this oscillator gives helps you to select the right buy or sell moment based on the market cap of the token of your choice It is based on a base 100 oscillator Black plot is BTC marketcap Gray plot is total ALT marketcap
Coloured is based on the coin of your choice The greener the plot, the best buy opportunity The more red the plot, the best sell opportunity
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Fixed typo
Better dark mode support for both BTC and TOTAL3 plots
Renaming horizontal lines as it is the baseline & BTC + TOTAL3 crossings you should look at
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converted to pinescript v5
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Display the marketcap of the current symbol automatically ( thanks @EltAlt )
Great work @BigPhilBxl! Suggestion for automatically displaying the marketcap of the current symbol, change lines 14 and 29 to: custom_market_cap = input.symbol(title='Custom Crypto Cap', defval='', group='Market Cap') custom_cap = request.security (custom_market_cap == '' ? ticker.new ('CRYPTOCAP', syminfo.basecurrency) : custom_market_cap, timeframe.period, close)
BigPhilBxl
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@EltAlt, Thanks for your input, I have integrated your code
SupanatFrank
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Which altcoin that you recomment to use this indecator?
BigPhilBxl
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Hi @SupanatFrank,
you can select the cryptoasset you want, as long as the MARKET CAP is available:
in the settings > inputs > custom crypto cap: you can replace CRYPTOCAP:EGLD by CRYPTOCAP:ticker
not all cryptoassets are available, but here are a few
CRYPTOCAP:BTC
CRYPTOCAP:ETH
CRYPTOCAP:SOL
CRYPTOCAP:EGLD
CRYPTOCAP:ADA
CRYPTOCAP:AVAX
CRYPTOCAP:AAVE
some are even combined:
CRYPTOCAP:TOTAL (global market cap)
CRYPTOCAP:TOTAL2 (global market cap excl BTC)
CRYPTOCAP:TOTAL3 (global market cap excl BTC and ETH)
CRYPTOCAP:OTHERS (all other tickers that are not in the list)
Therefore I would suggest you to use CRYPTOCAP:ticker if it exists, else: CRYPTOCAP:OTHERS
custom_market_cap = input.symbol(title='Custom Crypto Cap', defval='', group='Market Cap')
custom_cap = request.security (custom_market_cap == '' ? ticker.new ('CRYPTOCAP', syminfo.basecurrency) : custom_market_cap, timeframe.period, close)