RSI correlation with cryptoindices [alert version]
-total market cap
-total market cap minus bitcoin
-total market cap others
-total market cap usdt
-cix100 index
-btc dominance
-btc total cap
If the signal crosses over 1, then the altcoin is undervalued compared to the crypto index (and a buying signal). If the signal crosses under 1, then the altcoin is overvalued compared to the selected crypto-index and a short signal is produced.
!!Please note that the selected timeframe for the reference pair should be a higher time of the chart in order to prevent repainting!!!
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 DynamicSignalLab directly.
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
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 DynamicSignalLab directly.
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.