OPEN-SOURCE SCRIPT

Crypto/Stable Mcap Ratio Normalized

Aggiornato
Create a normalized ratio of total crypto market cap to stablecoin supply (USDT + USDC + DAI). Idea is to create a reference point for the total market cap's position, relative to total "dollars" in the crypto ecosystem. It's an imperfect metric, but potentially helpful. V0.1.

This script provides four different normalization methods:

Z-Score Normalization:
  • Shows how many standard deviations the ratio is from its mean
  • Good for identifying extreme values
  • Mean-reverting properties



Min-Max Normalization:
  • Scales values between 0 and 1
  • Good for relative position within recent range
  • More sensitive to recent changes



Percent of All-Time Range:
  • Shows where current ratio is relative to all-time highs/lows
  • Good for historical context
  • Less sensitive to recent changes



Bollinger Band Position:
  • Similar to z-score but with adjustable sensitivity
  • Good for trading signals
  • Can be tuned via standard deviation multiplier




Features:
  • Adjustable lookback period
  • Reference bands for overbought/oversold levels
  • Built-in alerts for extreme values
  • Color-coded plots for easy visualization
Note di rilascio
Create a normalized ratio of total crypto market cap to stablecoin supply (USDT + USDC + DAI). Idea is to create a reference point for the total market cap's position, relative to total "dollars" in the crypto ecosystem. It's an imperfect metric, but potentially helpful. V0.1.

This script provides four different normalization methods:

Z-Score Normalization:
  • Shows how many standard deviations the ratio is from its mean
  • Good for identifying extreme values
  • Mean-reverting properties


Min-Max Normalization:
  • Scales values between 0 and 1
  • Good for relative position within recent range
  • More sensitive to recent changes


Percent of All-Time Range:
  • Shows where current ratio is relative to all-time highs/lows
  • Good for historical context
  • Less sensitive to recent changes


Bollinger Band Position:
  • Similar to z-score but with adjustable sensitivity
  • Good for trading signals
  • Can be tuned via standard deviation multiplier


Features:
  • Adjustable lookback period
  • Reference bands for overbought/oversold levels
  • Built-in alerts for extreme values
  • Color-coded plots for easy visualization

Bands and Channels

Script open-source

In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

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