Crypto Market RSI Heatmap [BigBeluga]

Jul 3

🔵 OVERVIEW

The Crypto Market RSI Heatmap [BigBeluga] is a comprehensive, institutional-grade sector momentum matrix built for TradingView. It consolidates relative strength metrics for up to 20 cross-sectional crypto assets into a single, highly readable multi-group pane. Instead of forcing you to open dozens of browser tabs or flip back and forth between charts, this system runs concurrent structural background queries to map real-time market overbought expansions and oversold depressions using an advanced, color-gradient visual framework.


🔵 FEATURES

The indicator tracks cross-asset momentum cycles through an isolated data processing engine:

1 — Multi-Asset Matrix Architecture

• Modular Asset Grouping: Assets are automatically split into 4 distinct structural sectors (Group A through Group D). Each section handles up to 5 completely customizable tickers, allowing you to organize setups by Layer 1s, DeFi, Memes, or Major pairs.
  
• Independent Timeframe Anchors: Every group has an isolated execution timeframe filter (Timeframe). This allows you to monitor short-term scalping momentum in one sector while simultaneously tracking macroscopic daily trend structures in another.
  
• Dynamic Highlight Tracking: The background matrix scans the active workspace. The exact asset loaded on your current open chart is highlighted with a custom accent marker (Current Chart Asset Highlight) so you never lose your visual anchor.
  

2 — Momentum Filters & Statistical Computations

• Flexible Core Oscillators: The engine isn't limited to standard RSI calculations. Users can instantly toggle between a classic Relative Strength Index, Money Flow Index (MFI) to capture volume distribution, or a fast-response Stochastic RSI.
  
• Group Average Horizon Lines: Dotted real-time horizontal baselines calculate the mean historical mathematical score of each active group, providing an instant look at overall sector health.
  
• Real-Time Cluster Stats: A live sub-label maps out the active average, minimum, and maximum value points for every cluster directly across the base of the indicator workspace.
  

🔵 HOW TO USE

Using the system to gauge sector rotation requires a systematic analysis flow:

1. Evaluating Sector Divergences: Monitor the separate group structures to identify relative market leaders and laggards. When Group A’s average baseline pushes deeply into the upper red expansion zone while Group B remains pinned inside the lower green oversold region, money is explicitly rotating out of one pocket and into the other.
2. Tracking Active Momentum Continuations: Watch the trailing dashed historical lines to catch velocity expansions. Assets that break heavily out of the neutral 50 level and carry an institutional-grade gradient color shift provide high-probability breakout opportunities.
3. Isolating Market Anomalies: Use the bottom statistics panel to hunt down structural outliers. If a major sector average is floating heavily at a overbought 75 reading, but an individual coin within that exact cluster is sitting at a depressed 35 minimum level, you have found an inefficiencies setup.

🔵 NOTES

Why this implementation is unique:

• It completely replaces standard, bulky multi-pane monitor clusters by arranging up to 20 assets side-by-side using a clean, space-staggered horizontal charting layout.
• The dual-layer label framework overlays readable ticker identifiers directly on top of real-time momentum tracking nodes, preserving chart real estate without sacrificing readability.
• It bridges standard price-derived momentum structures with user-defined asset lists, creating a bespoke internal crypto index tracking workspace.

Jul 3

Release Notes

- color contrast update