Altcoin Breadth | QuantumResearch

🌐 Altcoin Breadth | QuantumResearch

Monitor the Macro Strength of 40 Altcoins in Real-Time

📊 What It Does
Altcoin Breadth is a market health dashboard that quantifies how many altcoins are trending above key moving averages — either the 50-day or 200-day.

Instead of tracking individual coins manually, this tool computes the percentage of 40 top altcoins trading above their own MAs — a clear indicator of whether the altcoin sector is in a bullish, neutral, or bearish phase.

🔍 How It Works
For each of the 40 tracked altcoins, the indicator evaluates:

✅ Whether Close > 50-day SMA → short-term strength
✅ Whether Close > 200-day SMA → long-term strength
Then it computes:

Breadth 50 → % of coins above their 50-day SMA
Breadth 200 → % of coins above their 200-day SMA
Both values are normalized between 0 and 1 and visualized with color-coded histograms and optional labels for quick interpretation.

⚙️ Features

🧠 Tracks 40 major altcoins simultaneously
📈 Toggle visibility for 50-day or 200-day breadth
🎨 Dynamic gradient coloring (green = strength, red = weakness)
🔁 Adjustable source timeframe (Daily, 4H, etc.)
✍️ Label annotations at last bar for clear readings
🖌️ 8 custom color palettes for visual personalization

💡 Why It’s Unique

This script extends market-wide insight across the altcoin complex.
Real-time, aggregate sentiment.
Instead of watching one chart at a time, you get a global signal of whether altcoins are gaining or losing momentum.
Choose between trend durations.
Use 50-day for tactical moves and 200-day for macro positioning.

📊 How to Use It

✅ Use Breadth 50 for detecting short-term bullish runs across alts
✅ Use Breadth 200 for identifying macro bull/bear cycles
✅ Watch for divergence between price and breadth
📉 If price rises but breadth drops → fewer alts are leading
📈 If price falls but breadth rises → alts may be accumulating

🔔 Ideal For
Swing traders
Macro crypto analysts
Altcoin fund managers
Cross-asset rotation strategies
Building confluence in entry/exit setups

🛠 Compatible With
QuantumResearch’s DipSpectrum, Trend Filters, and Allocation Models
BTC trend overlays or global sentiment tools
Any altcoin strategy needing macro context

⚠️ Disclaimer
This is an informational and research tool. It is not financial advice. Always perform your own due diligence before making trading or investment decisions.