INVITE-ONLY SCRIPT
已更新 B1rd's Bitcoin Dominance Oscillator

A Bitcoin Dominance Oscillator.
*OPTIMAL SETTINGS HAVE YET TO BE DISCOVERED"
Best used on BTC pairs.
The moving line is called the initiator line
Usage is simple: When line turns green you buy alts with bitcoin, When the line turns red you sell alts for bitcoin.
Functions:
Select a wide range of MA's for your Bitcoin dominance source and your initiator line.
Seperately set your MA length's.
A customizable noise filter (Value 0 = off)
Full description:
This indicator calculates the difference between the BTC.D and the selected moving average of BTC.D.
The units on the right represent the % of the BTC.D it moves above or below the MA.
For the purpose of trading alts I have swapped the positive and negative values. So when BTC.D starts moving up, the initiator line should point down in the negative. When BTC.D starts moving down, the initiator line will point up in the positive.
*OPTIMAL SETTINGS HAVE YET TO BE DISCOVERED"
Best used on BTC pairs.
The moving line is called the initiator line
Usage is simple: When line turns green you buy alts with bitcoin, When the line turns red you sell alts for bitcoin.
Functions:
Select a wide range of MA's for your Bitcoin dominance source and your initiator line.
Seperately set your MA length's.
A customizable noise filter (Value 0 = off)
Full description:
This indicator calculates the difference between the BTC.D and the selected moving average of BTC.D.
The units on the right represent the % of the BTC.D it moves above or below the MA.
For the purpose of trading alts I have swapped the positive and negative values. So when BTC.D starts moving up, the initiator line should point down in the negative. When BTC.D starts moving down, the initiator line will point up in the positive.
發行說明
Big update ahead:Added dominance pairs for all coins (I should probably rename this indicator to just Dominance Oscillator).
Reworked the colouring/styles
Added a usdt dominance confluence filter for the strategy.
On all initiator lines you can select a different type of MA and Length.
Added an option to inverse positive and negative side, for example: you could trade an alt against the btc dominance.
If you want free acces to this indicator you can PM me, in return all I ask for is to report back every once in a while with settings that yield good results
發行說明
Update: You can now choose a MA for the usdt.d initiator line
Better style/colouring.
發行說明
Added automated pair recognition.Added a label which displays the pair you selected.
發行說明
Coloring update, usdt.d confluence is now indicated with green/red bars.Noise filter update, is now using an Average True Range sourcing the plotted bars from the past.
Fixed bug in label text when selecting a different asset than what you are currently looking at.
發行說明
Hotfix發行說明
minor update to fix strategy.發行說明
Input and Code improvements發行說明
updateYou can find more Technical Analysis and shared positions in our community, if you’re interested in hearing our experiences and learning more about our indicators along with the risk management we apply, feel free to join here: discord.gg/CsB9JtU
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
You can find more Technical Analysis and shared positions in our community, if you’re interested in hearing our experiences and learning more about our indicators along with the risk management we apply, feel free to join here: discord.gg/CsB9JtU
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。