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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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作者の指示
This script is invite-only. Think you deserve access to this indicator? Feel free to contact me.
@JeffreyTimmermans
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
招待専用スクリプト
こちらのスクリプトにアクセスできるのは投稿者が承認したユーザーだけです。投稿者にリクエストして使用許可を得る必要があります。通常の場合、支払い後に許可されます。詳細については、以下、作者の指示をお読みになるか、JeffreyTimmermansに直接ご連絡ください。
スクリプトの機能を理解し、その作者を全面的に信頼しているのでなければ、お金を支払ってまでそのスクリプトを利用することをTradingViewとしては「非推奨」としています。コミュニティスクリプトの中で、その代わりとなる無料かつオープンソースのスクリプトを見つけられる可能性もあります。
作者の指示
This script is invite-only. Think you deserve access to this indicator? Feel free to contact me.
@JeffreyTimmermans
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。