BTC Mayer Multiple BandsIntroduced by Trace Mayer as a way to gauge the current price of Bitcoin against its long range historical price movements (200 day moving average), the Mayer Multiple highlights when Bitcoin is overbought or oversold in the context of longer time frames.
It's worth noting that as the market becomes larger and less volatile, the peaks are becoming less exaggerated. This is because a 200 day moving average baseline is a static yardstick against an ever growing, more stable, Bitcoin market. We should recalibrate what constitutes the overbought/oversold extremes on this chart accordingly.
Idea by CryptoKea. Original author:
Cerca negli script per "bitcoin"
FTX Index Advance Decline LineAs of publishing, all the tickers from FTX with the word "index" in it, plus bitcoin.
This is your regular ADL except instead of hundreds in the basket you've got them condensed into 7 (for now) and in open/close candle form instead of a line.
I'm a bit disappointed because I thought I'd lever more utility from indexes. It may just need some tweaking.
Doesn't it look like Renko?
Some notes:
Reason why it expands:
Total number of constituents is a static 7, to fix that use time to change the total variable based on dates of introduction.
Reallly looks like Renko:
Renko with ATR, length 14, hourly chart.
It's Sunday and 2300UTCCME bitcoin trading opens at 5p.m. CT (UTC-6) on Sunday. This translates to 2300 UTC.
www.cmegroup.com
Orange: CME open hour candle's range is smaller than the previous hourly candle
Fuchsia: CME open hour candle's range is larger than the previous hourly candle
If there is a blue highlight after CME open, that means the candle after the open has a larger range. Otherwise there is no highlight.
Sessions_for_cryptoCoinCollege's article found that between September 1, 2019 and January 15, 2020, Bitcoin price movements tended to be the most driven by US time.
Japan time was the least active. This is similar to forex.
In the article, it was defined as follows:
NY time: 00:00 to 8:00 (NYK時間)
Tokyo time: 8: 00-16: 00 (TKY時間)
London time: 16:00 to 00:00 (LDN時間)
This indicator colors the time zone according to its definition.
Reference: Consideration on the time zone and day of the week when the Bitcoin market is easy to move (September 2019-January 2020)
Original title: ビットコイン相場が動き易い時間帯と曜日についての考察(2019年9月〜2020年1月)
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コインカレッジさんの記事で「米国時間が一番Bitcoin動くよね」という調査結果が出ていました。
なのですが、時間帯を色分けしてくれる丁度よいインジがなかったので作りました。
Voss Strategy (Filter + Trend Indicator) [Bitduke]Created strategy based on Voss Predictive Filter, implemented by TradingView user e2e4mfck.
Voss Predictive Filter
This is a relatively new filter from John F. Ehlers’ article, “A Peek Into The Future .” Ehlers describes the calculation of a new filter that could help signal cyclical turning points in markets.
But filter has a negative group delay and while an indicator based on it cannot actually see into the future, it may provide the trader with signals in advance of other indicators.
In mentioned article he tested filter on SPY and at one point in time "it went into a trend mode in January 2019, and the cycle signal failed miserably, signaling a short position during the runup. <...> The only way to minimize the impact of this condition is to employ an additional trend detector."
Thus I've added another Ehlers' based trend based indicator Instantaneous Trendline (thanks to LazyBear for implementation) to minimize the impact of the trend mode and got a good results on XBTUSD pair 4h.
Backtest :
> Range: 2016 - 2020
> XBTUSD
> 4h
> ~20% drawdown
> Sharpe (0.361, not too impressive)
I think it can be improved with Risk Management system and experimenting with various trend following indicators.
BTC Transaction/On-Chain Volume (Basic)Description:
Whale: Whale utilizing discounted prices (increasing on-chain volume & decreasing price)
Recovering: Positive momentum in price after potential whale activity
Cycle Volume Support: The transaction volume support during a cycle
What’s the best time to invest?
After institutions make up their mind at low price levels.
How’s on-chain volume related to whales or institutional money?
On-chain volume is contributed not only by using BTC as payment methods, but more importantly by large custodians using the BTC chain to settle internal whale trades. When OTC volume is estimated 2-3 times of exchange volume, and when total on-chain volume is only a small fraction of the exchange volume, the OTC settlement plays a big factor in moving the on-chain volume around.
