LTC/ETH/BCH Market Cap Weighted Index — Indicator by NeoButane

trendanalysis candlestick cryptoindex index ltc eth bch neobutane

An index of LTC, ETH, and BCH sans SV equally weighted by market cap.

The index is weighed to 10,000 on the 1st of September, 2018.

The formula used should be the same as the one found in BGCI, with the result being the product of all individual market caps to the power of their own cap that is divided by the sum of all caps.

If you enjoy my scripts and would like to show appreciation, I take tips in the form of depreciating assets:

BTC: 3DhmwiW4w2anuFZ1kRiuUNqcmwfzXoKKSZ
ETH: 0x2B44E7B0aB0fcF72ac8C543350A85cb9129Bb480
XRP: rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh | 106703134
NEO: ALDBnY8MhposcQmm748mQKhpHmgDMixCRf

My published indicators: www.tradingview.com/u/NeoButane/

Sorry if I haven't replied to your message yet, I'm a bit backlogged :)

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.

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