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Add Feature: Bitcoin/Altcoin Dominance Algorithm + Dominance Strength Algorithm #15

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summercms opened this issue Jan 6, 2024 · 0 comments
Closed
4 tasks done
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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

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@summercms
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summercms commented Jan 6, 2024

Enhancement idea

  • Add Feature: Bitcoin/Altcoin Dominance Algorithm
  • Add Feature: Dominance Strength Algorithm.
  • Add Light & Dark Mode features.
  • Update doc's.

Description

  1. BTC currently going upwards
  2. Altcoins currently going downwards

Common sense BTC.D going up! Why is BTC.D saying -0.12% makes no sense!

  1. Our Crypto Market Algorithm saying 0.03%
  2. BTC saying 0.58%

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 when Bitcoin is stronger than Altcoins in this moment in time!

Links

https://www.tradingview.com/symbols/BTC.D/

@summercms summercms added enhancement 👍 New feature or request Code Update 🔔 Code Update In-progress In-progress Priority: Medium Priority: Medium labels Jan 6, 2024
@summercms summercms added the documentation 📄 Improvements or additions to documentation label Jan 30, 2024
@summercms summercms changed the title Add Feature: Bitcoin Dominance Algorithm Add Feature: Bitcoin/Altcoin Dominance Algorithm + Dominance Strength Algorithm Feb 12, 2024
@summercms summercms added FINSIHED FINSIHED Testing - Passed Testing - Passed and removed In-progress In-progress labels Feb 19, 2024
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Labels
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
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