noomnahor

altcoin index overlay

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Purpose
This displays the "altcoin index" as a plot on your chart. Suggested use is coupled with the "altcoin index oscillator".
Use
Add it as an indicator while looking at the chart you would like to assess. Click the settings button (cog) to select which coins you would like included in the index.
You can couple this tool with the "altcoin index oscillator" indicator to view the correlation.
Notes
The "altcoin index" is the average BTC price of a selection of altcoins. Therefore this is their relation to bitcoin and not any national currency. Due to this, the indicator will be useless if you try to use it with BTCUSD etc.
Skript med en öppen källkod

I sann TradingView-anda har författaren till detta skript publicerat det som öppen källkod, så att handlare kan förstå och verifiera det. Skål för författaren! Du kan använda den gratis men återanvändning av den här koden i en publikation regleras av våra Ordningsregler. Du kan göra den till favorit för att använda den i ett diagram.

Vill du använda det här skriptet i ett diagram?
//@version=2
study("altcoin index overlay", overlay=true, scale=scale.right)

curr = security(tickerid, period, ohlc4)

ch1 = input(true, "include ppc", bool)
ch2 = input(false, "include eth", bool)
ch3 = input(true, "include nmc", bool)
ch4 = input(true, "include nxt", bool)
ch5 = input(true, "include xmr", bool)

count = ch1 + ch2 + ch3 + ch4 + ch5

ppc = iff(ch1, security("THEROCKTRADING:PPCBTC", period, ohlc4), 0)
eth = iff(ch2, security("KRAKEN:ETHXBT", period, ohlc4), 0)
nmc = iff(ch3, security("THEROCKTRADING:NMCBTC", period, ohlc4), 0)
nxt = iff(ch4, security("HITBTC:NXTBTC", period, ohlc4), 0)
xmr = iff(ch5, security("HITBTC:XMRBTC", period, ohlc4), 0)

average = avg(ppc, eth, nmc, nxt, xmr)

plot(average, "average", color=white)

Kommentarer

"resolve_error" when I add this to a chart
Svara
noomnahor Sonerous
@Sonerous, it's pretty old, I will investigate. Cheers.
Svara