A comprehensive multi-asset relative strength analysis tool that visulaises the performance of sets of 40+ USDT-based crypto pairs using a custom multi-factor ranking system. This script evaluates and visualizes each asset's relative strength score based on a combination of:
📈 Sharpe Ratio – reward vs. volatility
📉 Sortino Ratio – reward vs. downside risk
📊 Omega Ratio – ratio of positive to negative returns
These metrics are calculated over a short-term lookback period (default: 5 bars) to capture recent momentum.
📈 Sharpe Ratio – reward vs. volatility
📉 Sortino Ratio – reward vs. downside risk
📊 Omega Ratio – ratio of positive to negative returns
These metrics are calculated over a short-term lookback period (default: 5 bars) to capture recent momentum.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.