OPEN-SOURCE SCRIPT
BTC vs Stable Risk Meter
This indicator calculates the difference between Bitcoin Dominance (CRYPTOCAP:BTC.D) and Total Stablecoin Dominance (CRYPTOCAP:STABLE.C.D) in percentage terms.
• High positive values (e.g., >45%): BTC gaining share vs stables → risk-on sentiment, potential altseason or bullish crypto flows.
• Declining or negative values: Stables growing relatively → risk-off, de-risking, often bearish pressure on volatile assets.
Features:
- Choose visualization style: Line (default), Columns, or Histogram
- Dynamic colors (green >0, red <0)
- Zero reference line + shaded background for positive/negative zones
Example values today (Feb 17, 2026): BTC.D ≈58.85%, STABLE.C.D ≈13.27–13.34%, diff ≈45.5–45.6%.
Best on daily/weekly timeframes. Combine with TOTAL or TOTAL2 for macro context.
Open source – feel free to modify and share!
#bitcoin #stablecoins #dominance #riskmeter #crypto
[Descrizione in italiano segue qui sotto:]
Questo indicatore mostra la differenza tra Dominanza Bitcoin (CRYPTOCAP:BTC.D) e Dominanza totale Stablecoin (CRYPTOCAP:STABLE.C.D) in %.
• Valori positivi alti (es. >45%): BTC guadagna quota vs stable → risk-on, possibile altseason o flussi bullish.
• Valori in calo o negativi: stablecoin in crescita relativa → risk-off, de-risking, pressione ribassista.
Funzionalità:
- Scelta stile: Line (default), Columns o Histogram
- Colori dinamici (verde >0, rosso <0)
- Linea zero + sfondo sfumato
Valori esempio oggi (17 Feb 2026): BTC.D ≈58.85%, STABLE.C.D ≈13.27–13.34%, diff ≈45.5–45.6%.
Ideale su daily/weekly. Combinalo con TOTAL o TOTAL2.
Open source – modifica e condividi pure!
• High positive values (e.g., >45%): BTC gaining share vs stables → risk-on sentiment, potential altseason or bullish crypto flows.
• Declining or negative values: Stables growing relatively → risk-off, de-risking, often bearish pressure on volatile assets.
Features:
- Choose visualization style: Line (default), Columns, or Histogram
- Dynamic colors (green >0, red <0)
- Zero reference line + shaded background for positive/negative zones
Example values today (Feb 17, 2026): BTC.D ≈58.85%, STABLE.C.D ≈13.27–13.34%, diff ≈45.5–45.6%.
Best on daily/weekly timeframes. Combine with TOTAL or TOTAL2 for macro context.
Open source – feel free to modify and share!
#bitcoin #stablecoins #dominance #riskmeter #crypto
[Descrizione in italiano segue qui sotto:]
Questo indicatore mostra la differenza tra Dominanza Bitcoin (CRYPTOCAP:BTC.D) e Dominanza totale Stablecoin (CRYPTOCAP:STABLE.C.D) in %.
• Valori positivi alti (es. >45%): BTC guadagna quota vs stable → risk-on, possibile altseason o flussi bullish.
• Valori in calo o negativi: stablecoin in crescita relativa → risk-off, de-risking, pressione ribassista.
Funzionalità:
- Scelta stile: Line (default), Columns o Histogram
- Colori dinamici (verde >0, rosso <0)
- Linea zero + sfondo sfumato
Valori esempio oggi (17 Feb 2026): BTC.D ≈58.85%, STABLE.C.D ≈13.27–13.34%, diff ≈45.5–45.6%.
Ideale su daily/weekly. Combinalo con TOTAL o TOTAL2.
Open source – modifica e condividi pure!
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.