OPEN-SOURCE SCRIPT
Updated Crypto Index

The CI is a Bitcoin Crypto Index that utilizes advanced, real-time analysis of 9 metrics to help us understand what stage of the Bitcoin bull run and bear market cycles we are in. The confidence score indicates whether we are approaching the top/bottom of a blow-off Bitcoin cycle.
Weight values in the settings allow you to change the preference for some indicators more than for others, thereby changing the curve of the Crypto Index and values
The heat map is not displayed by default, so you can enable it in the settings
(Alert contain all indicators from Crypto Index)
Weight values in the settings allow you to change the preference for some indicators more than for others, thereby changing the curve of the Crypto Index and values
The heat map is not displayed by default, so you can enable it in the settings
(Alert contain all indicators from Crypto Index)
Release Notes
Update: Offset for rescale function. When you change it you can regulate top and bottom value for CI after changing weightsRelease Notes
updated alertOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.