This indicator aims look of your emita according to the BTC and . Also you can use Dxy too. The main idea of behind of this indicator is . But not normal :).
For example. If green( ) line upper then going to up better than BTC and your emita. If red line ( BTC ) is upper, thats mean buying BTC can be more profitably. Blue line (named Normal means this is your emita) is upper that mean your emita is can be more profitably than the others. You can think opposite for lower situations.
Be aware this is not mean percent rising or declining. This is just understanding for which of them (relatively) moving how according to the .
Maybe it can using for positons too. But I didnt test it. So be carefull.
There is Rsi in calculations and you can choose your rsi period.
But this isnt mean this lines is rsi. There is also moving avarage calculation in this indicator.
If you have a question or an opinion contct with me.
BTC, XAU, SP500, DXY, UKOIL, ETH and USDT.
Just choose them from Stil.
And dont forget Normal mean your emita on the chart.