Why does the price drop further after spotting whale money?
Does new money equal higher true value? Yes.
Does new money equal higher price? No.
Whales could not only ladder in when they see the price on discount, but also push the price further down to accumulate at better price levels. However, either route chosen, it’s most likely for the price to rise to a higher level compared to the level when the whales enter. Whales are here to make money after all.
Moving Average ChannelIntended for use on BTC long term (BNC:BLX Weekly) with Logarithmic charts only
As Bitcoin is adopted, it moves through market cycles. These are created by periods where market participants are over-excited causing the price to over-extend, and periods where they are overly pessimistic where the price over-contracts. Identifying and understanding these periods can be beneficial to the long term investor. This long term investment tool is a simple and effective way to highlight those periods.
Buying Bitcoin when the price drops below the green line has historically generated outsized returns. Selling Bitcoin when price goes above the red line has been historically effective for taking profits.
NOTE: 144 Week = 2¾ Years. 104 Weeks = 2 Years. Originally created by Philip Swift
Blockchain Fundamentals - MCCD - Miner Capitulation Conv/Div🔗Blockchain Fundamentals - MCCD - Miner Capitulation & Convergence Divergence
(a.k.a. Hash Ribbons)
Intro
Miner Capitulation has been talked about alot recently in the news and on twitter. I wanted to join the in fun and add my own spin on things.
Description
This shows the 30 (yellow) and 60 (orange) day moving average of the hash rate of bitcoin. I added an option to show the convergence/divergence of the two moving averages in a visual manner similar to the MACD.
I also added the ability to select both the length and type of MA used in the calculation of the capitulation so you can experiment.
Other additions include bar coloration by trade state, and background highlighting of capitulation periods.
Editable Capitulation/Recovery plots will show clearly when the crosses happen.
The way to replicate my display is to add the indicator twice below the chart and combine in the same pane. First indicator displays the averages by default. The second one you enable convergence/divergence display option and uncheck the rest.
Last I add the indicator one more time and dragged it on chart. Do not combine the scales into one, of else it will ruin the scale (you want them separate scales). Its just showing you possibilities, use whatever works for you!
👍 We hope you enjoyed this indicator and find it useful! We post free crypto analysis, strategies and indicators regularly. This is our 73rd script on Tradingview!
💬Check my Signature for other information
2-Year MA MultiplierThis is a recreation of the chart from "Bitcoin Investor Tool: 2-Year MA Multiplier" at lookintobitcoin by Philip Swift.
It gives an idea of BTC swings on a 2 year period with the highs being marked by 5x the 2 year SMA. This could be useful on other alts like LTC and Eth.
Source:
//@version=3
// based on Bitcoin Investor Tool: 2-Year MA Multiplier
// lookintobitcoin com/charts/bitcoin-investor-tool/
study(title="2-Year MA", overlay=true)
avg = sma(close, 730)
avgMult = avg*5
avgPlot=plot(avg, color = green, linewidth = 1)
avgMultPlot=plot(avgMult, color = red, linewidth = 1)
fill(avgPlot, avgMultPlot)
ANN MACD (BTC)
Logic is correct.
But I prefer to say experimental because the sample set is narrow. (300 columns)
Let's start:
6 inputs : Volume Change , Bollinger Low Band chg. , Bollinger Mid Band chg., Bollinger Up Band chg. , RSI change , MACD histogram change.
1 output : Future bar change (Historical)
Training timeframe : 15 mins (Analysis TF > 4 hours (My opinion))
Learning cycles : 337
Training error: 0.009999
Input columns: 6
Output columns: 1
Excluded columns: 0
Grid
Training example rows: 301
Validating example rows: 0
Querying example rows: 0
Excluded example rows: 0
Duplicated example rows: 0
Network
Input nodes connected: 6
Hidden layer 1 nodes: 8
Hidden layer 2 nodes: 0
Hidden layer 3 nodes: 0
Output nodes: 1
Learning rate : 0.6 Momentum : 0.8
More info :
EDIT : This code is open source under the MIT License. If you have any improvements or corrections to suggest, please send me a pull request via the github repository github.com
Crypto Prices InfoPanel V2Hello traders
Following the introduction of ByBit to TradingView ByBit on TradingView
I decided to upgrade my previous Bitcoin InfoPanel Bitcoin-Prices-InfoPanel/
Now it's more dynamic (thumbs up) but only work with Bitcoin, Ethereum and Litecoin . If you select any other asset than those 3, the script won't work
This is due to a technical limitation on TradingView because I can't do more than 40 security calls per script
If you don't know what the security function is, here's a reminder : Security documentation . If you don't know what is TradingView... I cannot do anything for you...
