Current to BTC [Morty] — Indicator by M0rty

trendanalysis volatility donchianchannels cryptocurrency crypto btc bitcoin altcoins

This indicator helps you find strong bull altcoin, it shows the ratio of the current symbol to BTC .
Donchian Channels help to identify trends.

Alts Bull coins:
When BTC goes sideway, they pump first.

Alts Bear coins:
When BTC goes sideway, they move sideway.
When BTC goes down, they go down harder.

Release Notes:

- add resolution options
- adjujst color scheme

Release Notes:

- upgrade to version 5
- add a readable label, e.g. DYDX/BTC

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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