Bitcoin Halving CountdownHello traders,
I offer you today the BTC halving countdown updated in real-time on your charts
I inspired myself greatly from the gentleman @everget's script LTC halving countdown below
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The countdown date is coming from that source www.bitcoinblockhalf.com.
The halving date is estimated to be around May 13th, 2020 .
That date is hardcoded in the script and is used for the countdown calculation.
The Bitcoin block mining reward halves every 210,000 blocks, the coin reward will decrease from 12.5 to 6.25 coins.
Enjoy the weekend
Dave
Bitcoin (Criptovaluta)
TMA - PM The TMA
About TMA
Made by Rocket and PM
Used by 180+ users as of today
Was first published on Sept 8, 2019
It had 1 iteration so far.
Shouldn't have to be updated since the logic is set.
What is the TMA for?
The market moves in cycles/ranges and as a part of your trading you should try and figure out where in the range are you. Top of the range? Mid range? Bottom of the range? From that you'll know the potential downside/upside you have and you'll play your longs/shorts accordingly. The TMA helps with figuring out where are you in the range since its premise is that every asset moves up and down but within an avg range.
Use it with other indicators such as the RocketScalper or any other long/short indicator to get rid of noise and bad signals.
Start from higher tfs to see where the asset is headed. If you're near top tma, just start playing shorts. Do the reverse @ bottom tma. Expect bounces at mid tma.
Dont buy @ top tma and dont sell @ bottom tma.
Should I use it on all timeframes and all pairs?
Yes, add it, never remove it, use it on everything.
BitMEX Liquidation LevelsThis indicator plots BitMEX liquidation levels:
- 25x
- 50x
- 100x
The indicator works as following:
The underlying assumption (as with all liquidation calculations) obviously is that traders used fixed margin or go "all in" on their cross-margin account.
You then can configure a minimum trade volume and a minimum price change in percent for a candle to start computing liquidation levels from that candle
Additionally: configure the price base for the liqudation level: Candle high or low (default) works well, but you can also set "candle close" or "median high/low"
The indicator will then plot horizontal lines on the main chart showing price levels where many positions opened at the configured "start candle" will likely get liquidated.
It works for all BitMEX contracts and while it has been optimized for BitMEX, it will work on other exchanges with the same leverage levels (25x, 50x, 100x) and maintenance margin requirements too.
This indicator uses the Smart Volume indicator to compute the volume at the "start volume candle" setting where the liquidation level starts. This indicator can be found here: Smart Volume:
RocketScalper+ Long/Short IndicatorNOTE: To use together with RocketScalper Long/Short Indicator
About the Rocketscalper+ Indicator
Derives from the RocketScalper Long/Short indicator, was worked on by PM
Used by 180+ users as of today
Was first published on Sept 10, 2019
It had 1 iteration so far.
Will be updated as needed so it keeps giving good outputs (so far no update needed).
While the RocketScalper works by merging 3 oscillators and then checking the market balance between sells and buys to give you the final output, the RocketScalper+ uses MA Crossings and adds another layer to filter than final output. It IS NOT an upgrade, use both.
Main notes about the RocketScalper+:
Wavetrend ignored
Took weight off of Godmode for the final output
Added weight to Price Oscillator for the final output
Added TakeProfit and StopLoss conditions editable for users
Turned the scalper more neutral with a slight long bias for the upcoming trend
Has several outputs on the chart that you can activate/deactivate
Long / Short Signals
Self Explanatory / It suggests you should long or short the asset.
Show Price Oscillator signals
It'll output long/short signals based on the Price Oscillator.
Show Stop/Support/Resistance warning
Not working as of now, will need to update it soon.
No Text inputs on this indicator.
Should I use it on all timeframes and all pairs?
Yes, works very well with HTF and for all pairs. As you can see above on BTCUSDT (as an example), on the 6h use it as a confirmation to get in a trade, specially if you also use the TMA.
For access, please DM us or visit the link below in our Signature.
RocketScalper Long/Short IndicatorAbout the Rocketscalper Indicator
Was initially made by Rocket, PM, Hav0c, LiteralMonkey and PrimetimeBart.
