CRUX-3 Macro Regime Index

"CRUX-3 Macro Regime Index"
Description:
CRUX-3 Macro Regime Index is a higher-timeframe macro indicator designed to evaluate how crypto markets are performing relative to traditional equities. It compares Bitcoin, Ethereum, and the broader altcoin market (TOTAL3) against the S&P 500 using Z-score normalization to highlight periods of relative outperformance or underperformance.

The indicator incorporates liquidity-based regime detection using Bitcoin dominance and stablecoin dominance to classify market environments as Risk-On, BTC-Led, or Risk-Off. Background shading visually highlights these regimes, helping users identify broader macro conditions rather than short-term trade signals.

CRUX-3 is intended for macro context, regime awareness, and allocation bias decisions, not for precise trade entries or timing.

How to Use:

Weekly timeframe recommended for best results
Rising Z-scores indicate crypto outperforming equities
ETH/SPX typically acts as an early rotation signal
TOTAL3/SPX confirms broader altcoin participation
Regime shading reflects liquidity conditions, not price forecasts

Regime Definitions:

Risk-On: BTC dominance and stablecoin dominance declining
BTC-Led: BTC dominance strong while stablecoin dominance eases
Risk-Off: BTC dominance and stablecoin dominance rising

Notes:
Forward regime bands are statistical reference guides based on historical behavior
This indicator does not predict future prices or market direction
Best used alongside price charts and other macro tools

Disclaimer:
This indicator is for educational and informational purposes only. It does not constitute financial advice, investment advice, or trading recommendations.

Recommended Settings:
Timeframe: Weekly (1W)
Z-Score Lookback: 52
Forward Regime Bands: Enabled