Created
March 31, 2023 23:38
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Market mobster dominance script
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| // This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/ | |
| // © jrgoodland | |
| // https://www.tradingview.com/script/RN1Tc7we-Simple-Dominance-Momentum-Indicator/ | |
| //@version=5 | |
| indicator("Simple Dominance Momentum Indicator", format = format.percent) | |
| dom_ema_len = input.int(21, "EMA Length", 1) | |
| trend_ema_len = input.int(55, "Trend EMA Length", 1) | |
| string dom_ticker = na | |
| dom_ticker := switch syminfo.currency | |
| "USDT" => "USDT.D+USDC.D+DAI.D" | |
| "USDC" => "USDT.D+USDC.D+DAI.D" | |
| "DAI" => "USDT.D+USDC.D+DAI.D" | |
| "BTC" => "BTC.D" | |
| "ETH" => "ETH.D" | |
| "BNB" => "BNB.D" | |
| => na | |
| dom = request.security(dom_ticker, timeframe.period, close, ignore_invalid_symbol = true) | |
| dom_ema = ta.ema(dom, dom_ema_len) | |
| trend_ema = ta.ema(dom, trend_ema_len) | |
| plot(na(dom_ticker) ? na : dom, "Stables Dominance", color.green) | |
| plot(na(dom_ticker) ? na : dom_ema, "Dominance EMA", color.white) | |
| plot(na(dom_ticker) ? na : trend_ema, "Trend EMA") |
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