Crypto Breadth ALTSBTC [MarktQuant]
Each altcoin pair (e.g., BNBBTC, XRPBTC) is assigned a score of 1 if its price is above the EMA, or 0 if below. The indicator displays: A line plot of the total score, color-coded using a gradient to reflect market strength (green for lower scores, transitioning to red for higher scores).
A 7-period EMA of the total score for trend smoothing, shown in white.
Colored bars based on the total score, overlaid on the chart.
Horizontal lines marking key zones:
- Zero (0)
- Distressed (20)
- Defensive (40)
- Equilibrium (60)
- Accumulation (80)
- Expansion (100)
Filled color bands to highlight these ranges.
The indicator provides a visual representation of altcoin strength relative to Bitcoin, helping traders identify market trends and potential opportunities. The EMA length is customizable (default: 50).
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact MarktQuant directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
📊 whop.com/marktquant
🌐 marktquant.com
Nothing shared on this page constitutes financial advice. All information, tools, and analyses are provided solely for informational and educational purposes.
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact MarktQuant directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
📊 whop.com/marktquant
🌐 marktquant.com
Nothing shared on this page constitutes financial advice. All information, tools, and analyses are provided solely for informational and educational purposes.