🏆Asset Selection Tournament System [MarktQuant]

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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 table’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