Now you can use this panel to have a very cool arbitrage view directly from TradingView and use the info to gamble between brokers (not financial advice)
See you all tomorrow for a huge update regarding the Strategy Builder. I'll show you how to connect it to a Backtest system
____________________________________________________________
Feel free to hit the thumbs up as it shows me that I'm not doing this for nothing and will motivate to deliver more quality content in the future.
- I'm an officially approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies
Jump on a 1 to 1 coaching with me
- You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python
Moving Average Strategy of BiznesFilosofWhat is brilliant is simple! Therefore, this strategy works very well. It is configured on bitcoin. But you can use it for other tools. Only need to change the settings.
Remember that this is not a panacea, but only an assistant! You yourself have to choose which entry and exit points to choose.
In more detail about strategy on my channel in YouTube.
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Что гениально, то просто! Потому, эта стратегия очень хорошо работает. Настроена она на биткоин. Но можно использовать и для других инструментов. Только нужно поменять настройки.
Помните, что это не панацея, а только помощник! Вы сами должны панимать, какие выбирать точки входа и выхода.
Более подробно про стратегию на моём канале в Ютуб.
Crypto Indicators #u9tusA set of low timeframe (LTF), medium timeframe (MTF), and high timeframe (HTF) indicators for use in crypto currencies / bitcoin.
Traditionally the 10, 20, 50, 100, and 200 SMAs are used in TA. With cryptos, I've found that the 8 EMA, 21, 55, and 128 SMAs backtest better, while no change in length was necessary for the 200. I wanted to combine all these into one indicator to easily add them to a chart layout, hence this script.
You can customize the length of each MA to your liking in the settings, or accept the defaults.
LTF Indicators:
8 EMA in blue hues, medium line stroke.
MTF Indicators:
21, 55 SMA in purple hues, medium line stroke.
HTF Indicators:
128, 200 SMA in yellow hues, thick line stroke.
Defaults are for daily timeframes and lower; suggest changing up the intervals for weekly and monthly to:
21 -> 30
55 -> 50
128 -> 100
$BTC, $ETH, #ALTS
twitter.com
(c) @jhaurawachsman 20190515
Stock to Flowthis study gives the option to plot the stock to flow
OR the number of blocks per month. (you must edit the code by deleting the //)
it should be used only on the monthly timeframe
idea credited to:
medium.com
200/150
This a variation to my 120/60 Trend Model for the daily chart on Bitcoin, which has quite reliably been determining the over all trend as well as low risk entries within a longer term trend. It's a combination of 150 & 220 SMA, used on the 1D chart. Once price closes below both SMAs trend is an early bearish signal, while the SMAs flipping to red is later but more reliable bearish signal. For bullish trend it is the same thing just the opposite. Once the "cloud" switches red trend is bearish while once it switches green it's bullish.
Bitcoin tends to get rejected by the cloud during bullish and bearish trends. Once Bitcoin pushes through the cloud the trend will typically reverse.
Bitcoin trading within or close to the cloud is generally a good long or short entries, depending on the color of the cloud (red: short & green: long).
GBTC/BTC(average) premium percentageaverage bitcoin price used (average between bitfinex, coinbase, bitstamp, bittrex, and gemini).
find current amount of bitcoin per share here: grayscale.co
GBTC/BTC(average) premium percentageI updated the GBTC premium percentage indicator to the average bitcoin price (average between bitfinex, coinbase, bitstamp, bittrex, and gemini). I also left this new script open so you can update the amount of bitcoin per share because it is always changing. you can find the amount of bitcoin per share at grayscale.co half way down on the left.
