ETH Dominance Excluding BTCThe indicator shows when ETH is undervalued or overvalued with regard to other alts. BTC capitalization is not taken into account.
ALTS
V1 Market Leader
This script aims to identify who the current market leader is between 3 participants, BTC , ETH and ALTS & ETH combined.
Colour coded so you can identify what is what in the settings - Default setting are: BTC = Orange, ETH = Blue and ALTS & ETH = White.
There is also a line to identify the market movement in relation to amount of Tether currently in circulation - Default setting is: Tether = Yellow.
This script can be used on any timeframe but I recommend 12H or greater.
Lines can be turned on and off in settings for cleaner look.
TBT ForecasterThe TBT Forecaster is a visual representation of the "weather forecast" for the crypto market, mainly Bitcoin and ALT coins.
Purpose:
The reason behind creating this indicator is to help give crypto traders a sense of what to expect in crypto currency markets. In general, crypto markets (ALT coins) are extremely dependent on the price action and sentiment of Bitcoin. By knowing what to expect for both BTC and ALT markets, crypto traders will have an edge on other traders by:
knowing when it's a good time to run BTC or stable coin pairs for bots on 3Commas
knowing when the ALT market is in a Bullish or Bearish mood
knowing if we're in a true ALT season or not
knowing if they should be focusing more on active trading on the BTC or stable coin market
Time Frame:
The TBT Forecaster can be viewed on any time frame, but it was originally designed to work off of the 6-hour time frame. Note that faster (higher) time frames can make the tool somewhat unreliable since faster (higher) time frames are subject to more sudden, volatile movements compared to the 6-hour or Daily time frames. To help users of the TBT Forecaster keep a healthy perspective, the indicator can be set to "same as symbol" (the indicator will adapt to any time frame you use) or "6 hours" (the original and intended time frame).
Metrics:
The two lines of the indicator represent Bitcoin (top) and ALT coins (below). The TBO Forecaster uses information derived from the price of Bitcoin, Bitcoin price volatility, moving averages, ATR (Average True Range), Bitcoin Dominance, and the ALT coin indexes (TOTAL2 and OTHERS). All of these metrics are combined and weighted into a system that quantifies the market sentiment for BTC and ALTs.
Sentiment:
The TBT Forecaster shows a gradient of market sentiment, from Bearish to Bullish. These market sentiment labels consist of a variety of different metrics that have to do with volume, price action, and several indices. The full gradient of sentiment is:
Bearish
Weak Bearish (ALT line only)
Neutral
Weak Bullish
Bullish
Realistic Expectations:
Note that it is impossible and unrealistic for the ALTs line to represent every single ALT coin/token/chart/symbol on every exchange. In my experience, there are always good charts to trade no matter what Bitcoin is doing. However, if we as traders know that ALTs are Bearish, then we can focus our efforts on trading Bitcoin (or just staying out of the ALT market until conditions change).
Use the link below to obtain access to this indicator
Moving Average Indicator - TradingSargentThis indicator is based on Hull Moving averages, and works best for signals on the 6 hour and above timeframe with standard settings - as always, fully adjustable from settings...
simple to use as another confirmation on your strategies -
Green = buy
red = sell
DM for access rules
Bayes Probability Index by DGTWhat is Probability?
It is a measure for calculating the chances or the possibilities of the occurrence of a random event. In simple words, it calculates the chance of the favorable outcome amongst the entire possible outcomes. Mathematically, if you want to answer what is probability, it is defined as the ratio of the number of favorable events to the total number of possible outcomes of a random events.
Is this enough? May be or may be not
Let’s consider an example,
A simple probability question may ask: "What is the probability of Amazon.com's stock price falling?"
How about if we extend our question a step further by asking: "What is the probability of AMZN stock price falling given that the Dow Jones Industrial Average (DJIA) index fell earlier?"
