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Mongoose Capital: DriftScope Alpha Signals

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Mongoose Capital: DriftScope Alpha Signals — Grover Tribute Edition

Author: The Real Mongoose
Inspired by: Alex Grover’s work on divergence-based signal design.

Overview
This indicator captures and visualizes BTC spot price drift relative to the top 6 U.S.-listed Bitcoin ETFs. It highlights actionable divergence opportunities that occur at U.S. ETF market open and helps identify when BTC is moving ahead or lagging behind institutional flows.

Designed for macro-aware crypto traders who want alpha edge from spot-vs-ETF inefficiencies.

Core Features

BTC Spot vs ETF Drift and Spread Analysis

Fade / Long Signals at U.S. ETF Market Open

Z-Score Normalization and Conviction Scaling

BTC1 Futures Overlay for Session Gap Context

Dynamic Bias Labeling: Neutral, Fade, or Long

Market Session-Aware Logic (weekday + hour filters)

Clean Data Window Signal Output for Manual Confirmation

How to Use

Load on a BTCUSD chart (Coinbase recommended).

Watch for signals in the Data Window:

"Fade ETF Open" = Potential short opportunity

"Long ETF Open" = ETF catching up to BTC spot; long bias

Best on intraday or 1D timeframes.

Combine with BTC1 Futures and ETF volume/sentiment.

Use confirmation from price structure, order flow, or MFO bias.

Methodology

Measures real-time price drift between BTC spot and top 6 ETFs

Computes z-score from the spread to normalize signal strength

Applies session filters: only triggers around ETF open windows

Adds BTC1 futures context for weekend/overnight gaps

Designed in the signal modeling spirit of Alex Grover

Purpose
Created to monitor how institutional flows (via ETFs) interact with real BTC demand. Identifies alpha windows where spot price leads or lags ETF behavior. Traders can fade extreme dislocations or ride momentum as ETF volume enters.

This is not a lagging oscillator — it’s a session-based, flow-aware signal model for the BTC macro era.

Attribution
Built by The Real Mongoose
Inspired by Alex Grover
Part of the Mongoose Capital signal suite

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