Actualized BCH+BTC Price Persistence BITFINEX — Indicator by SNOW_CITY

trendanalysis oscillator bchusd btcusd bitfinex bitcoin cryptocurrency

Price Line overlay shows combined BCH+BTC price normalized to the price of BTC, which is the realtime combined price (BCH+BTC) averaged over the SMA of BTC - SMA of BCH.

This indicator is a 2-in-1 overlay + oscillator depending on which plots are enabled.
This version is the overlay script, this is why there are maths that are not used by the plot.

NEED to adjust the SMA Persistence normalization depending on chart resolution.

Use with BCH "Domination Correlation" - the oscillator version of this script.

SNOW_CITY

SNOW_CITY public chat room - Indicator Q&A
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Indicator access information
pastebin.com/v8sp6Y3R

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

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