Now we are ready to consider conditional probability and Bayes' Theorem is where we could find answer to this question
Bayes' Theorem
Bayes' theorem, named after 18th-century British mathematician Thomas Bayes, is a mathematical formula for determining conditional probability. Conditional probability is the likelihood of an outcome occurring, based on prior knowledge of conditions or another related event occurring. Bayes' theorem provides a way to revise existing predictions or theories (update probabilities) given new or additional evidence. Bayes' theorem thus gives the probability of an event based on new information that is, or may be related, to that event
Formula For Bayes' Theorem
P(A|B) = P(B∣A) * P(A) /P(B)
= P(B∣A) * P(A) / (P(B∣A)* P(A) + P(B∣A’)* P(A’) )
where
A and B are events and P is probability
P(A|B) is the posterior probability, the probability of A after taking into account B
P(A) is the prior probability, the probability of A belief
P(A’) is the prior probability, the probability of A disbelief : P(A’)=1- P(A)
P(B) is the prior probability, the probability of B belief
P(B∣A) is the conditional probability or likelihood, the degree of belief in B given that proposition of A belief (A true)
P(B∣A’) is the conditional probability or likelihood, the degree of belief in B given that proposition of A disbelief (A false)
Bitcoin was the first-ever cryptocurrency, designed by Satoshi Nakamoto. In its likeness, all other cryptocurrencies were then created. The relationship between Bitcoin and altcoins remains something crypto analyst watch closely. This study aims to display the likelihood of bullish movement for ALTS-USDT pairs taking into consideration of bullish move probability of BTC-USDT pair
What to look for:
Percentage Value of the Conditional Probability and/or Simple Probability. When value is above %50 than bullish move is more probable, conversely when the value is below %50 bearish move is more likely
Limitations : Conditional Probability Line will be shown for daily time frame only, Simply Probability Line would be available for all time frames
Conditional Probability is calculated with the condition of BTC-USDT pair so using Conditional Probability is suggested with ALTS-USDT pairs.
Indicators aim to generate a potential signal/indication of an upcoming opportunity, but, the Indicators themselves do not guarantee the future movement of a given financial instrument, and are most useful when used in combination with other techniques.
Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely
Disclaimer : The script is for informational and educational purposes only. Use of the script does not constitutes professional and/or financial advice. You alone the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
Coinbase ALT/USD IndexA simple ALT/USD pair index of all the altcoins currently trading on Coinbase.
TRI BINANCE SH1TCOINS U500SThis is a Binance index for all coins under 100 sats .
Designed for TRI users from www.therationalinvestor.com
Coins included :
Blox (CDT)
ETHLend (LEND)
CyberMiles (CMT)
WePower (WPR)
Cindicator (CND)
Dock (DOCK)
IOST (IOST)
IoTeX (IOTX)
Etherparty (FUEL)
Zilliqa (ZIL)
Red Pulse Phoenix (PHX)
district0x (DNT)
Request (REQ)
Streamr DATAcoin (DATA)
Tierion (TNT)
Quantstamp (QSP)
GoChain (GO)
QuarkChain (QKC)
Monetha (MTH)
All credits goes to @pequet (the godfather of tradingview scripts :D)
Find more interesting scrips on his tradinview profile page www.tradingview.com
Also his github has loads of info github.com
PMA4TW!
\u2028\u2028
Crypto Indicators #u9tusA set of low timeframe (LTF), medium timeframe (MTF), and high timeframe (HTF) indicators for use in crypto currencies / bitcoin.
Traditionally the 10, 20, 50, 100, and 200 SMAs are used in TA. With cryptos, I've found that the 8 EMA, 21, 55, and 128 SMAs backtest better, while no change in length was necessary for the 200. I wanted to combine all these into one indicator to easily add them to a chart layout, hence this script.
You can customize the length of each MA to your liking in the settings, or accept the defaults.
LTF Indicators:
8 EMA in blue hues, medium line stroke.
MTF Indicators:
21, 55 SMA in purple hues, medium line stroke.
HTF Indicators:
128, 200 SMA in yellow hues, thick line stroke.
Defaults are for daily timeframes and lower; suggest changing up the intervals for weekly and monthly to:
21 -> 30
55 -> 50
128 -> 100
$BTC, $ETH, #ALTS
twitter.com
(c) @jhaurawachsman 20190515
BTC Dominance - by @cryptomrdavis -Simple tool for your trading assets. Check the dominance from BTC agains other Alts and trade safe.
You can find a short description on the chart above.
