Saylor to Schiff RatioI'm reposting the Saylor to Schiff Ratio indicator that was originally developed by Michael Silva
This indicator may be used to predict key momentum shifts in the price of Bitcoin
I've set up this indicator for it to be used on the weekly timeframe as was intended.
The indicator plots in any BTCUSD spot, futures , BLX index and BTCEUR .
It paints in all time frames, but Weekly time frame is the correct one to interpret the 'official' read of it.
For that reason, I've enabled by default an option that forces the indicator to display on the Weekly value even though the time frame could be higher or lower.
Credit for this idea goes to Michael Silva: @mikepsilva
BTC-M
BTC Cap Dominance RSIBTC Cap Dominance RSI indicator is a combination of the RSI of Bitcoin Market Cap and the RSI of Bitcoin Dominance. The concept of this indicator is to get a good grasp of the bitcoin market flow by combining bitcoin dominance as well as bitcoin market cap.
BTC Cap Dominance (BCD) RSI is defined as:
BCD RSI = (BTC Cap RSI + BTC Dominance RSI) / 2
Case 1 (Bull market):
Both Cap RSI and Dominance RSI values are high
Case 2 (Neutral market):
Cap RSI is high but Dominance RSI is low
Cap RSI is low but Dominance RSI is high
Case 3 (Bear market):
Both Cap RSI and Dominance RSI values are low
(Note) Please note that the market capitalization symbols (CRYPTOCAP:TOTAL and CRYPTOCAP:TOTAL2) of TradingView started in January 2020, so you can check the indicator value from this point on.
Neowave chart cash dataScript Cash is a neo-analytic style data. Add to use on the chart and then hide the candlesticks and enjoy the cash data.
The daily data cache is set normally. To change the settings, be sure to change the D indicator to W for weekly and M for monthly.
Also enter the number of minutes to use in the hourly time frame, for example four hours (240)
...
When you change the data cache settings in the settings, you must follow the rule of one fortieth of the Neowave style and move the time frame chart to forty to analyze it, for example, for a daily time frame go to 30 minutes.
I hope it is used.
Bitcoin Golden Bottom Oscillator (MZ BTC Oscillator)This indicator uses Elliot Wave Oscillator Methodology applied on "BTC Golden Bottom with Adaptive Moving Average" and Relative Strength Index of Resulted EVO to form an Oscillator to detect trend health in Bitcoin price. Ticker is set to "INDEX : BTCUSD" on 1D timeframe.
Methodology
Oscillator uses Adaptive Moving Average with 1 year of length, Minor length of 50 and Major length of 100 to mark AMA as Golden Bottom.
Percentage Elliot Wave Oscillator is calculated between BTC price and AMA.
Relative Strength Index of EVO is calculated to detect trend strength and divergence detection.
Hull Moving Average of resulted RSI is used to smoothen the Oscillator.
Oscillator is hard coded to 'INDEX:BTCUSD' ticker on 1d so it can be used on any other chart and on any other timeframe.
Color Schemes
Bright Red background color indicates that price has left top Fib multiple ATR band and possibly go for top.
Light Red background color indicates that price has left 2nd top Fib multiple ATR band and possibly go for local top.
Lime background color indicates that price has entered lowest band indicating local bottom.
Bright Green background color indicates that price is approximately resting on Golden Bottom i.e. AMA.
Oscillator color is set to gradient for easy directional adaption.
BTC Golden Bottom with Adaptive Moving Average
BTC 1D Safety tradeImportant: use only the BTC/USD pair on the 1D timeframe
The indicator is designed to determine the zones for entry to buy or sell, as well as for closing deals.
The indicator is based on a moving average with a period of 12.
The parameters are not changeable, since the optimal settings (Safety trade) were used for the BTC/USD pair on the 1D timeframe.
The code is open, please change it according to your parameters.
Upper zones for closing long or opening short.
Lower zones for opening long or closing short.
BTC Price OverlayThis is not a crazy strategy like most of the code I write. It's a simple overlay so you can drop BTC on top of whatever chart you are watching. It will track BTC's price on Binance.us (though the exchange is changeable with a few lines of code, maybe I will make it a dropdown on the next iteration of this.)