It's our most used and advanced long/short indicator script so far, with over 450 users
Was first published in December 12, 2018.
It had 3 iterations, this is the 4th.
It has been continuously updated throughout the past year and as long as the market doesn't shift completely, it'll stay updated and giving good outputs.
It works by merging 3 oscillators and then checking the market balance between sells and buys to give you the final output.
Main notes about the 4th iteration:
RSI and Moving Averages back into the filtering conditions (for a while we removed it due to signal spam or trying to make a holy grail and i think we took steps back by doing that so they're back in)
Wavetrend settings closer to neutral
Loosened conditions on Godmode
Price Oscillator Changes
Added TakeProfit and StopLoss conditions editable for users
Turned the scalper more neutral with a slight long bias for the upcoming trend
Has several outputs on the chart that you can activate/deactivate
Long / Short Signals
Self Explanatory - It suggests you should long or short the asset.
Show Price Oscillator signals
It'll output long/short signals based on the Price Oscillator.
Show Stop/Support/Resistance warning
A warning label will pop-up when the trade is going against you. It's good to use as alerts, other than that, I wouldn't read much into it.
Plot Stop/Support/Resistance levels
It'll plot resistance and support horizontal lines in case you need guidance in your stops
Use background for Highlighting
It changes the background to red/green (or a color of your choosing) when its about to output a signal.
You also have, on the inputs tab, text inputs that you can edit such as:
Price Gain for Take Profit 1 and 2
Horizontal line (If you usually get at out at positive 50 points, put 50 in here and a line will plot once you get there) - Good for alerts.
Initial Stop Loss Percentage
Amount of $ Away from entry to Move SL After TP1
Trailing Stop Loss
Should I use it on all timeframes and all pairs?
You can, if you look at the historical outputs and they are good. However, I use it mostly on XBTUSD BTCUSDT ETHUSD XAUUSD and OILUS on LTF and HTF.
For altcoins, I would suggest only looking at 4h candlesticks and above.
For access, please DM us or visit the link below in our Signature.
Bitcoin Stock to FlowModeling Bitcoin's Value With Scarcity
The Stock to Flow model for Bitcoin suggests that Bitcoin price is driven by scarcity over time.
Bitcoin is the first scarce digital object the world has ever seen. It is scarce like silver & gold, and can be sent over the internet, radio, satellite etc. Bitcoin includes a mathematical mechanism to restrict its supply over time making it more rare as time goes on. Digital Scarcity.
In 2017 BTC exceeded the market capitalization of Silver. After the next halving in 2024, Bitcoin will become the hardest asset the world has ever seen, rarer than Gold.
There is only enough Bitcoin in the world for each person to own .0023 BTC. Because of this, Bitcoin's value should continue to rise over time.
Market BuySell RatioA script using 1m small candle size (configurable) to compute the volume of buy (up) vs sell (down) candles (instead of actual market buy vs sell orders which are not available in pine script).
It then plots the buy vs sell ratio as an oscillator below the cart.
This gives traders an idea of current order flow in the market.
To compute the small candles this script uses the "Smart Volume" script which can be found here:
Bitcoin Miners RevenueHello everyone,
Bitcoin Miners Revenue Indicator :
Historical data showing (number of bitcoins mined per day + transaction fees) * market price.
Total value of coinbase block rewards and transaction fees paid to miner
Bitcoin Cost Per TransactionHello,
An indicator for Bitcoin, to have the cost per transaction, on a 10 days average.
Bitcoin Number of Transactions per dayHello everyone,
Again an indicator for Bitcoin : the Number of Transactions / day.
Total number of unique bitcoin transactions per day
Precision : 10 DAYS AVERAGE
Bitcoin DifficultyHello everyone,
An other indicator for bitcoin : the difficulty
What is difficulty?
Difficulty is a measure of how difficult it is to find a hash below a given target.
The Bitcoin network has a global block difficulty. Valid blocks must have a hash below this target.
Mining pools also have a pool-specific share difficulty setting a lower limit for shares.
