OPEN-SOURCE SCRIPT

3GBH - MoneyMeter (Stablecoins RSI)

This indicator tracks the Market Caps of
- USDT
- USDC
- DAI

The data is presented on the RSI.

The intent of this indicator is to help determine whether money is flowing into the market or not.

If the major stablecoins are green, money is entering the market.
The opposite applies, if red, money is leaving the market.

This is another tool which may provide help to build confluence in your trading or analysis.

-----

Default length is set to 168 to see the momentum of the past 7 days on the 1-hour timeframe.


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.