Alts/USDT.D ratio — Indicator by alex.crown.jr

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"

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.

Want to use this script on a chart?