Bitcoin Hash RateHello everyone,
An interesting indicator for Bitcoin : the hash rate.
What is the Hash Rate ?
The estimated number of tera hashes per second (trillions of hashes per second) the Bitcoin network is performing.
Goomba MA Cross BTC BYBITA specialised Moving Average Cross Strategy script.
After having spent hours on backtesting various settings for the classic MA cross strategy, I have identified a highly efficient combination for the slow and fast MA length.
This particular indicator is is tailored to trade B itcoin 1D on Bybit and I've simplified it by removing the option to change MA lengths.
As a reminder, the MA cross strategy produces the following signals:
- BUY when the Fast MA is crossing above the Slow MA
- SELL when the Fast MA is crossing below the Slow MA
Bitcoin Circulating Supply Overlay [BigBitsIO]This script shows the estimated circulating supply of Bitcoin on any given day.
Features:
- Estimated Bitcoin circulating supply calculated daily
- Uses the Bitcoin reward schedule, past halving dates, and the next upcoming halving estimated date to calculate the current estimated supply.
- Optionally includes an option to use "Log Reduction" on the chart
*** DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB. ***
Mcote's Macro TrendThis identifies the macro trend.
The standard settings are for BTC (Bitmex) 2hour chart using settings 0, -2 and 4.
Other Settings: BTC (Bitmex) 4 hour chart using settings 0, 0 and 0.
You can find some profitable settings for lower timeframes too like BTC 15m -2, 8 and 8. This gives approx 23.5% profit and 4.6% DD for the past 4 weeks.
Have a play around with your own settings and let me know how you get on with the profits and other markets.
It also works in the Forex Market, for example on GBP/USD 4 hour chart it is quite easy to find settings that achieve 1300 pips over the year with 69% win ratio.
Extreme VolumeThis indicator colors volume bars that are significantly higher volume than the vol moving average ( SMA ). Utilizes two multiplier that can be adjusted by user. Defaults are that the indicator colors volume bars yellow if 20% higher than average, and orange if over 50% higher than average.
Reason why i created this indicator is i typically don't care about volume unless it is significantly higher than average. I find extreme volume useful for confirmation of a breakout, etc. This is why the rest of the volume bars are gray, they are still available for reference, but I dont pay much attention until volume is higher than average.
Also, when you load this indicator it will be in its own pane below the chart. To try and figure out how to add it to same pane as the chart was a huge pain in the ass. Once you figure it out it is pretty easy. I'll try to explain below...
Next to the indicator name you have the following options ... Hide, Settings, Show Source Code{}, Delete(X), and More (3 dots)
1) Click on "More" (3 dots)
2) Click on "Move To" then chose "Existing Pane Above"
3) Volume will likely be too large. Volume scale should be on left side, use your mouse to adjust volume smaller
4) Volume will likely be in the middle of your chart, click on it and drag it down.
Deribit Contango Calculator v3Same as XBT Contango Calc V3, however built specifically for Deribit Futures . See link to XBT Contango Calc V3 for full description.
Above is capture of how this indicator performed on December Futures Contract BTC27Z19, since I assume I will loose this as the main chart when I update to June contract
Current (Dec. 2019) futures contracts are as follows:
Blue = BTC26M20
Orange = BTC27H20
XBT Contango Calculator v3Since creating the first version of the XBT Contango Calculator, I found that the first version is good a calculating contango and backwardation in real time, however does not do a good job of capturing historical data of brief moves. Since backwardation moves are often brief, and since the first version Contango Calc was based on candlestick closes, it did not do a good job of recording the move after it occurred.
It took me a couple versions to try and fix this an eventually settled on version 3 which I have been using on my own for the last few months. You can see in the comparison chart above it does a much better job of capturing backwardation moves and extreme contango. Below is a comparison of how it performed vs. Version 1 during December futures XBTZ19
In addition I have added high/low lines that can be used to understand the amount that futures premium/discount has moved in a specific time frame. For example, the big drop Bitcoin had on September 24th, XBTZ19 went from +$273 contango to -$247 backwardation = $520 move! This move was in addition to the spot price move which was almost -$1,700 from high to low and -$1,100 from open to close. See below:
The high/low lines can also be removed from the chart by unchecking a box in the input tab.
