B1rd's Bitcoin Dominance Oscillator

١٤ يناير ٢٠٢١

A Bitcoin Dominance Oscillator.

*OPTIMAL SETTINGS HAVE YET TO BE DISCOVERED"
Best used on BTC pairs.

The moving line is called the initiator line
Usage is simple: When line turns green you buy alts with bitcoin, When the line turns red you sell alts for bitcoin.

Functions:
Select a wide range of MA's for your Bitcoin dominance source and your initiator line.
Seperately set your MA length's.
A customizable noise filter (Value 0 = off)

Full description:
This indicator calculates the difference between the BTC.D and the selected moving average of BTC.D.
The units on the right represent the % of the BTC.D it moves above or below the MA.

For the purpose of trading alts I have swapped the positive and negative values. So when BTC.D starts moving up, the initiator line should point down in the negative. When BTC.D starts moving down, the initiator line will point up in the positive.

١٧ يناير ٢٠٢١

ملاحظات الأخبار

Big update ahead:

Added dominance pairs for all coins (I should probably rename this indicator to just Dominance Oscillator).
Reworked the colouring/styles
Added a usdt dominance confluence filter for the strategy.
On all initiator lines you can select a different type of MA and Length.
Added an option to inverse positive and negative side, for example: you could trade an alt against the btc dominance.


If you want free acces to this indicator you can PM me, in return all I ask for is to report back every once in a while with settings that yield good results

١٨ يناير ٢٠٢١

ملاحظات الأخبار

Update:
You can now choose a MA for the usdt.d initiator line
Better style/colouring.

١٩ يناير ٢٠٢١

ملاحظات الأخبار

Added automated pair recognition.
Added a label which displays the pair you selected.

٢ مارس ٢٠٢١

ملاحظات الأخبار

Coloring update, usdt.d confluence is now indicated with green/red bars.
Noise filter update, is now using an Average True Range sourcing the plotted bars from the past.
Fixed bug in label text when selecting a different asset than what you are currently looking at.

١٩ أبريل ٢٠٢١

ملاحظات الأخبار

Hotfix

١٩ أبريل ٢٠٢١

ملاحظات الأخبار

minor update to fix strategy.

٢٠ أبريل ٢٠٢١

ملاحظات الأخبار

Input and Code improvements

١١ مايو ٢٠٢١

ملاحظات الأخبار

update