noomnahor

altcoin index oscillator

Use
Compare alt coins to the "altcoin index", an average of a selection of alt coins.
Above zero means the coin you are viewing is worth more than the index, indicating the possibility of overbought.
Below zero indicating the opposite, a possibility of oversold.
Press the cog icon to select which alt coins you want included in the index.

Notes
The coins in the index are ALTBTC, meaning their value against BTC. Due to this the indicator is useless when viewing BTC only charts.
Script open-source

Dans le véritable esprit de TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par le règlement. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.

Vous voulez utiliser ce script sur un graphique ?
//@version=2
//study("altcoin averages")
study("altcoin index oscillator", overlay=false)

curr = security(tickerid, period, ohlc4)

ch1 = input(true, "include ppcbtc", bool)
ch2 = input(false, "include ethbtc", bool)
ch3 = input(true, "include nmcbtc", bool)
ch4 = input(true, "include nxtbtc", bool)
ch5 = input(true, "include xmrbtc", bool)

count = ch1 + ch2 + ch3 + ch4 + ch5

ppc = iff(ch1, security("THEROCKTRADING:PPCBTC", period, ohlc4), 0)
eth = iff(ch2, security("KRAKEN:ETHXBT", period, ohlc4), 0)
nmc = iff(ch3, security("THEROCKTRADING:NMCBTC", period, ohlc4), 0)
nxt = iff(ch4, security("HITBTC:NXTBTC", period, ohlc4), 0)
xmr = iff(ch5, security("HITBTC:XMRBTC", period, ohlc4), 0)

average = avg(ppc, eth, nmc, nxt, xmr)
diff = (curr - average) / (average)
max = highest(diff, 21)
min = lowest(diff, 21)
highestAbs = abs(max) > abs(min) ? abs(max) : abs(min)
osc = diff / highestAbs

over = diff > 0
under = diff < 0

colordef = over ? red : under ? green : white

plot(osc, "osc", color=colordef, style=line)

plot(1, title = "Top Line", color = white, linewidth = 1)
plot(0, title = "Zero Line", color = yellow, linewidth = 1)
plot(-1, title = "Bottom Line", color = white, linewidth = 1)