Add Feature: Bitcoin/Altcoin Dominance Algorithm + Dominance Strength Algorithm #15
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Code Update 🔔
Code Update
documentation 📄
Improvements or additions to documentation
enhancement 👍
New feature or request
FINSIHED
FINSIHED
Priority: Medium
Priority: Medium
Testing - Passed
Testing - Passed
Enhancement idea
Description
BTC
currently going upwardsAltcoins
currently going downwardsCommon sense
BTC.D
going up! Why isBTC.D
saying-0.12%
makes no sense!0.03%
BTC
saying0.58%
Simple maths:
0.58 - 0.03 = +0.55%
How to read this
A reading above zero
BTC
is increasing dominance!A reading below zero
BTC
is decreasing dominance!Therefore seeing
+0.55%
makes sense whenBitcoin
is stronger thanAltcoins
in this moment in time!Links
https://www.tradingview.com/symbols/BTC.D/
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