Price DEFI Categories against BTC & ETH

/* Work in progress. The indicator is not finished. *\

The indicator shows the pricing of 3 DEFI categories against 2 possible baselines, BTC and ETH.

To do:
* Make a simple array in the source code to enter and remove new projects to the category. -> Maybe can also make it so that the source code does not have to be altered (projects can be added through input etc.)
* Adjust weightings depending on project data but this is not as important since weightings are being priced in by the market.
* Try to find a way to update input to string instead of booleans. As of currently, I could not seem to use input strings into plot functions because of an error.
* and more. Leave some feedback, that would be highly appreciated!
Note di rilascio: V1.1

- Updated the title -> "DEFI against Majors" -> D.A.M 1.1
- Added subcategory 'Derivatives'
- Changed transparency (from 20 to 80) of the plot backgrounds
Note di rilascio: - Changed baseline default value to Ethereum
- Changed boolean input for baseline to choice between strings.
Note di rilascio: V1.2

- Updated user input. Added boolean (true/false) to give the option to disable certain categories.
- Added comments to the source code so it is easier to read for people that want to mess around with it.
Note di rilascio: V1.3

* Eco system mode
- Added most of the big DEFI projects from two spaces: Ethereum & Solana. I used the maps that can be found here: (https:// pentacle .ai)
- I chose to leave some out of the equation due to maturity of the chart; I can't really average a chart on 30 day lookback if it has just been listed 14 days capiche?

Compound, Harvest Finance, Yearn Finance, 0x, Aave, Badger DAO, Alpha Finance, Bancor Network, Curve Finance, Maker, Numeraire

Bonfida, Serum, Hxro

* Changed user input:
- Added seperators for convencience of sight/vision. Still debating whether I should leave or delete again.
- Added lookback (in days) as a reference point. Minimum value of 1 and maximum value of 30 days. On a lookback of 1 it is quite hard to react but you can spot new trends faster. Choose 30 lookback for a good overview of the last month. I advise to use inbetween 7 and 14 for optimal results.
- Added eco system mode which can be toggled on or off. Default value is off. What do you think? Should the indicator work from categories as a base or ecosystem as a base?
Script open-source

Nello spirito di condivisione promosso da TradingView, l'autore (al quale vanno i nostri ringraziamenti) ha deciso di pubblicare questo script in modalità open-source, così che chiunque possa comprenderlo e testarlo. Puoi utilizzarlo gratuitamente, ma il riutilizzo del codice è subordinato al rispetto del Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

Vuoi usare questo script sui tuoi grafici?


Great concept! It would be cool to have BNB/BSC indexes too.
p2pasta AtomOfScent
@AtomOfScent, Thanks for the suggestion! Do you mean BNB as a major against BSC projects? If so, BSC in general or only BSC defi?
@p2pasta, BNB as a major against BSC defi, but I suppose once the symbols can be selected in the settings users could choose whichever BSC projects they like.
It could also be cool to have a plot which averages all the index averages, it might be useful, or might not.
New update looks nice by the way. :)
p2pasta AtomOfScent
@AtomOfScent, Alright. BNB as a major against BSC DEFI. Added to my to-do list :)

I don't quite understand what you mean by averaging all the index averages. Like zoom out more? Categorize into ETH DEFI, BSC DEFI etc.?