OPEN-SOURCE SCRIPT
PROWIN STUDY ALTCOIN INDEX
PROWIN STUDY ALTCOIN INDEX
This indicator tracks the performance of key altcoin dominance indices (BTC.D, ETH.D, USDT.D, USDC.D, and DAI.D) by analyzing their closing prices. It calculates an Exponential Moving Average (EMA) to highlight the overall trend of the altcoin market. Key horizontal levels representing support (limit up), resistance (limit down), and a central line are drawn to help identify potential price action zones. This indicator is designed for analysis on the others.d asset in a daily timeframe, providing insights into market movements and altcoin dominance shifts.
This indicator tracks the performance of key altcoin dominance indices (BTC.D, ETH.D, USDT.D, USDC.D, and DAI.D) by analyzing their closing prices. It calculates an Exponential Moving Average (EMA) to highlight the overall trend of the altcoin market. Key horizontal levels representing support (limit up), resistance (limit down), and a central line are drawn to help identify potential price action zones. This indicator is designed for analysis on the others.d asset in a daily timeframe, providing insights into market movements and altcoin dominance shifts.
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