Enhanced Tokens Indicator

How It Works

Scoring System

The indicator assigns a composite score to each token based on four key technical components. Each component contributes equally to the final score (25%), with scores ranging from -1.0 to +1.0. A token is considered to be in a long position when its total score is greater than 0, and this table shows only tokens with scores above 0.5 - representing the strongest signals.

Key Metrics

The indicator tracks several key metrics for each token:

• Score: Overall performance rating (range -1.0 to +1.0) based on four equally-weighted components
• Current Price: The token's current market price
• Flip Date: Date when the token flipped to a long position
• Sharpe RSI: RSI of the Sharpe Ratio (20-day period) - measures momentum of risk-adjusted returns
• ROC RSI: RSI of the Rate of Change (14-day ROC, 15-day RSI) - shows acceleration in price movement
• Price RSI: Traditional 14-day Relative Strength Index calculated directly on price
• Sharpe 12h: 20-period Sharpe ratio calculated on 12-hour data - provides shorter-term risk-adjusted performance

Long Position Criteria

Tokens appear in this indicator only when they are in a strong long position (score > 0.5). The scoring system evaluates four main technical components with specific rules:

1. RSI of Sharpe Ratio: Evaluated on 3 conditions - RSI > 50 (+1), RSI > SMA (+1), RSI > 70 (-1)
2. RSI of Rate of Change: Evaluated on 3 conditions - RSI > 50 (+1), RSI > SMA (+1), RSI > 80 (-1)
3. Price RSI: Evaluated on 3 conditions - RSI > 50 (+1), RSI > SMA (+1), RSI > 80 (-1)
4. 12h Sharpe Ratio: Simple evaluation - Sharpe > 0 (+1) or Sharpe < 0 (-1)

All scores are normalized to a range of -1.0 to +1.0, and the final score is the average of all four components. The system updates these metrics daily using data from both 1-day and 12-hour timeframes.

Interpretation

Highest Scores

Tokens with the highest scores are showing the strongest technical signals across multiple indicators. These tokens have the most compelling combination of momentum, trend strength, and risk-adjusted performance.

Recent Flips

Tokens that have recently flipped to a long position may represent new opportunities. The "Flipped to Long Date" column helps identify these recent shifts in momentum.

Understanding the RSI Metrics

The various RSI-based indicators provide different perspectives on momentum:

• Sharpe RSI: First calculates a 20-day Sharpe ratio (risk-adjusted returns), then applies a 14-day RSI to that Sharpe series. This highlights tokens that have consistent risk-adjusted performance while filtering out those with erratic returns.
• ROC RSI: Applies a 15-day RSI to a 14-day Rate of Change calculation. This measures the momentum of momentum - identifying tokens where price velocity is accelerating.
• Price RSI: Traditional 14-day RSI applied directly to price, showing whether a token is potentially overbought or oversold relative to its recent price action.
• Sharpe 12h: A 20-period Sharpe ratio calculated on 12-hour data rather than daily data, providing a more granular view of recent risk-adjusted performance.

Using the Data

This indicator works best when used as part of a comprehensive analysis approach:

• Trend Confirmation: Use alongside other technical indicators to confirm trends.
• Token Screening: Quickly identify tokens showing the strongest technical signals.
• Position Timing: The flip date can help determine optimal entry points.
• Risk Assessment: Sharpe-based metrics help evaluate the risk-reward profile.

FOMO Gains Tracker

The FOMO Gains Tracker displays the top 50 long tokens ranked by their technical score, along with their recent price performance across multiple timeframes. This table is designed to highlight tokens that are both technically strong (high scores) and showing significant price momentum.

Visual Indicators

• Rank Badges: Top 3 tokens get green badges (best), ranks 4-10 get yellow badges (good)
• Row Highlighting: Based on 7D performance - top performers with significant gains get gradient backgrounds
• Gain Coloring: Color-coded percentages from green (gains) to red (losses) with intensity based on magnitude
• Special Effects: Tokens with 50%+ gains get pulsing animation and fire emojis
• Emoji Indicators: 🔥 for 50%+, 🚀 for 30%+, 📈 for 20%+ gains

Key Metrics in FOMO Table

• Rank: Technical ranking based on composite score (lower rank = better score)
• Score: Same composite technical score as main table
• Days Long: Number of days since token entered long position
• Price Changes: 1D, 3D, 7D, and 14D percentage changes with visual emphasis on gains

Using the FOMO Tracker

This tracker is designed to create urgency around tokens that are both technically sound and showing strong price momentum. Look for tokens in the top 10 ranks that also show consistent gains across multiple timeframes. The visual emphasis helps quickly identify the biggest winners and potential opportunities before they become widely recognized.

Technical Details

The Enhanced Tokens Indicator is calculated using data from the top cryptocurrencies by market capitalization. The system processes both daily data (00:00 UTC timestamps) for most metrics and 12-hour data (00:00 and 12:00 UTC timestamps) specifically for the 12h Sharpe ratio calculation.

The indicator's effectiveness comes from its multi-factor approach, combining multiple timeframes (daily and 12-hour) and different types of technical indicators (momentum, risk-adjusted performance, and rate of change). This multi-dimensional analysis helps identify tokens with robust bullish signals across various metrics, reducing the chance of false positives from any single indicator.