCAP:USDT.D', 'CRYPTOCAP:OTHERS.D' => CRYPTOCAP:USDT.D is default.
Smoothing types Selectable
Upward and downward trend of MA line can be activated
Extensive style settings
RSI Season Tracker by KrisWatersSeason tracker identifies the momentum with tracking dominance and market capitalization data of Bitcoin , Altcoin and USDT .
With this indicator you can able to get know about Bitcoin, Altcoin and USDT dominance and market capitalization easily.
Backgrond Color Definations:
If the background color of indicator is ORANGE means that Bitcoin dominance is the most powerful. It is a good sign for Bitcoin.
If the background color of indicator is BLUE means that Altcoin dominance is the most powerful. It is a good sign for Altcoins.
If the background color of indicator is GREEN means that USDT dominance is the most powerful. It is a good sign for USDT.
Plus Sign (+) Meaning and Color Definations:
If ORANGE plus sign is visible on indicator means that market capitalization of Bitcoin is increasing. It is a good sign for Bitcoin.
If BLUE plus sign is visible on indicator means that market capitalization of Altcoin is increasing. It is a good sign for Altcoins.
If GREEN plus sign is visible on indicator means that market capitalization of Bitcoin and Altcoins are decreasing. It is not a good sign for both.
Light and Dark RSI Line Color Definations:
If the line of Bitcoin color is Orange means that, RSI value was increased compared with previous bar. It is one of the good sign of the momentum strength.
If the line of Bitcoin color is Yellow means that, RSI value was decreased compared with previous bar. It is not a good sign.
If the line of Altcoin color is Navy means that, RSI value was increased compared with previous bar. It is one of the good sign of the momentum strength.
If the line of Altcoin color is Blue means that, RSI value was decreased compared with previous bar. It is not a good sign.
If the line of USDT color is Green means that, RSI value was increased compared with previous bar. It is one of good the sign of the momentum strength.
If the line of USDT color is Lime means that, RSI value was decreased compared with previous bar. It is not a good sign.
Simple RSI rules are valid for this indicator.
RSI value is under 30 indicates that asset is OVERSOLD .
RSI value is upper 70 indicates that asset is OVERBOUGHT .
Important Notice: Dominance data is not correlated with price. For example; sometimes dominance is increasing but the price is not. And that's where the market capitalization comes in.
If the plus sign is not visible , you can get questioning for the movement. It is not a good sign at all.
If the plus sign is visible and RSI is increasing , It is a good sign for the strength of assets movement.
I recommended to use on DAILY timeframe . But you can use different timeframes as well.
Please leave comment below If you have any question or development idea.
