PROTECTED SOURCE SCRIPT
Aggiornato CVDD + Terminal Price Indicator + Z-SCORE
This custom indicator is designed to help identify major overvaluation and undervaluation zones in Bitcoin's market cycles by analyzing price behavior relative to long-term on-chain benchmarks.
It leverages two well-known valuation models — CVDD (Cumulative Value Days Destroyed) and Terminal Price — to define a dynamic valuation range that adapts over time. These reference points are combined with a custom Z-score framework to evaluate how extended price is compared to long-term value zones.
The result is a normalized oscillator that highlights extremes in market sentiment, ranging from –3 (potential deep value) to +3 (potential overheated conditions), with a gradient color scale for quick visual interpretation.
This tool is especially useful for long-term investors and macro analysts seeking signals of potential market tops and bottoms based on deep on-chain behavior — rather than short-term technicals.
It leverages two well-known valuation models — CVDD (Cumulative Value Days Destroyed) and Terminal Price — to define a dynamic valuation range that adapts over time. These reference points are combined with a custom Z-score framework to evaluate how extended price is compared to long-term value zones.
The result is a normalized oscillator that highlights extremes in market sentiment, ranging from –3 (potential deep value) to +3 (potential overheated conditions), with a gradient color scale for quick visual interpretation.
This tool is especially useful for long-term investors and macro analysts seeking signals of potential market tops and bottoms based on deep on-chain behavior — rather than short-term technicals.
Note di rilascio
This custom indicator is designed to help identify major overvaluation and undervaluation zones in Bitcoin's market cycles by analyzing price behavior relative to long-term on-chain benchmarks.It leverages two well-known valuation models — CVDD (Cumulative Value Days Destroyed) and Terminal Price — to define a dynamic valuation range that adapts over time. These reference points are combined with a custom Z-score framework to evaluate how extended price is compared to long-term value zones.
The result is a normalized oscillator that highlights extremes in market sentiment, ranging from –3 (potential deep value) to +3 (potential overheated conditions), with a gradient color scale for quick visual interpretation.
This tool is especially useful for long-term investors and macro analysts seeking signals of potential market tops and bottoms based on deep on-chain behavior — rather than short-term technicals.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
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Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.