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hiddenpablo
Feb 24, 2021 11:37 PM

Cryptos Relative Strength Oscillator 

SOL / TetherUS PERPETUAL CONTRACTBinance

Description


This is an oscillator made of biggest 40 cryptocurrency/USDT pairs.
* It shows relative strength and change of crypto market during certain time on given interval.
* The tool has a bunch of data put together into one oscillator:
* top and bottom lines are made of 3 strongest and 3 weakest crypto pairs (out of 40)
* has visible names of that pairs for several candles back (it cannot show more due to TV's Pine limitations)
* in settings you can set up 2 methods of calculations:
1) % change from SMA of price, default is SMA 5
2) % changes from x-candles back, to see that change from the last candle please turn of 'Moving Average' and set up 'Bars Back' to 1
* you can change source to close/hl2/ohlc2/etc

Notice 1:
- to have nicer visibility of whole oscillator make it bigger part of whole screen then you normally use for other oscillators

Notice 2:
- scroll your mouse to widen the horizontal axis, so names of certain crypto pairs will be more readable

Notice 3:
- script has 40 Pine security functions (to gather all the data from all pairs) so it can load up to several seconds
- also every change in settings will possibly result in longer loading time

ps. This script is invite-only for the members of our trading group (info in signature, group is free of charge).
Comments
aimanmajid80
hiddenpablo
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