V1 Market Leader — Indicator by Calummm

trendanalysis leaderinmarketcap alts altseason btc eth dominance dominancetrends

This script aims to identify who the current market leader is between 3 participants, BTC , ETH and ALTS & ETH combined.
Colour coded so you can identify what is what in the settings - Default setting are: BTC = Orange, ETH = Blue and ALTS & ETH = White.
There is also a line to identify the market movement in relation to amount of Tether currently in circulation - Default setting is: Tether = Yellow.
This script can be used on any timeframe but I recommend 12H or greater.

Lines can be turned on and off in settings for cleaner look.

Protected script

This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

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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