OPEN-SOURCE SCRIPT

Crypto/Stable Mcap Ratio Normalized

Diupdate
Create a normalized ratio of total crypto market cap to stablecoin supply (USDT + USDC + DAI). Idea is to create a reference point for the total market cap's position, relative to total "dollars" in the crypto ecosystem. It's an imperfect metric, but potentially helpful. V0.1.

This script provides four different normalization methods:

Z-Score Normalization:
  • Shows how many standard deviations the ratio is from its mean
  • Good for identifying extreme values
  • Mean-reverting properties



Min-Max Normalization:
  • Scales values between 0 and 1
  • Good for relative position within recent range
  • More sensitive to recent changes



Percent of All-Time Range:
  • Shows where current ratio is relative to all-time highs/lows
  • Good for historical context
  • Less sensitive to recent changes



Bollinger Band Position:
  • Similar to z-score but with adjustable sensitivity
  • Good for trading signals
  • Can be tuned via standard deviation multiplier




Features:
  • Adjustable lookback period
  • Reference bands for overbought/oversold levels
  • Built-in alerts for extreme values
  • Color-coded plots for easy visualization
Catatan Rilis
Create a normalized ratio of total crypto market cap to stablecoin supply (USDT + USDC + DAI). Idea is to create a reference point for the total market cap's position, relative to total "dollars" in the crypto ecosystem. It's an imperfect metric, but potentially helpful. V0.1.

This script provides four different normalization methods:

Z-Score Normalization:
  • Shows how many standard deviations the ratio is from its mean
  • Good for identifying extreme values
  • Mean-reverting properties


Min-Max Normalization:
  • Scales values between 0 and 1
  • Good for relative position within recent range
  • More sensitive to recent changes


Percent of All-Time Range:
  • Shows where current ratio is relative to all-time highs/lows
  • Good for historical context
  • Less sensitive to recent changes


Bollinger Band Position:
  • Similar to z-score but with adjustable sensitivity
  • Good for trading signals
  • Can be tuned via standard deviation multiplier


Features:
  • Adjustable lookback period
  • Reference bands for overbought/oversold levels
  • Built-in alerts for extreme values
  • Color-coded plots for easy visualization

Bands and Channels

Skrip open-source

Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart

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