Asset vs Total Market Cap & Relative Strength Purpose
This indicator allows traders to compare a selected asset to the major market benchmarks:
BTC – primary crypto market leader
ETH – secondary crypto market leader
USDT.D – shows market risk-on vs risk-off sentiment
TOTAL – total crypto market capitalization, useful for overall market trends
It also provides relative strength calculations:
Rel. Strength = Asset % change - USDT.D % change
Rel. Strength vs Total = Asset % change - Total % change
This allows you to see if your asset is outperforming or underperforming broader benchmarks.
The table covers multiple timeframes, making it easy to scan both short-term and longer-term trends:
Row Timeframe
0 Current
1 15m
2 1H
3 4H
4 1D
Selected Asset / BTC / ETH:
Green for positive % change
Red for negative % change
Gradient intensity proportional to magnitude (maxAbsChange input)
USDT.D:
Orange if rising (risk-off)
Teal if falling (risk-on)
Total Market Cap / Rel. Strength:
Gradient reflects asset performance relative to total market, independent of USDT.D.
Positives
Compact dashboard: Everything is in one table for quick scanning.
Multi-timeframe comparison: Traders can instantly see short-term vs long-term strength.
Relative performance visualization: Gradients immediately highlight outperformers and underperformers.
Benchmark comparisons: Asset vs BTC, ETH, USDT.D, and Total Market Cap.
Independent Rel. Strength: Highlights whether the asset is outperforming even if the total market moves.
Customizable gradient sensitivity: maxAbsChange and maxRelChange allow tuning how “strong” the colors appear.
Chart plotting: Rel. Strength vs total market is plotted for further visual reference.
How to Use
Green table cells → strong positive movement
Red table cells → negative movement
Rel. Strength > 0 → asset outperforming
Rel. Strength < 0 → asset underperforming
Use table to compare relative performance vs BTC, ETH, and total market for informed trading decisions.
Xrpusd
XRP Breathe Strategy Zones + RetracementGreen/red backgrounds = Inhale/Exhale phase timing
Horizontal lines at $3.65 / $3.00 / $2.60 for reference
MACD arrows = entry/exit hints within phase context
New yellow/purple retracement lines:
Inhale → yellow line = pullback buy zone
Exhale → purple line = potential rally target or short zone
High/Low Weekly TimeframeI'm testing a simple but useful indicator that plots the high and low for the current week. The time-frame can be selected by the user.
It's useful when you're trading in a smaller time-frame (example: 1H or 4H) to know exactly the weekly low and high, and whether the price breaks above or below this price lines.
This indicator allows you:
- To select the desired time-frame to get the Low and High.
- To print an optional EMA for the same time-frame.
- To optionally change the bar-color when the close price crosses above the weekly high or crosses below the weekly low.
Hope this helps you to visually identify price movements.
If you like this script please give me a like and comment below.
Thanks,
Rodrigo
XRPBTCSHORTS XRPBTCLONGS - Bitfinex XRP Shorts & Longs// Created by titanlyy
// This script was inspired by @autemox who created the BTC version of this.
// Hope this helps. Peace out.
// 7th September 2018
Bitfinex Longs/Shorts Multi-Coin [acatwithcharts]This script plots the longs/shorts ratio derived from Bitfinex for BTCUSDLONGS, BTCUSDSHORTS, and similar for 11 top cryptocurrencies chosen selected based on marketcap, trading volume on Bitfinex, and the maximum number of times that TradingView would let me call the "security" function in one script. Included coins:
BTC, ETH, LTC, BCH, XRP, EOS, IOT (IOTA), ETC, ZEC, NEO, XMR
In addition to just plotting the ratios for the individual coins, this script also calculates for a customizable selection of the 11 coins both the average ratio and a weighted average weighted by (USD price of coin * sum of long and short positions).
I wrote it both to use both for a big picture overview of leveraged positions across major coins and to use as a Swiss army knife of longs/shorts ratio indicators for individual coins, most of which do not currently have individual scripts published.
I'm an amateur and you definitely shouldn't take anything I say or use any of my scripts as financial advice. I'd appreciate any feedback.
True Price XRPArbitrage is the simultaneous purchase and sale of an asset to profit from a difference in the price. It is a trade that profits by exploiting the price differences of identical or similar financial instruments on different markets or in different forms.
In cryptocurrencies, arbitrage is difficult - if not impossible to profit from due to the large transaction costs of buying and sell on the different exchanges.
Some exchanges have fees in excess of 3%. This means that the difference in price between exchanges would have to be greater than the transaction cost in order to profit.
This also does not take into account the risk of price movement in the time it would take to transfer funds between exchanges, making the ability to profit from arbitrage impossible for the retail investor.
While "arbitrage" may be intuitively associated with "sabotage" to the uninformed, the occurence is not a result of greedy price manipulation. The difference in price between exchanges can be simply justified by the separation of market depth creating an indipendantly operating order book.
Essentially, this is an individually performing market with a unique price spread.
In order to determine the most visually accurate price, I have averaged the asking price of these six exchanges:
1. KRAKEN
2. BITSTAMP
3. BITFINEX
4. BITTREX
5. POLONIEX
6. BITSO
This plotted line can be overlayed on top of any XRP/USD price from any given exchange in order to view the variance from the average in real-time, or you can hide the underlying chart to view only the average of the six exchanges as demonstrated in the chart above.
Find this in the public indicator library!
Like and follow for more great scripts.
