Crypto Crowding Model

This indicator offers a comprehensive analysis of market dynamics by utilizing the Relative Strength Index (RSI) and Z-score calculations across a wide array of cryptocurrencies. It is structured to assess market sentiment, identify overbought or oversold conditions, and detect potential trends based on the statistical significance of price movements.

Key Features:

• RSI Length and Z-score Lookback: Users can adjust the RSI length and the lookback period for Z-score calculations, allowing for customization based on their trading strategy.
  

• Asset Selection: Provides the flexibility to choose among major cryptocurrencies and an array of additional assets, enabling users to focus on specific segments of the crypto market.
  

• Market Overview: The inclusion of TOTAL, BTC, ETH, and OTHERS checkboxes allows users to toggle the visibility of these major market indicators, offering a broad or focused market analysis.
  

• Large Cap and Other Coins: Separate options to display large-cap coins (with a market cap of 99B or more) and other coins, catering to varied investment interests and strategies.
  

• Visual Representation: Utilizes scatter plots to visually represent the RSI and Z-score data, making it easier to interpret the market's statistical behavior.