lysergik

Fiat Flow Index

lysergik Updated   
Fiat Flow Index by Lysergik

This indicator compares the change in stable-coin market caps and total crypto market cap and then using those comparisons creates an index from 0 to 100.
When the index spikes and tags the upper or lower threshold levels, it is assumed that a significant inflow or outflow (respectively) of fiat in the crypto space has occurred.

Note: The data of this indicator is independent of price action. It looks only at total market cap and stablecoin market caps to derive its data points.
Release Notes:
- Small settings cleanup
Release Notes:
- Added custom FFI sensitivity and signal-threshold levels
- Improved style settings readability
Release Notes:
- Added centered-mode (makes zero the center line)
- Fixed small typo in settings
Release Notes:
- Small improvements
- Cleaned code and changed defaults slightly
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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