Master LTCBTC Network Value Model
Please apply on an LTCBTC chart. Use Black Background to view.
This also includes an average of the 6 network metrics and is colored white with a slightly large line width.
New Addresses
Total Addresses
Active Addresses
Total Volume USD
Transaction Count
# of Retail
The Master Litecoin Network Value Model Best script, developed by masterbtcltc, is a comprehensive tool that evaluates Litecoin's intrinsic value relative to Bitcoin. By analyzing on-chain and market data, this indicator provides valuable insights into network activity, adoption, and valuation for the LTCBTC trading pair.
Key Features
Network Metrics
NewAddressValueModel: Tracks the ratio of new Litecoin addresses to Bitcoin addresses.
TotalAddressValueModel: Compares total addresses between the two networks.
Transaction & Volume Analysis
TXValueModel: Tracks transaction activity ratios.
VolumeValueModel & VolumeUSDValueModel: Compare transaction volumes in native units and USD.
Adoption Metrics
ActiveValueModel: Measures active address ratios.
RetailValueModel: Indicates retail adoption strength in Litecoin.
Blockchain Data
BlockValueModel: Compares total block sizes.
NonZeroModel: Evaluates addresses with non-zero balances.
HodlerModel: Examines long-term holder ratios.
Averaged Insights
AverageValueModel: Aggregates all metrics for a comprehensive network valuation view.
MultipleLTC: Highlights Litecoin’s potential relative to its market price.
Visual Design
Blue Theme: Network value metrics are plotted in blue (line thickness 4, 25% transparency).
Price Plot: Litecoin’s price is displayed in yellow (line thickness 2, no transparency) for clear differentiation.
Usage Instructions
This indicator is designed for use with the LTCBTC pair.
Plot it on VANTAGE:LTCUSD/INDEX:BTCUSD to ensure proper alignment with the data sources and optimal performance.
Use Cases
This script is ideal for:
Identifying trends in the LTCBTC market.
Detecting periods of undervaluation or overvaluation.
Gaining insights into Litecoin’s network fundamentals relative to Bitcoin.
Disclaimer
This open-source script is for educational purposes only and does not constitute financial advice. Explore, modify, and share it to deepen your understanding of Litecoin's valuation dynamics!
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.
Declinazione di responsabilità
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.