Multi Asset Comparative

2025年6月10日

📊 Multi Asset Comparative – Compare Baskets of Cryptos Visually
This indicator allows you to compare the performance of two groups of cryptocurrencies (or any assets) over time, using a clean and intuitive chart.
Instead of looking at each asset separately, this tool gives you a global view by showing how one group performs relative to another — all displayed in the form of candlesticks.



🧠 What This Tool Is For
Markets constantly shift, and capital rotates between sectors or tokens. This script helps you visually track those shifts by answering a key question:

"Is this group of assets getting stronger or weaker compared to another group?"

For example:

• Compare altcoins vs Bitcoin
  
• Track the DeFi sector vs Ethereum
  
• Analyze your custom portfolio vs the market
  
• Spot moments when money flows from majors to smaller caps, or vice versa
  

🧩 How It Works (Simplified)
You select two groups of assets:

Group 1 (up to 20 assets) — the one you want to analyze
Group 2 (up to 5 assets) — your comparison baseline

The indicator then creates a single line of candles that represents the performance of Group 1 compared to Group 2. If the candles go up, it means Group 1 is gaining strength over Group 2. If the candles go down, it's losing ground.

This lets you see market dynamics in one glance, instead of switching charts or running calculations manually.

🚀 Why It's Unique
Unlike many indicators that just show data from one asset, this one provides a bird's-eye view of multiple assets at once — condensed into a simple visual ratio.

It’s:

• Customizable (you choose the assets)
  
• Visual and intuitive (no need to interpret tables or formulas)
  
• Actionable (helps with trend confirmation, macro views, and market rotation)
  

Whether you're a swing trader, a macro analyst, or building your own strategy, this tool can help you spot opportunities hidden in plain sight.

✅ How to Use It
Choose your two groups of assets (e.g., altcoins vs BTC/ETH)

Watch the direction of the candles:

Uptrend = Group 1 gaining strength over Group 2

Downtrend = Group 1 weakening

Use it to confirm market shifts, anticipate rotations, or analyze sector strength

3天前

版本注释

🔄 Update – Simplified & Improved Version

This update makes the indicator simpler, cleaner, and more user-friendly.

The script now focuses on a direct crypto / crypto comparison, making it easier to analyze relative strength between two assets.

Configuration has been streamlined: you simply select Asset 1 and Asset 2, no complex setup required.

The pair name (Asset 1 / Asset 2) is now displayed directly on the chart, with customizable color, background, and text size for better readability.

Overall, this version offers a more fluid experience, faster setup, and clearer visual context when analyzing crypto-to-crypto ratios.