It uses TradingView's scale function to show both assets on a relative chart. BTC's price is on the left and your asset is on the right.
I've made this available for free because it is quick and easy. I plan to write a bot based around this code and that one will be private.
Bitmex BTC Perpetual Premium and FundingThis script tracks the premium (default red line) and the funding rate (default yellow area) of the Bitmex XBTUSD pair perpetual contract.
The calculations are based on the 8H TWAP of interest rates and premium index from Bitmex.
CRC.i Bollinger Bands ®This script is yet another variant of the famous Bollinger Bands® TA tool used to track price volatility as it deviates from the mean of a security using standard deviations (positive &negative). Built for my own personal preferences. But perhaps you might like it, too.
Includes
+ Chart Lines: price, upper and lower bands
+ User Options: SMA length, stdev value
+ Heads up Display (HUD) with TARGET's and other related stats
Bugs? Comments? Requests? Ping me @calmrat
ROC vs BTCThis is a modification of my Rate of Change Percentile script, used to compare the current ticker (e.g. Altcoins) to BTC.
Essentially we are looking at (Current Ticker ROC percentile) vs (Bitcoin ROC percentile).
In other words, we are using the ROC value of both the current ticker and BTC, and ranking each based on their previous ROC.
We compare the rankings to gauge the relative overperformance or underperformance of the current ticker vs BTC.
The blue line is BTC, the columns are the current ticker.
Green columns above the blue line indicate positive ROC and current ticker has higher ROC ranking than BTC.
Red columns below the blue line indicate negative ROC and current ticker has a higher ROC ranking than BTC.
*** PLEASE LEAVE A LIKE AND FOLLOW IF YOU ENJOY THE SCRIPT ***
Any questions, comments or feedback I'd love to hear from you below!
[VIP] Composite BTC Funding Rate APR
Calculates and displays a BTC funding rate (positive or negative) in terms of APR. Positive APR = Positive funding. Negative APR = Negative funding
This calculation is sourced from a variety of spot and perpetual markets on a couple of top-volume exchanges, Binance, FTX, etc.
This logic is utilized in Dip Hunter and Take Profit Hunter
Code is open source! All feedback and improvements encouraged
BTC Puell Multiple with alert functionThe Puell Multiple examines the fundamentals of mining profitability and the way they shape market cycles. It is calculated by taking a ratio of daily coin issuance (in USD) and the 365 moving average of daily coin issuance (in USD).
Interpretation of the Puell Multiple can generally be considered in the following framework:
high values indicate that current miner profitability if high compared to the yearly average. As such, the incentive for miners to liquidate their treasuries is high and greater sell pressure may be expected.
Low values indicate that current miner profitability is low compared to the yearly average. As such, income stress may become a factor, and some miners may need to start reducing hash-power by switching off rigs. This increases the hash-share of remaining miners who can then sell fewer coins to cover their operations, reducing their impact on liquid supply.
Halving events will drop the current coin issuance by 50% relative to the preceding year creating an immediate halving of the Puell Multiple also. The effect on miner profitability will thus be as per the point on low values above.
Keltner Channels BandsKeltner Channel Bands
Great indicator for mean reversion strategies.
Alerts you can set:
Crossover EMA
Crossunder EMA
Crossover upper band
Crossunder upper band
Crossover lower band
Crossunder lower band
Have fun!
Anchored BTCIntroduce
When looking at altcoins and bitcoins together and seeing coupling and decoupling, we add a bitcoin chart in the "Compare" tab.
We checked where the coupling occurs in "Auto" mode, but if we move the chart, the overlapped position will change.
So I created the “Anchored BTC” indicator, which made the Bitcoin chart immovable.
How to use
First, add a bitcoin chart in the "Compare" tab and compare it with the altcoin chart.
And add the "Correlation Coefficient" built-in indicator to find the part where the correlation coefficient is 0.8 or higher.(it means finding well coupled part)
Among them, set the swing high or swing low part to Time1 and Time2.
Check if it looks the same as the existing BTC chart and you are done.
소개
알트코인과 비트코인을 함께 보며 커플링과 디커플링을 볼 때 우리는 비교 탭에서 비트코인 차트를 추가하여 봅니다.