Mayer MultipleThis indicator was created by Trace Mayer as a way to analyze the price of Bitcoin in a historical context. Consider it as a kind of Volatility Ratio that was created by Jack Schwager for the securities.
To learn more about Mayer Multiple see:
charts.woobull.com
mayermultiple.info
www.theinvestorspodcast.com
Good luck!
RSI Cross by uykusuzpenguenRSI Cross Explanation;
It's simple,
When short-term RSI crossover long-term RSI ; BUY ( Green Area )
When short-term RSI crossunder long-term RSI ; SELL ( Red Area )
You can change RSI lenghts or moving average lenght on settings.
If you knew that, you would sell all your bitcoins at a price of $13.500 and not look back on 8th January.
Happy trading.
Mayer Multiple @ Current PriceThough this script is by me, the original idea comes from a podcast I heard where Trace Mayer talks about how he does crypto valuation. It is based on current price against the 200 day moving average. This indicator script will simply plot that value as a label overlayed on your trading view chart. Best long term results occur when acquiring BTC when the multiple is 2.4 or less. For more info, google "mayer multiple" This script/indicator is strictly for educational purposes. It is not exclusive to bitcoin.
To get the best look out of your charts I make the following changes.
1.Apply the indicator to your chart.
2. In the tools palette of trading view, when looking at a chart, click "Show Objects Tree" the icon displayed above the trash can.
In the objects tree panel, click the preferences icon for "Mayer Multiple @ Current Price"
Switch "scale" to "scale Left"
3. Then for your chart preferences (right click on chart background and select "Properties", and be sure the following are checked on the "Scales" tab
Left Axis
Right Axis
Indicator Last Value
Indicator Labels
Screenshots are not allowed in this view, so I can't post screenshots, but the view above is what it should look like when you are done.
For anyone who wants to see the code, here is the code of the script:
Use at will, and at your own risk.
//@version=3
// Created By Timothy Luce, inspired by Trace Mayer's 200 Day SMA cryptocurrency valuation method
study("Mayer Multiple @ Current Price", overlay=true)
currentPrice = close
currentDay = security(tickerid, "D", sma(close, 200))
mayerMultiple = currentPrice/currentDay
plot(mayerMultiple, color=#00ffaa, transp=100)
If you want to change the color, change this line: #00ffaa
Moving Average Price MultipleAuthor: Preston Pysh & Trace Mayer
Visit www.MayerMultiple.com to see current charts & explanation
Listen to Preston's Podcast: www.theinvestorspodcast.com
Follow Preston on Twitter: twitter.com
This indicator calculate the Price Multiple from Current Close Price vs 200 Day Moving Average.
Based on Preston's article:
+ The average Mayer Multiple is 1.44 for the history of Bitcoin.
+ Safe Buying Threshold is 2.4
rem sim v0.1every alt-coin has similarity.
cause of bitcoin.
always i want to delete that similarity and read the true(?) value of each coin.
and i made some script for that, but not good enough.
this one is different.
Rem Sim (rs) removes the similarity very effectively.
it make avg WaveTrend from nxt, strat, steem, ...
and that is the similarity
and it show true(?) WaveTrend without similarity.
so if the alt-coin move like other alt-coin, the WT almost 0.
sorry my bad english.
if you dont understand my english. just look at that chart.
also you can see source code.
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대부분의 알트가 어느정도 비슷한 차트를 가지는데, 그 유사성을 제거하면 어떤 모양인지 궁금해서 만들었어요.
전에 만들었던 비트코인의 영향력을 제거해주는 아이디어는 실제론 별 효용이 없는데 이건 좀 쓸만해보이네요.
웨이브트렌드의 모양으로 보여줍니다.
UCS Squeeze Momentum Overlay with AlertsAll credit to the great ucsgears. His original indicator is on this page:
I just remixed the visuals and added alerts when price is released from the squeeze. I find it works well on lower timeframes for Forex and Bitcoin. Suggestions for other instruments and timeframes are welcome! When adding alerts use 'On Condition' to get the fastest alerts.
Best used in conjunction with the USC_SQZ_Opt Ooscillator from this page:
Possibly useful tip: the squeeze code here is great for identifying ranging markets, and can be used with other indicators to stop alerts firing in choppy markets.