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MTPI OTHERS.D | JeffreyTimmermans

Medium-Term Trend Probability Indicator
The "Medium-Term Trend Probability Indicator" on OTHERS.D is a custom-built model designed to measure the medium-term trend strength of the entire crypto market excluding the Top 10 assets. By focusing on the performance of smaller-cap and emerging cryptocurrencies, this indicator offers a refined view of risk appetite and capital rotation beyond the major players like BTC, ETH, and other top coins.
OTHERS.D (Total Crypto Market Cap Dominance excluding the Top 10) serves as a proxy for altcoin speculation cycles, market breadth, and rotational momentum. The MTPI leverages this by applying 8 carefully selected trend-following indicators to generate a composite probability score that reflects the directional bias of the broader altcoin market.
Key Features
Mid-Term Trend Orientation:
8 Input Signals:
Market Regime Detection:
The MTPI identifies three distinct market states:
Background Coloring:
Trend Dashboard:
A dashboard displays:
How It Works
Trend Signal Evaluation:
Each of the 8 inputs outputs a discrete signal:
Composite Score Calculation:
The MTPI score is computed as the average of the 8 inputs:
This produces a normalized score from -1 to +1, helping quantify trend confidence and detect early shifts in momentum.
Color-Coded Background:
The score automatically drives the background color:
Use Cases
Altcoin Rotation Tracking:
Medium-Term Positioning:
Multi-Timeframe Confirmation:
Dynamic Alerts:
These alerts help you react quickly to regime shifts in the altcoin market outside the top 10.
Conclusion
The MTPI – OTHERS.D is a focused, probability-based trend tool built for analyzing the non-top-10 segment of the crypto market. By merging 8 independent trend signals into a single composite score and regime model, it provides a clear lens into where capital is flowing and how smaller-cap crypto assets are behaving. An essential tool for anyone active in altcoin trading, rotational strategies, or full-spectrum crypto market analysis.
The "Medium-Term Trend Probability Indicator" on OTHERS.D is a custom-built model designed to measure the medium-term trend strength of the entire crypto market excluding the Top 10 assets. By focusing on the performance of smaller-cap and emerging cryptocurrencies, this indicator offers a refined view of risk appetite and capital rotation beyond the major players like BTC, ETH, and other top coins.
OTHERS.D (Total Crypto Market Cap Dominance excluding the Top 10) serves as a proxy for altcoin speculation cycles, market breadth, and rotational momentum. The MTPI leverages this by applying 8 carefully selected trend-following indicators to generate a composite probability score that reflects the directional bias of the broader altcoin market.
Key Features
Mid-Term Trend Orientation:
- The MTPI focuses on multi-week to multi-month trend phases, filtering out short-term volatility while responding faster than long-term macro models.
8 Input Signals:
- Built using 8 trend-following indicators, each measuring trend strength, direction, and persistence within the "OTHERS" segment.
Market Regime Detection:
The MTPI identifies three distinct market states:
- Bullish → Clear upward trend in the altcoin market (excluding top 10)
- Bearish → Persistent downward movement or weakness in the broader altcoin segment
- Neutral → Choppy or indecisive behavior
Background Coloring:
- The background dynamically adapts based on the current regime, making it easy to visually identify dominant conditions.
Trend Dashboard:
A dashboard displays:
- The current state of all 8 trend signals
- The overall MTPI score
- The interpreted market regime
How It Works
Trend Signal Evaluation:
Each of the 8 inputs outputs a discrete signal:
- +1 → Bullish
- -1 → Bearish
- 0 → Neutral
Composite Score Calculation:
The MTPI score is computed as the average of the 8 inputs:
- Score > +0.1 → Bullish regime
- Score < -0.1 → Bearish regime
- Between -0.1 and +0.1 → Neutral regime
This produces a normalized score from -1 to +1, helping quantify trend confidence and detect early shifts in momentum.
Color-Coded Background:
The score automatically drives the background color:
- Green tones for bullish phases
- Red tones for bearish phases
- Gray/orange tones for sideways conditions
Use Cases
Altcoin Rotation Tracking:
- Use MTPI – OTHERS.D to monitor when capital is rotating into or out of smaller-cap cryptocurrencies — a key signal for risk-on or risk-off sentiment.
Medium-Term Positioning:
- Perfect for swing traders or trend followers looking to align positions with the dominant trend in the non-top-10 market segment.
Multi-Timeframe Confirmation:
- Combine MTPI with other tools like STPI (Short-Term) or LTPI (Long-Term) for enhanced decision-making and better timing across timeframes.
Dynamic Alerts:
- Bullish Entry: MTPI score crosses above +0.1
- Bearish Entry: MTPI score crosses below -0.1
- Neutral Zone: MTPI score moves between -0.1 and +0.1
These alerts help you react quickly to regime shifts in the altcoin market outside the top 10.
Conclusion
The MTPI – OTHERS.D is a focused, probability-based trend tool built for analyzing the non-top-10 segment of the crypto market. By merging 8 independent trend signals into a single composite score and regime model, it provides a clear lens into where capital is flowing and how smaller-cap crypto assets are behaving. An essential tool for anyone active in altcoin trading, rotational strategies, or full-spectrum crypto market analysis.
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작성자 지시 사항
This script is invite-only. Think you deserve access to this indicator? Feel free to contact me.
@JeffreyTimmermans
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
초대 전용 스크립트
이 스크립트는 작성자가 승인한 사용자만 접근할 수 있습니다. 사용하려면 요청을 보내고 승인을 받아야 합니다. 일반적으로 결제 후에 승인이 이루어집니다. 자세한 내용은 아래 작성자의 지침을 따르거나 JeffreyTimmermans에게 직접 문의하세요.
트레이딩뷰는 스크립트 작성자를 완전히 신뢰하고 스크립트 작동 방식을 이해하지 않는 한 스크립트 비용을 지불하거나 사용하지 않는 것을 권장하지 않습니다. 무료 오픈소스 대체 스크립트는 커뮤니티 스크립트에서 찾을 수 있습니다.
작성자 지시 사항
This script is invite-only. Think you deserve access to this indicator? Feel free to contact me.
@JeffreyTimmermans
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.