BTC vs US2000 – Ratio & Spread (BarDai v6 CLEAN)

📌 How the Indicator Works

BTC vs US2000 — Ratio & Spread

The indicator shows:
who is stronger right now — crypto-risk (BTC) or equity-risk (US2000 / Russell-2000)

📈 Top Panel — RATIO + Risk Regime Signals
🎯 Ratio (cyan line)

Measures BTC’s relative strength versus US2000:

📈 Ratio rising → BTC outperforming → Risk-ON environment

📉 Ratio falling → BTC underperforming → Risk-OFF environment

📉 EMA (white line)

A smoothed benchmark.

➡ Key signal — when Ratio crosses the EMA
That marks a shift in the risk regime.

🟩🟥 Background Coloring (Risk Mode)
Condition Regime Meaning Trading Logic
Ratio above EMA 🟩 Risk-ON Capital flows into risk assets Favor BTC longs
Ratio below EMA 🟥 Risk-OFF Capital flows out of risk Prefer shorts / hedge / cash
🧭 SpreadNorm — Bottom Panel

🎯 SpreadNorm shows how strong the deviation is:

🟩 Above 0 → BTC risk premium

🟥 Below 0 → Equity-side risk premium (US2000 stronger)

It helps to:

✔ confirm regime signals
✔ filter false crossovers
✔ measure strength of risk move

(Yellow dots mark extreme deviations → mean-reversion potential)

📌 Trading Usage Guide
Scenario Interpretation Action
Ratio above EMA + SpreadNorm green Stable Risk-ON Look for BTC long entries
Ratio below EMA + SpreadNorm red Stable Risk-OFF Avoid aggressive longs
SpreadNorm extreme + yellow dot Reversal potential Take profit / wait for crossover

📌 Best used on 30–60m timeframes for intraday decision making.

🎁 Final Takeaway

The indicator tracks where risk-capital is flowing.
If BTC outperforms equities → we buy BTC.
If BTC underperforms → we don’t buy (or short it).