"오토" 모드로 어느 부분에서 커플링이 일어나는지 체크했는데 차트를 옮기면 겹쳐놓아졌던 위치가 달라지게됩니다.
그래서 "Anchored BTC" 지표를 만들어, 비트코인 차트가 움직이지 못하게 만들었습니다.
사용법
우선 비교탭에서 비트코인차트를 추가하여 알트코인 차트와 비교해봅니다.
그리고 "상관계수" 빌트인 지표를 추가하여 상관계수가 0.8이상인 부분을 찾습니다.(커플링한 부분을 찾는겁니다)
이 중에서 스윙하이나 스윙로우인 부분을 Time1, Time2로 맞춰줍니다.
기존의 BTC차트와 동일하게 보여지는지 확인하면 끝납니다.
BTC Risk Metric - Estimates the risk of BTC price versus the USD
- To be used on the daily timeframe
- Works best on a BTC pair that has a lot of bars, e.g. The Bitcoin All Time History Index
- 0 is the lowest risk, 1 is the highest risk
- Historically, buying when the risk was low and selling when the risk was high would have yielded good ROI
- The risk bands are 0.1 in width and are highlighted on the plot
Typical Strategy:
- weighted DCA into the market when risk <0.5, do nothing between 0.5-0.6 and weighted DCA out of the market when risk >0.6
- x = buy amount per DCA interval
- y = 1/10th total BTC held by the user
- if 0 ≤ Risk < 0.1 then buy 5x
- if 0.1 ≤ Risk < 0.2 then buy 4x
- if 0.2 ≤ Risk < 0.3 then buy 3x
- if 0.3 ≤ Risk < 0.4 then buy 2x
- if 0.4 ≤ Risk < 0.5 then buy x
- if 0.5 ≤ Risk < 0.6 then do nothing
- if 0.6 ≤ Risk < 0.7 then sell y
- if 0.7 ≤ Risk < 0.8 then sell 2y
- if 0.8 ≤ Risk < 0.9 then sell 3y
- if 0.9 ≤ Risk ≤ 1.0 then sell 4y
Double candlestick reversal patternDouble candlestick reversal pattern
It can only be used as a reference for price behavior, and cannot be used alone. It must be combined with other indicators, otherwise it is useless
This indicator does not constitute any investment advice, you are solely responsible for your profits and losses
ICHIMOKU Crypto Swing AlertThis is a crypto swing alert for the strategy with the same name designed for timeframes bigger than 1h.
The main components are
ICHOMOKU
KDJ
Average High
Average Low
Rules for entry
For long: we have the ichimoku crosses between tenkan and baselines, we have a rising kdj line and at the same time we have a increase in the average high
For short: we have the ichimoku crosses between tenkan and baselines, we have a falling kdj line and at the same time we have an increase in the average low
Rules for exit
We exit when we have inverse conditions than the initial ones used for entry.
Caution
This strategy does not use a risk management, so be careful with it !
If you have any questions let me know !
SSR - Stablecoin Supply Ratio - Bitcoin - CryptocurrencyThe Stablecoin Supply Ratio (SSR) is the ratio between Bitcoin supply and the supply of stablecoins, denominated in BTC.
When the SSR is low, the current stablecoin supply has more "buying power" to purchase BTC. It serves as a proxy for the supply/demand mechanics between BTC and USD.
BTC Dominance TrendThis simple script applies the DMI/ADX (trend) indicator to the Bitcoin Dominance Index (BTC.D) to check whether BTC is increasing its dominance or not on that day. It is meant to be applied to altcoins on medium intervals. I put it together to test the following hypothesis: On days when BTC dominance is on the rise, altcoins are harder to take off, because Bitcoin is draining the lifeblood out of them, so caution is needed when opening trades.
Olive background means BTC dominance is rising on that day, purple that it is decreasing. White background means it is not moving significantly in any direction.
You can change the resolution (i.e. apply the DMI/ADX to a different BTC.D interval), just make sure to lower the threshold as well. I hope you find a good use for it! Beware if you try to incorporate it in your strategy, it uses higher timeframe data and hence is prone to repainting.