Website coming soon: cryptotradingresource.com
Happy trading
+++ use this tool on your own risk. i'm not responsible for your loses. DYOR +++
____________________________________________________________________________
BTC: 1GVRDK3HHr9CKM5SF2CGpCNXFuavB3L4j9
ETH: 0x7b825fa752b9926D3E8397cDb1d9E5473D074646
XLM: GAXUQJSW55C7MAC4GI26NZUGIKSHFDVFRFKZCXPLMPY4HCADSDT55XK6
BCH: qz57n04ud6mn42u00aymqkku8tfh0lk4jv9c28mjvv
SHIT35 Alt Index (ROC or Volume) [LucF]SHIT35 is an index of 35 Binance alt/BTC pairs. It provides traders with a more reliable read of BTC pairs price movement than the often uncorrelated USD market cap standard.
Because it must read data coming from 35 markets, SHIT35 is painfully slow and should be kept hidden most of the time. Its features will hopefully seduce traders in using it nonetheless for market analysis.
Features
The Index can be calculated using 4 different modes:
1. Total of instant rate of change for all 35 markets ,
2. Cumulative total of ROCs,
3. Average of ROCs,
4. Plus/Minus volume (an aggregate OBV, if you will).
Select only one of the methods at a time to prevent confusion between modes.
An option allows showing the correlation between the Index as it is configured, and another instrument (CRYPTOCAP:TOTAL2 by default).
Markers can be used to identify abnormal movements in the Index. They are generated using Index exits from Bollinger bands.
The chart shows the Index with, from top to bottom, the default mode with BTC pairs, with USDT pairs, then mode 2 and 4 for BTC pairs.
Index Components
The Index is not weighed. The 35 instruments composing the index all have equivalents in the USDT quote currency on Binance, so you can easily change to those pairs using the Settings. Choosing another exchange or quote currency will require modifications to the list of instruments in the indicator’s code, since if one of the markets cannot be found, the indicator will not work. If the instrument exists but has no history for some bars, zero values will be used for them.
Watchlists
I have created a watchlist for the 35 markets in each of the BTC and USDT quote currencies. To import the watchlists, save the text you’ll find at these links in a file named the way you want your watchlist to be named and import them using the “Import Watchlist…” function.
BTC Watchlist: pastebin.com
USDT Watchlist: pastebin.com
Alerts
You can define alerts on any combination of markers you configure. After defining the markers you want the alert to trigger on, make sure you are on the interval you want the alert to be monitoring at, then create the alert, select the indicator, use the default alert condition and choose your triggering window (usually “Once Per Bar Close”). Once the alert is created, you can change the indicator's inputs with no effect on the alert.
[THE MECHANIC] : Buy small and continuously, profit trailThis script is entirely my own original work.
The script is intended for USDT crypto trades. It's hypothesis is that Alts usually go where BTC goes. So, this script considers indicators on a USDT paired ALT, and simultaneously considers BTC's USD movement to make a buy decision. The exact combination of indicators will not be disclosed.
It does not intend to seek the bottom AT ALL. It intends to buy early in upswings. Using profit trailing on a tool such as Gunbot, consistent profits of 2% to 5% is possible. Hourly charts or longer are recommended.
A stop loss is an absolute necessity, but can be set quite tightly because of the stated hypothesis.
Script access is controlled only because it is my terms of use that users provide feedback on their experience and make recommendations for improvement.
Bitfinex USD Pairs: Betas and Correlations [checkm8]Hello and welcome to my beta and correlation indicator!
This indicator is meant to be used to assess trading alternatives to BTCUSD on Bitfinex, examining alt-USD pairs that can be traded on margin. This list is as follows:
ETHUSD
LTCUSD
EOSUSD
NEOUSD
OMGUSD
XRPUSD
IOTUSD
BCHUSD
SANUSD
ETPUSD
ETCUSD
XMRUSD
ZECUSD
DSHUSD
Before dwelling further on the script, let's revisit the definitions of beta and correlation:
Beta is a statistical measure of a %-change in an asset relative to a 1% change in a benchmark. In our case - this is BTCUSD. For example, if the beta is 1.5, it means that the particular asset moves 1.5% in the same direction as the 1% change of the benchmark. If the beta is negative, the asset is moving in opposite direction of the benchmark. Note: beta is not confined to any range.
