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.nyberggmail.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.nyberggmail.com
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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