Get started
OPEN-SOURCE SCRIPT

Crypto Crowding Model

156
This indicator offers a comprehensive analysis of market dynamics by utilizing the Relative Strength Index (RSI) and Z-score calculations across a wide array of cryptocurrencies. It is structured to assess market sentiment, identify overbought or oversold conditions, and detect potential trends based on the statistical significance of price movements.

Key Features:

  • RSI Length and Z-score Lookback: Users can adjust the RSI length and the lookback period for Z-score calculations, allowing for customization based on their trading strategy.

  • Asset Selection: Provides the flexibility to choose among major cryptocurrencies and an array of additional assets, enabling users to focus on specific segments of the crypto market.

  • Market Overview: The inclusion of TOTAL, BTC, ETH, and OTHERS checkboxes allows users to toggle the visibility of these major market indicators, offering a broad or focused market analysis.

  • Large Cap and Other Coins: Separate options to display large-cap coins (with a market cap of 99B or more) and other coins, catering to varied investment interests and strategies.

  • Visual Representation: Utilizes scatter plots to visually represent the RSI and Z-score data, making it easier to interpret the market's statistical behavior.

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.

Mishari_Alr
sentiment

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.
sentiment

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.

Mishari_Alr

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.