INVITE-ONLY SCRIPT

[Bitnalysis] Altcoin Season Indicator

The Altcoin Season Indicator compares performance of Bitcoin with the performance of the top altcoins over a specified period. The indicator weights the results, giving greater weight to the first specified altcoins. By default, the larger market cap altcoins, such as ETH, BNB, ADA, etc., are included first and therefore given greater weight in the algorithm. To remove the weighting from the formula and consider the performance of all listed altcoins equally, set the weighting setting to "0".

The output shows to what extent altcoins are outperforming Bitcoin; the higher the number, the more altcoins are outperforming Bitcoin. This indicator helps traders predict when "altcoin season" is about to begin or end.

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact JRL_6 directly.

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Author's instructions

Contact me for information on my premium indicators.

Warning: please read our guide for invite-only scripts before requesting access.

JRL_6

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