OPEN-SOURCE SCRIPT
mikul's index test

This is an index over Bitcoin, Bitcoin dominance and Ethereum.
It's a simple oscillator but could be useful if you want to use it as a stepping stone to creating your own index.
You can use this to make your own index if you want. It should be quite simple to copy my code and make a new indicator in the pine editor and change the security requests.
Lets say you want to change Ethereum to XRP
eth = request.security('ETHUSDT', timeframe.period, close, lookahead=barmerge.lookahead_on)
just change the symbol name like this:
eth = request.security('XRPUSDT', timeframe.period, close, lookahead=barmerge.lookahead_on)
If you want to create a new one just look at the total and total2 that i made as an example.
Remove // in front of
//total = request.security('TOTAL', timeframe.period, close, lookahead=barmerge.lookahead_on)
and
//total_rsi = ta.rsi(total,rsi_persiod)
and
//plot(total_rsi, color=color.new(color.yellow, 0), title="Total including bitcoin")
Contact me if you have any questions or if you have any good ideas on how I could do anything with this. What index could be fun to make?
if you consider donating:
BTC: 1M9yxwoGBiMebQktow8vQYV3J9EDAFwiYd
ETH (ERC20): 0xb392f5f58bd10de374736ac337cfd9635cd92d20
XRP: rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh
XRP MEMO: 102109716
paypal: michael.nyberg@gmail.com
It's a simple oscillator but could be useful if you want to use it as a stepping stone to creating your own index.
You can use this to make your own index if you want. It should be quite simple to copy my code and make a new indicator in the pine editor and change the security requests.
Lets say you want to change Ethereum to XRP
eth = request.security('ETHUSDT', timeframe.period, close, lookahead=barmerge.lookahead_on)
just change the symbol name like this:
eth = request.security('XRPUSDT', timeframe.period, close, lookahead=barmerge.lookahead_on)
If you want to create a new one just look at the total and total2 that i made as an example.
Remove // in front of
//total = request.security('TOTAL', timeframe.period, close, lookahead=barmerge.lookahead_on)
and
//total_rsi = ta.rsi(total,rsi_persiod)
and
//plot(total_rsi, color=color.new(color.yellow, 0), title="Total including bitcoin")
Contact me if you have any questions or if you have any good ideas on how I could do anything with this. What index could be fun to make?
if you consider donating:
BTC: 1M9yxwoGBiMebQktow8vQYV3J9EDAFwiYd
ETH (ERC20): 0xb392f5f58bd10de374736ac337cfd9635cd92d20
XRP: rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh
XRP MEMO: 102109716
paypal: michael.nyberg@gmail.com
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.