3GBH - CapMap v1

This indicator compares the RSI of the symbol you're viewing against;
- TOTAL ( market cap of the entire cryptocurrency market )
- TOTAL2 ( market cap of the entire cryptocurrency market excluding BTC )
- BTCs market cap
- ETHs market cap

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This helps to track the trend of a certain symbol and to quickly see how it's performing in contrast to key market players ( BTC & ETH ).
It also allows you to see the current state of the crypto market as a whole.

I tend to use TOTAL & TOTAL2 for technical analysis on BTC, and BTC & ETH for technical analysis on alt-coins.

Note di rilascio

- Added in 2 sets of Fast/Slow HMA's

- the ' HMA - players ' sources are based on the RSI values excluding the current symbol you're viewing. ( Lighter Shade )
( TOTAL, TOTAL2, BTC and ETH )

- the ' HMA - all ' sources are based on the RSI values including the current symbol you're viewing. ( Darker Shade )
( TOTAL, TOTAL2, BTC, ETH and CURRENT SYMBOL )

If you are only using one set of the HMA's, make sure you are using the Fast and Slow from the same set.

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This will help me to see the overall-average trend of the crypto market as a whole.

Script open-source

Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.

Clancy3gbh

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Script open-source

Clancy3gbh