Correlation is a statistical measure of the relationship between two assets, from a range of +1 to -1, where a score of +1 implies perfect positive correlation (prices move in the same direction), -1 implies perfect negative correlation (inverse relationship), and 0 implies no relationship in price changes.
For the calculations, BITFINEX:BTCUSD is used as the benchmark.
Through the script's settings:
You can select whether to plot betas or the correlations
You can select the desired length to be used in the measure of beta and correlations
You can enable smoothing for less choppy results. This is accompanied by options to modify the smoothing length and the smoothing method, where SMA, EMA, RMA, and WMA are available.
You can enable and disable individual alt pairs from being displayed (ie. if you do not want LTCUSD plotted, you can turn it off)
Below is an example of the correlation setting.
I would recommend using a smoothing input of 3-6, on SMA, and the 4-hour timeframe for good results. I use this indicator for help in deciding what alt pairs to trade on a particular day, where you will want to trade alts with the highest correlations. Note: be weary of less liquid markets, such as ETP and SAN.
Also note: the labels shown in the snapshot are for presentation purposes only. You can enable Indicator Labels by right clicking the oscillator -> "Price Scale" -> "Indicator Labels".
Please let me know if you have any questions, suggestions, or concerns.
Happy trading!
For additional information as to why you should be using this indicator and trading alts instead of BTCUSD, please refer to my study:
FOMO_Buy_Sell_IndicatorBuy and sell indicator that fits everyone's needs.
For noobs - You can use it even if you are not TA friendly. Green is buy and Red is sell.
For pros - It helps you second guess your ins and outs.
PM to gain access, please. Thanks
Crypto Money Trader - Indicator for Buy and Sell SignalsThis is it... the one that many have been waiting for.
We have taken everything we have learned from the Crypto Money Index and Crypto Money Bot and combined it into the best indicator possible for trading crypto currencies. This version also includes logic for shorts (sell) and another criteria for longs (buys).
The code is cleaner as well so there is less signal noise and more precise entries.
Before we released this script, we did backtesting on all the current supported USD pairs for optimal results.
Here is one set of results for BTC on 2 hour chats using $5,000 starting balance, 1 trade at once maximum, and 1 contract size:
www.cryptosignalsbot.com
Net Profit: $25,582, 511.64%
Total Trades: 17
Percent Profitable: 70.59%
Profit Factor: 4.304
Maximum Downdraw: $6,629
AvgTrade: $1,504.82, 30.1%
These results get even crazier when you get into settings where you can have 4 trades at once - beyond 700% return... crazy...
The indicator also includes alerts that you can setup so you are aware when a Buy or Sell signal is triggered. Just set an indicator alert for the Trigger Buy or Trigger Sell greater then a value of 0 and you will always know when it is time to look at the charts.
--== STRATEGY ==--
You can combine this indicator with other indicators in your strategy. Many of our most successful users of our previous scripts do just that as it helps them tune a perfect time for an entry.
Personally, we use the indicator and simple trendline entries. When a Buy or Sell triggers, draw a trendline and support / resistance lines and enter on a breakout. That's it.
Please note: this is not a "buy it or sell it now" kind of indicator. Sometimes it will signal a few hours early before a move.
--== SUPPORTED PAIRS ==--
We are always adding pairs, but as of February, 2018 this is our supported USD based pairs: BTC, ETH, LTC, XRP, NEO, BCH, IOT, EOS, BTG, ETC, ETP, OMG, EDO, ZEC, XMR, TRX, SAN, DSH, SNG
--== TELEGRAM CHANNEL ==--
All subscribers to this indicator will get access to our Exclusive Telegram Group where all the signals are analyzed and posted for you to see how we are playing the calls. You can either use this to learn how we use the indicator, or to trade from (at your own risk of course).
The alerts are all posted in this channel automatically and only the timeframes with the highest returns from extensive backtests are posted here automatically. However, we will sometimes post analysis on other timeframes as well.
--== BONUS ==--
As a subscriber, not only do you get this amazing indicator, but as a subscriber you will get access to our Crypto Money Index and the Crypto Money Bot
--== ACCESS ==--
Access is simple, go to our new website and register: Crypto Signals Bot
We will work to get you access to everything as quickly as possible. If you have any issues or questions, use the contact form on the website.