OPEN-SOURCE SCRIPT

BNB Burn Buyer

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This strategy is only meant to be used on BNB.
It's more of an inconclusive analysis of the effect of BNB's quarterly coin burn.

To date there have been 13 coin burns.
According to Binance's whitepaper, each quarter, they will burn BNB based on their trading volume until 50% of all BNB is burned. They eventually will destroy 100MM BNB, leaving 100MM BNB remaining.

Historically, coin burns for the 3rd quarter happen around October 17th-18th. So keep an eye out for those dates.

I built this strategy to run some experiments and test the fundamental effect a known coin burn has on the price. So far more testing is needed. So leave your insights and comments below!
Notes de version
Updated For Newest Burn Date
BNBbnbusdburncoinburnCryptocurrencyEDAstrategytestingTrend Analysis

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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