Crypto Index Creator (MEMES & AI Supercycle Dominance, etc)

This indicator aims to help to create any INDEX desired including but not limited to its Market Cap and Dominance on the crypto market.

This script was inspired originally by Murad's "Memecoins Dominance" but then I extended it to AI and can be extended to anything in fact, so you can create any index!

I made each token entry editable so that the script can survive the evolution of time as likely projects and INDEXES are going to change a lot, so that you can add/modify your own indices of preference if not listed by default and in order to make it future proof.

You can play with the settings, can compare to BTC, ETC, SOL, etc. for helping in your studies

You also have the option to check the info of each symbol on a table available on the settings, in order to help you figure out if there are any errors and also help you to easily check how the symbols are performing individually

Notes:
- Many projects are not like MEMECOINS that have fixed supply, normally VC projects have a very variable circulating supply, so you might want to update the info of the circulating supply for your projects to make it more accurate if you desire.
- For this script there is a limit of 32 Symbols, due to tradingview own limits, yet you can always "add" multiple projects per line as long as their circulating supply is the same.
- You might want to edit/sort the tickers of the top3, top5 and top10 if they follow bellow those top ranks, but this is not necessary if you don't care about Top 3-10 specific calculations.
- My default "indices" were made of token selections of mine as of November 2024, those defaults indices/tickers I might or might not update them eventually but you are free to adapt/modify the tickers in the settings as history evolves, and you can leave your own indexes on the comment section of this post for others to use
- As you might not be able to create/store multiple different indexes at the same time, you might want to add this indicator multiple times on your screen and then modify the tickers of each instance of this indicator, by that you can have multiple indexes.