[DS]Bitcoin BTC ETH and others cryptos==DESCRIPTION - English version
The purpose of this script is to show information on graph that can help your decision to buy and sell cryptos.
The script is indicated for Position Trade (Long Term - Holder) and Swing Trade (Medium term).
Position Trade it is recommended to use the Weekly (W) and Daily (D) charts, Swing trade to use the 4H and 2H charts.
It is not advisable to use this indicator with graphic time frame less than 2 hours because the noise levels of information are very high.
An alert function has been inserted in the indicator and to activate this function you will need configure it in the Tradingview.
This alert will indicate the likely points of entry and exit of the asset.
**DESCRIÇÃO - Versão em Português
A proposta deste script é mostrar no gráfico informações que possam auxiliar a sua decisão de compra e venda de cryptos.
Este script é indicado para negociação Position Trade (Longo Prazo - Holders) e Swing Trade (Médio prazo).
Para Position Trade (Holders) é indicado utilizar os gráficos Semanal (W) e Diário (D), para Swing trade utilizar os gráficos 4H e 2H.
Não é aconselhável utilizar este indicador com tempos gráficos menores que 2hs pois os níveis de ruídos nas informação são muito altos.
Foi inserido no indicador uma função de alerta e para ativar esta função, você precisará configurá-la no seu Tradingview.
Este alerta irá indicar os provaveis pontos de entrada e saída do ativo.
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** English Version
====================================================================================================
█ SETUP applied to Indicator
The setup is based on the average 8, 21 and 56 of the weekly chart (taught on youtube channel: Augusto Backes)
Price above the average 8 on the weekly, indicates that the market is UP trend, below the average 8 on the weekly that the market is DOWN trend
RSI greater than 60% the market is UP trend
RSI greater than 40% and lower 60% the market is in ACCUMULATION
RSI less than 40% the market DOWN trend
The weekly average 8 is represented in GREEN (Upward Trend) and RED (Downward Trend).
The weekly average 21 is represented in LIGHT ORANGE
The weekly average 56 is represented in LIGHT PURPLE
The crossing of weekly averages 8 and 21 is represented with a GREEN (HIGH trend) and RED (LOW trend) cross - this signal is disabled on the graph but you can enable it by clicking on the graph setup
█ FUNCTION USE
(1) Average 8, 21 and 56 on Weekly - show the average 8, 21, 56 weekly on graphic (Average 8 in color red and green, 21 - light orange, 56 light purple)
(2) Crossing of averages 8 and 21 Weekly - is not active but you can activate
(3) Calculation of RSI
(4) barcolor() - mark the candles with the green color (High market) and red color (Dow market)
(5) alertcondition() - you can active this alert on Tadingview
█ BUY AND SELL POINTS - likely points
The indication of the BUY position is shown by a green arrow pointing upwards and the sell position by a red arrow pointing downwards. Buy and sell indications are obtained from the divergence in the market trend.
█ THANK TO
PineCoders for everything they do, all the tools and help they provide, and their involvement in making a better community. All PineCoders, Pine Pros and Pine Wizards, people who share their work and knowledge because of it and helping others, I am so happy and so grateful.
█ NOTE
This indicator is not a buy and sell recommendation, it indicates the most likely buy and sell points. Every purchase and sale decision is your responsibility
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** Versão em Português
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█ SETUP aplicado no Indicador
O setup está baseado na média 8, 21, e 56 do gráfico semanal
Preço acima da média 8 no semanal indica que o mercado esta em tendência de ALTA, abaixo da média 8 no semanal que o mercado está em tendência de BAIXA
RSI maior que 60% o mercado está em ALTA
RSI maior que 40% e menor 60% o mercado está em ACUMULAÇÃO
RSI menor que 40% o mercado está em BAIXA
A média 8 semanal está representadas nas cores VERDE (Tendência de Alta) e VERMELHA (Tendência de Baixa).
