For optimal use of this tool, it is recommended to include the following Pine Script to your Trading View Account. Note that if you open this app from a mobile device, you might not see all the data, or the redirection button won't work properly. Use a laptop's web browser for the full experience.

You are ready to go 🙂. Use the search bar on the top of your screen to find your favourite coin, or apply any of the provided filters to check bullish or bearish coins.

Introduction

Introducing Equilibrium, a comprehensive trend analysis tool for the cryptocurrency long-term investor. The application combines cutting-edge technology with a well-known trading indicator (let's call it "Golden Line" ... read the full story here) to provide valuable insights on buy and sell opportunities in the ever-evolving cryptocurrency market.

The Problem

Applying an indicator on your favourite coin is straightforward and intuitive. For instance, if you like Bitcoin, you can look into this chart forever and don't bother with other assets; fair enough. But what about the rest of the market? In the crypto ocean, another coin might be soaring, with a potential of 100X. Would you forgive yourself for missing the next Matic or Dogecoin?

The Solution

Operating on weekly candle sticks, Equilibrium fetches data directly from the renowned Binance exchange for all trading pairs. Afterwards, it applies the "Golden Line" indicator allowing you to identify trends across the whole market, discover potential in new trading assets and make informed trading decisions.

Equilibrium's heart lies in its intuitive dashboard, which presents a list of analyzed trading pairs. With a glance, you can see whether a crypto coin is bullish, bearish, or in the grey zone. Furthermore, the dashboard offers essential information, such as the chart age, asset price, and volume regarding the latest week's candle close.

Note that Equilibrium is modified to present only trading pairs with a chart age over two years. This constraint was applied to assume only well-established coins, minimizing the indicator errors.