- Posted by kovachte
- Altcoins, Bitcoin, Commodities, Crypto Currencies, Equities, Forex, Futures, Stocks, Trading
- 0 Comments
Introduction to the Quantguy Indicators!
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Commodities
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Kovach Altcoin Index
This index is a weighted average of the top 5 altcoins by market capitalization.
Since this changes often, the index is updated weekly. You can think of it as the S&P 500, but for altcoins.
Itʼs extremely useful to get & feel for the flow of funds between bitcoin and the other altcoins.
Kovach Crypto Spread
With the Kovach Crypto Spread, we can visualize the returns on Bitcoin vs the top altcoins by market capitalization. Since the market capitalization changes frequently, this indicator is updated weekly.
If the indicator is in positive, bitcoin is providing better returns than the altcoins.
If the indicator is negative, the converse is true.
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