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๐Ÿ†Asset Selection Tournament System [MarktQuant]

377
The Colossus Ratio Modified indicator by MarktQuant is a streamlined tool for cryptocurrency traders, designed to compare and allocate weights to nine user-defined assets. Using a proprietary strategy imported from the a library, it evaluates relative performance, assigns scores, and calculates allocation percentages for top performers. Results are shown in a simple on-chart table.


Key Features:
  • Compares nine assets against each other using an imported robust strategy.
  • Scores assets based on relative strength performance.
  • Assigns weights to assets with positive scores.
  • Displays results in a table.
  • Adds barcolors to display the speed of the trades on the chart.


Inputs:
  • Assets (1-9): Choose symbols (e.g., SOLUSD, BTCUSD).
  • Strategy Speed : Set the speed of the trend score from the strategy. (1-6, fast to slow)
  • Long & Short Thresholds: Define how fast the strategy generates signals.
  • Table Position: Pick the tableโ€™s chart location.


How to Use:
  • Input assets and adjust settings to meet your preferred style.
  • Check the table for scores and allocation weights.
  • Use weights to explore portfolio decisions.
  • Monitor barcolors for market state.


Best For:
  • Crypto traders seeking asset allocation insights.
  • Investors comparing relative strength simply.
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Table letters font update
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Script update. Removed the prefix CAPITALCOM
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Script update. Removed the prefix RAYDIUM

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