OPEN-SOURCE SCRIPT

Crypto Total Market Cap, Exclude Tether, (USD)

Total cryptocurrency market capitalization without tether, with alerts for chosen value thresholds.

The rationale is that tether is a printed supply stable coin with a fixed value; there is no need to include its value in a combined market cap. It's debatable if that's true, but that doesn't explain what this indicator is.

The second part of this indicator is highlighted when the aforementioned adjusted market cap is above or below certain values. They are round numbers; a psychological factor. A psyop, if you will.

Options to configure are the lower and upper bound and colors. The alerts must be manually turned on, as usual.
Centered OscillatorstetherdollarTrend AnalysisVolume

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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