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!
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
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 -
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
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 -
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.