PROTECTED SOURCE SCRIPT

BTC: aSOPR Overheated Signal

862
BTC: Adjusted Spent Output Profit Ratio (aSOPR) Overheated Signal

Calculation:
Adjusted SOPR is calculated by the 30 day moving average divided by the 365 day moving average of SOPR.

Function:
When the aSOPR is above the upper threshold line (default = 1.01), this signals an overheated market, where participants are realising their gains.

Best Use:
On the 1D Chart. Used in combination with a variety of other tools for analysis to identify overheated market conditions.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.