A média 21 semanal está representada na cor laranja claro
A média 56 semanal está representada na cor roxa claro
O cruzamento das médias 8 e 21 semanal esta representado com uma cruz VERDE (Tendência de ALTA) e VERMELHA (Tendência de BAIXA) - este sinal esta desativado no gráfico mas você pode ativá-lo clicando no setup do gráfico
█ FUNÇÕES UTILIZADAS
(1) Média 8, 21 e 56 no Semanal - mostra a média 8, 21, e 56 no gráfico
(2) Cruzamento das médias 8 e 21 Semanal - não está ativo mas você pode ativá-lo
(3) Cálculo do RSI
(4) barcolor() - marca a vela (Candle) com a cor verde (Mercado em Alta) e a cor vermelha (Mercado em Baixa)
(5) alertcondition () - você pode ativar o alerta no Tradingview
█ PONTOS DE COMPRA E VENDA - prováveis pontos
A indicação da posição de COMPRA é apresentada por uma seta na cor verde apontada para cima e a posição de VENDA por uma seta na cor vermelha apontada para baixo. As indicações de compra e venda são obtidas a partir da divergência na tendência do mercado.
█ OBRIGADO PARA
PineCoders por tudo o que fazem, todas as ferramentas e ajuda que fornecem, e seu envolvimento em fazer uma comunidade melhor. Todos os PineCoders, Pine Pros e Pine Wizards, pessoas que compartilham seu trabalho e conhecimento por causa dele e ajudando os outros, estou muito feliz e muito grato.
█ NOTA
Este indicador não é uma recomendação de compra e venda ele indica os pontos mais prováveis de compra e venda. Toda decisão de compra e venda é de sua responsabilidade
Rational Root TimelineThis script is based on RationalRoot's spiral btc chart. Since I dont know how to make spirals in pinescript I just flattened it out into a readable chart. All this shows is the log price for btc over a 4 year timeframe. I found it interesting how well things line up with this idea. The white circle just shows the current day price location. You need to be on the Daily timeframe to view this correctly.
Bitcoin Risk Indicator (Daily)This indicator calculates the risk of buying and selling BTC, if the risk is reaching the upper boundaries of 0.8 to 1 then BTC is either getting close to a market cycle top or is far over extended.
If BTC is below 0.4 then this inidicates the least amount of Risk to buy BTC.
Complete MA DivisionThis indicator simply divides two moving averages and calculates the slope of the resulting curve to show when an asset's momentum is slowing down. The original idea was in a recent youtube video by Ben Cowen . His indicator didn't show the complete history of the moving average, so I wanted to try a little trick to get the moving averages at the beginning of time even when using a large moving average period. I accomplished this by counting the number off current bars using the cum() function. After the count is hit, the period will be constant.
Changing the curve smoothing will smooth the actual curve. Both moving average periods should be divisible by the curve smoothing.
Changing the slope smoothness will dictate when the slope is starting to slow down. Keep this high to break through the noise.
Start of Red = Good time to sell
Start of Green = Good time to buy
There is a weird issue with the smoothness of the line so just keep your moving averages divisible by the curve smoothing. I couldn't figure that issue out yet.
Multiple Anchored VWAP [Morty]The Anchored VWAP (aVWAP) indicator ties VWAP calculations to a specific price bar chosen by the trader. Anchored VWAP allows you to specify the price bar where calculations begin, making it easy to see whether the bulls or bears have been in charge since a very specific point in time. The starting price bar that is chosen generally marks a shift in market psychology, such as a significant high or low, earnings, news, or other announcements. The Anchored VWAP line is charted using price and volume data from that significant event onward.
This indicator plots up to 4 aVWAP lines in the chart.
Features:
- plot up to 4 aVWAP lines
- custom start date of aVWAP
- custom line color
- optional label of starting price bar
- optional custom resolution
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锚定VWAP(aVWAP)指标将VWAP的计算与交易者选择的特定价格柱联系起来。锚定VWAP允许你指定计算开始的价格柱,使你很容易看到自一个非常具体的时间点以来,是牛市还是熊市在起作用。所选择的起始价格条通常标志着市场心理的转变,如一个重要的高点或低点、收益、新闻或其他公告。锚定VWAP线是使用从该重大事件开始的价格和成交量数据绘制的。
该指标在图表中最多绘制了4条aVWAP线。
特色:
- 绘制多达4条aVWAP线
- 自定义aVWAP的开始日期
- 自定义线的颜色
- 可选的起始价格条的标签
- 可选的自定义分辨率