Indicator for proxy BTC and ALT dominance

This indicator calculates a proxy for BTC dominance and ALT domance from total crypto cap by removing USDT and USDC. The indicator has 4 plots:

• Proxy BTC Dominance = BTC dominance / (total crypto cap - stablecoin cap)
  
• Proxy ALT Dominance = (Total crypto cap - stablecoins - btc cap) / (total crypto cap - stablecoin cap)
  
• A reference plot of BTC Dominance
  
• A reference plot of Stablecoin dominance
  

Note di rilascio:

Changes as follows:

• Included DAI and BUSD in the stable coin dominance and proxy btc dominance calculation
  
• Added labels to plot lines (turned off by default but can be enabled via settings)
  

Note di rilascio:

Changes as follows:

• Added SMA smoothing to the dominance plots
  
• Added user-definable look back length for smoothing. Defaults to 3.
  

Note di rilascio:

Changes as follows:

• Added user option to control which stables are in the proxy cap
  
• Fixed issue in calculating proxy total to remove from crypto market cap
  
• Added BTC.D to Proxy spread in the dominance table view
  

Note di rilascio:

Changes as follows:

• Added UI components to allow the user to specify which dominance plots to show.
  
• Fixed typos on the UI widget.
  

Note di rilascio:

Changes as follows:

• Added TUSD to the list of stables that can be used in calculating the Proxy BTC dominance. Default is to not exclude TUSD from the proxy calculation as enabling TUSD exclusion results in the proxy calculation being capped at May 2023.
  
• Fixed UI typos
  
• Removed unused code
  

Note di rilascio:

Changes as follows:

• Added new BTC Proxy Dominance index (explanation below)
  

What is the BTC Proxy Dominance Index?
It’s an index that can be used to measure the difference between BTC.D and its Proxy (total crypto market cap ex. stables)

How is the index calculated?
Values of the index are normalised within the range of 0 to 100, and indicate the magnitude of the difference, relative to the maximum possible difference when the Proxy is at its highest value. A lower index value means a smaller difference between BTC.D and its Proxy, whist a higher value means larger difference.

What is this index for?
The index can be used to evaluate BTC's relative dominance within the total market cap, excluding stables by providing a numerical measure for analysing changes in BTC dominance over time.

Note di rilascio:

Changes as follows:

• Removed TUSD from the stablecoin dominance calculation