Stablecoin Monitor Depeg and Alerts

Stablecoin Monitor (Depeg + Alerts)

This indicator monitors multiple stablecoins and shows how far each one has moved away from its $1.00 peg.

It calculates the absolute % deviation (depeg %) and classifies each coin as:
• OK
• WARN
• DANGER

A “Basket Stress” line plots the average depeg % across all selected stablecoins, giving you a quick view of overall market stability.

Two alert conditions are included:
• Stablecoin WARNING – fires when any coin exceeds the Warning threshold
• Stablecoin DANGER – fires when any coin exceeds the Danger threshold

The Idea on How to use:
1) Set your Warning and Danger % thresholds in Settings.
2) Add or remove stablecoins as needed.
3) Create alerts using the built-in alert conditions.
4) Watch the Basket Stress line for broader stablecoin pressure.

Useful for detecting early signs of depegs or broader stablecoin stress.