The last update is the ability to lock the spot price to be XBT (index) no matter what chart you pull up. This can be useful if evaluation XBT futures correlation to other bitcoin derivatives such as GBTC or CME futures. You can also disable this feature in the input tab, which will then just calculate based on the current chart you are viewing.
Current Contracts (December 2019)
Blue = XBTM20
Orange = XBTH20
Live Mini Terminal 7 : Major Cryptocurrencies Change DataThis script displays relative data changes occurring in the adjustable period and/or adaptive automatic period in U.S Dollar based Major Cryptocurrencies.
This script was inspired by the data terminals used by commercial traders.
Period selection can be set in the menu.
This script uses the adaptive period algorithm used by Autonomous LSTM and Relativity scripts.
Or you can set the period manually from the menu.
For more information about adaptive period:
This script works only for 1 day (1D) and 1 week (1W) time frames.
Since usage of Blockchain Data, the most efficient time frame is 1 week (1W) .
Features
Value changes on a percentage basis (%)
The Info Panel contains percentage-based blockchain data changes.
CRYPTOCURRENCIES
BTC : Bitcoin
ETH : Ethereum
XRP : Ripple
BCH : Bitcoin Cash
LTC : Litecoin
EOS : EOS
BNB : Binance Coin
XLM : Stellar
TRX : Tron
XTZ : Tezos
ADA : Cardano
INFO PANEL
Average Blockchain Size change data
API Blockchain Size change data
Miners Revenue change data
Hash Rate change data
Bitcoin Cost Per Transaction change data
Bitcoin Transaction Volume change data
Bitcoin Total Number of Transactions change data
USAGE
The script can be used as an indicator by putting it under the chart as shown above.
It is necessary to enlarge to see clearly.
Since it is not often looked at,
such use is the best method for healthy interpretation.
Best regards.
Ace Pro GODSPEED Time Based Support Resistance Calculator [FREE]The Ace Pro GODSPEED Time Based Support Resistance Calculator has two functions.
Please note that this indicator is COMPLETELY CUSTOMIZABLE - TRADERS CAN INPUT THEIR OWN VALUES TO CALCULATE S/R.
Function 1: It marks intervals of time on the daily time-frame with vertical lines as specified by the user
Function 2: It can mark support and resistances with horizontal lines as defined by a set of candles for a specified time interval
Function 1 Explanation:
To mark the intervals on the daily time-frame, traders should utilize the following options:
Start Year
Start Month
Start Date
Days Frequency
Traders can select the start date and duration of each interval. The indicator will automatically mark these intervals on the daily chart with a vertical line.
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Function 2 Explanation:
To mark support and resistances, traders should utilize the following options
Low Time Frame
Low Time Frame Value
High Time Frame Value
Low Time Frame = Specify the time frame on which you would like to VIEW the S/R lines
Low Time Frame Value = Select the value of the candle to take into account. For example, if you want the indicator to calculate using 5-minute candles, specify “5” as the input value. However if you want the indicator to calculate using 10-minute candles, specify “10” as the input value.
High Time Frame Value = Specify the total duration you would like S/R values calculated for before the indicator resets its calculation. For example, if you want each calculation to reset after 180 minutes, use the input value of “180”. However, if you want each calculation to reset after 90 minutes, use the input value of “90”.
IMPORTANT NOTICE: SOME EXCHANGES (CRYPTOCURRENCY) ARE MISSING DATA FOR CERTAIN DATES/PERIODS. THIS MAY AFFECT YOUR CALCULATION. THIS IS ESPECIALLY TRUE ON HIGHER TIME-FRAMES (SUCH AS THE DAILY). PLEASE DO KEEP THIS IN MIND.
Bitcoin Energy Value OscillatorBitcoin Energy Value as an oscillator against price.
Calculated as: (Bitcoin Price / Bitcoin Energy Value - 1) * 100