OPEN-SOURCE SCRIPT

Alts/USDT.D ratio

Updated
This indicator shows the ratio between USDT.D and OTHERS.D. The growth of USDT.D may be a sign of the beginning of the bear season.

Red cloud - bear season, green cloud - altseason

credit for kduhyun for his ratio script and boitoki for his package of various MAs
Release Notes
fixed security calls.
Security symbol now consists of two input symbols divided by each other: sym_a/sym_b. "USDT.D/OTHERS.D"
altseasonTrend Analysis

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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