OPEN-SOURCE SCRIPT
Updated Trash Table - Filter 1: Multi Beta Coefficient Table
Multi Beta Coefficient Table based on the work of Staggy_ and NianiaFrania🐸.
The indicator is setup for 39 assets compared to 1 benchmark over the last 500 days.
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The default benchmark is TOTAL but you can change it in the indicator settings if you want to. The same goes for the period of 500 days that the beta is calculated for.
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You can change the default 39 assets according to what coins you have in your trash table.
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Use a chart with replay function to gather the beta scores of your assets at an earlier point in time.
Should the indicator return NaN, the particular coin does not have a sufficient price history to calculate a beta over the set beta measurement length.
The indicator is setup for 39 assets compared to 1 benchmark over the last 500 days.
⠀
The default benchmark is TOTAL but you can change it in the indicator settings if you want to. The same goes for the period of 500 days that the beta is calculated for.
⠀
You can change the default 39 assets according to what coins you have in your trash table.
⠀
Use a chart with replay function to gather the beta scores of your assets at an earlier point in time.
Should the indicator return NaN, the particular coin does not have a sufficient price history to calculate a beta over the set beta measurement length.
Release Notes
Some adjustments for a better appearance of the indicator.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.
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.
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.
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.