This indicator offers a unique analytical perspective by comparing the market capitalization of MicroStrategy (MSTR) with that of Bitcoin (BTC) . Designed for investors and analysts interested in the correlation between MicroStrategy's financial performance and the Bitcoin market, the script calculates and visualizes the ratio of MSTR's market capitalization...
The MVRV ratio was created by Murad Mahmudov & David Puell. It simply compares Market Cap to Realised Cap, presenting a ratio (MVRV = Market Cap / Realised Cap). The MVRV Z-Score is a later version, refining the metric by normalising the peaks and troughs of the data.
This Pine Script indicator visualizes the combined market capitalization of three prominent stablecoins: USDT, USDC, and BUSD, on a daily basis. It fetches the daily closing market caps of these stablecoins and sums them. The resulting line graph is displayed in its own separate pane below the main price chart. The line is color-coded: green on days when the...
// Purpose: -To show High of Week (HoW) day and Low of week (LoW) day frequencies/percentages for an asset. -To further analyze Day of Week (DoW) tendencies based on averaged data from all various custom weeks. Giving a more reliable measure of DoW tendencies ('Meta Averages'). -To backtest day-of-week tendencies: across all asset history or across custom user...
Trend Strategy #1 Indicators: 1. SMA 2. Pivot high/low functions derived from SMA 3. Step lines to plot support and resistance based on the pivot points 4. If the close is over the resistance line, green arrows plot above, and vice versa for red arrows below support. Strategy: 1. Long Only 2. Mutable 2% TP/1.5% SL 3. 0.01% commission 4. When the close is...
NVT Studio is an indicator that aims to find areas of reversal of the Bitcoin price based on the extreme areas of Network Value Transaction. Instructions: - We recommend using it on INDEX:BTCUSD - Use the daily or weekly timeframe The indicator works as an oscillator and offers to visualisation modes. 1) Showing the short term oscillations of NVT showing...
This signal uses information from BITFINEX:BTCUSDLONGS and BITFINEX:BTCUSDSHORTS to forecast tops and bottoms. The idea behind is very simple. We calculate the RSI of the ratio of longs vs shorts and find areas where both the SMA of this RSI and the RSI itself are overextended. You might notice that the win rate is not high but most of the wins provide a...
Dear Tradingview community, I'd like to share one of my staple indicators with you. The volatility depth indicator calculates the volatility over a 7-day period and plots it on your chart. This indicator only works for the DAILY chart on BTC/USD. Colors I've color coded the indicator as follows: - Red: Extreme Volatility - Orange: High Volatility - Yellow:...
Publishing my first indicator on TradingView. Essentially a modification of the Correlation Coefficient indicator, that displays a 2 ticker symbols' correlation coefficient vs, the chart presently loaded.. You can modify the symbols, but the default uses DXY and XAU, which have been displaying strong negative correlation. As with the built-in CC (Correlation...
This algorithm is designed for usage across indices. How it works? The algorithm uses a variation of fractals, momentum, RSI and LRSI to determine a trends direction. The Relative Strength Index (RSI) is a momentum-based oscillator used to measure the speed (velocity) and change (magnitude) of directional price movements. It provides a visual means to monitor...
Before you see this post I want to thank all the TradingView team. Every day that passes I learn better and better to use Pine script and I owe this to all those who publish and to the philosophy of TradingView. Thanks from Amos This trading indicator compares the prices of the S&P 500 Index (SP500), Tesla (TSLA), and Bitcoin (BTC) to find correlations between...
I hope this strategy is just an idea and a starting point, I use the correlation of the Sp500 with the Btc, this does not mean that this correlation will exist forever!. I love Trading view and I'm learning to program, I find correlations very interesting and here is a simple strategy. This is a trading strategy script written in Pine Script language for use in...
This strategy is based on the Korea Premium, also known as the “Kimchi Premium,” which indicates how expensive or cheap the price of Bitcoin in Korean Won on a Bitcoin exchange in South Korea is relative to the price of Bitcoin being traded in USD or Tether. Inverse Kimchi Premium RSI was newly defined to create a strategy with Kimchi Premium. Assuming that the...
**Long Only Strategy** When Price drops below the ATR band below it will enter a buy on the next candle open SL at current price minus ATR* ATR multiplier TP at Mean EMA or if higher than Mean EMA and current candle low is below previous candle low or if price is above ATR NB: I would highly recommend a low fee broker (I use ICmarkets raw spread account) due to...
Altcoin Dominance (without ETH) Excluding Stablecoins Unsymetric The purpose of the script is to show Altcoin's strength without Ethereum once we exclude stablecoins. So we look into all altcoins besides eth and besides stablecoins divided by a value of eth+btc
This script makes it easier to quickly check how the BTC pair of the current symbol is performing on any pair. It adds a " change percentage widge t" (of the BTC pair ) to the top right of the chart. (Refer to the image for an example.) The change percentage calculation is performed as described here: www.tradingview.com To match the "Chg%" that appears...
Long entry: PSAR gives buy signal BBPT prints green histogram ZLSMA is below the price ZLSMA has uptrend SL is smaller than the max SL Optional Sessions and EMA filters Short entry PSAR gives sell signal BBPT prints red histogram ZLSMA is above the price ZLSMA has downtrend SL is smaller than the max SL Optional Sessions and EMA filters SL: Placed below...
What is it? This indicator will plot the RSI of BTC with a red or green background based on the top and bottom values which you can set. How to use it? For example, you want to trade only if the RSI of BTC is between 50 and 70, so the top value is 70 and bottom is 50. If the RSI value between those values the background will be green, else it will be red. ...