BTC Dominance Trend CheckerThis monitors the Bitcoin dominance (BTC.D) in the market. It retrieves the current and previous day's BTC dominance values, determines whether dominance is increasing or decreasing, and visually displays the trend.
Dominancebtc
BTC Dominance Exclude Stablecoins(USDT, USDC, DAI)This index's goal is to show the true bitcoin dominance relative to other risky crypto assets, excluding the diluting effects of those ever-increasing stablecoin(USDT, USDC, DAI)'s market cap. In this index, we can see the BTC dominance has been solid increasing & construct bottom during recent fear/bear.
Xiaolai Chen
Sept 14th 2022
3GBH BTC DOM vs MCBitcoin Market Cap vs Dominance
- data normalized with RSI
Included in this indicator:
- RSI of BTC Market Cap
- RSI of BTC Dominance
- EMA of BTC Market Cap
- EMA of BTC Domiance
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Dominance influences the market. Is money flowing into Bitcoin?
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EMA's to help with Technical Analysis.
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User-friendly.
You can change all the inputs, they are labelled for ease-of-use.
You can toggle On/Off any or all of the options.
BTC Dominance & Counter-Trend IndicatorThis script looks at BTC dominance in price-action and scores it (out of the last 100 closed bars). Essentially this looks at the price action of the current security/crypto and tracks whether it traded in-trend with BTC or against the trend with BTC to show when BTC is most prominently dominating.
Currently the code is restricted to the previous 100 trades prior to the bar (you can change this) but only because, for whatever reason, pine scripting doesn't actually allow you to calculate the number of bars currently in the view (lots of people asking for this via StackOverflow but no response yet). Essentially every bar shows the number of trades out of the last 100 that traded in-synch with BTC, the lower the number, the less dominant BTC has been against that security.
Green highlight means it traded positive (upwards) against BTC going down, and red means it traded negative against BTC going up.
Dominance Monitoralways a trader must check the bitcoins Dominance and if its ok can make a deal on AltCoins
this indicator Monitor the BTC.D and check the trend with ATR and give you results
please just check it in 1D timeframe
when the color was white you can easily trade and if the color was red you should be aware the risk and rest or maybe close the deals
BINANCE:EOSUSDT
be our guest
