OPEN-SOURCE SCRIPT
Altseason Index (Top 10)
### Altseason Index (Top 10)
#### Overview
The "Altseason Index (Top 10)" indicator identifies whether the market is in an altseason (altcoins outperforming Bitcoin) or a Bitcoin season. It analyzes the performance of 9 top altcoins (ETH, BNB, ADA, XRP, SOL, DOT, AVAX, SHIB, LINK) against Bitcoin over 90 days, inspired by the Blockchain Center Altcoin Season Index.
#### How It Works
- Calculates the 90-day price change for BTC and 9 altcoins.
- Counts how many altcoins outperform BTC.
- Index = (number of outperforming altcoins / 9) * 100.
- >75%: Altseason (green zone).
- <25%: Bitcoin season (red zone).
- 25–75%: Neutral.
#### Visualization
- Blue line: Index value (0–100).
- Green line at 75: Altseason threshold.
- Red line at 25: Bitcoin season threshold.
- Green/red background fill for altseason/BTC season zones.
#### Usage
Add to your chart and interpret:
- Above 75: Consider altcoin investments.
- Below 25: Focus on Bitcoin.
Ensure tickers match your exchange (e.g., "BTCUSD" or "BINANCE:BTCUSDT").
#### Notes
- Limited to 9 altcoins due to TradingView's request.security() limit.
- Best on daily charts but adaptable to other timeframes.
#### Overview
The "Altseason Index (Top 10)" indicator identifies whether the market is in an altseason (altcoins outperforming Bitcoin) or a Bitcoin season. It analyzes the performance of 9 top altcoins (ETH, BNB, ADA, XRP, SOL, DOT, AVAX, SHIB, LINK) against Bitcoin over 90 days, inspired by the Blockchain Center Altcoin Season Index.
#### How It Works
- Calculates the 90-day price change for BTC and 9 altcoins.
- Counts how many altcoins outperform BTC.
- Index = (number of outperforming altcoins / 9) * 100.
- >75%: Altseason (green zone).
- <25%: Bitcoin season (red zone).
- 25–75%: Neutral.
#### Visualization
- Blue line: Index value (0–100).
- Green line at 75: Altseason threshold.
- Red line at 25: Bitcoin season threshold.
- Green/red background fill for altseason/BTC season zones.
#### Usage
Add to your chart and interpret:
- Above 75: Consider altcoin investments.
- Below 25: Focus on Bitcoin.
Ensure tickers match your exchange (e.g., "BTCUSD" or "BINANCE:BTCUSDT").
#### Notes
- Limited to 9 altcoins due to TradingView's request.security() limit.
- Best on daily charts but adaptable to other timeframes.
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開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
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。