Bitcoin Fee Ratio is a BTC specific study aiming to replace the ever-misleading ‘market capitalization’ (marketcap). It answers to the following question: “If block rewards disappeared tomorrow what percentage of economic volume would we have to pay in fees to replace them” A low FR means that users can transact securely while simultaneously paying a minimal...
Hello traders! This indicator shows you the ratio between market capitalizations of the mineable and not mineable cryptocurrencies from TOP-20 (excluding Bitcoin Cash). NOTE : The market capitalizations are calculated dynamically . The word "dynamically" means that I did not hardcode supplies for presented cryptocurrencies. What else is included Alert...
Shows the Long vs Short ratio for a pair on Bitfinex
Inspired by @LazyBear's/@timwest's script: Usage: support and resistance levels based on averaging price around earnings and quarterly opens. What it is plotting: 1. A horizontal level whenever earnings occur. If actual earnings is higher than estimated, the line turns green, else red. 2. A horizontal level every quarterly open, colored black. 3. An...
Average True Range is used to determine if a ticker's trading range is widening or narrowing, which is helpful for finding the trend or to use as a stop loss. The idea of this indicator is to compare the ATR of altcoins versus bitcoin, since volatility is low.
Currently studying the effect of NVT on price action and volume.
Was impressed with the 'Longs vs Shorts Ratio' idea from the tweet below so I coded an indicator, enjoy. twitter.com
This script allows you 1. to plot the outstanding BTC long (green) and/or short (red) positions 2. to plot an area (blue) corresponding to the ratio between the outstanding long and short positions, shifted and rescaled, such that the zero-line corresponds to the mid-point between the long and short positions: ratio => ratio * mid + mid
A simple ratio between two assets. When the ratio tops or bottoms out it can anticipate inversions in both assets.
Strategy with simple stop-loss and take-profit in percentage. If last trade was a successful one then repeat it. If not successful - do a reversal trade.
Shows the ratio of longs to shorts. Above 1.0 means more longs. Below 1.0 means more shorts. A value of 1.0 means equilibrium.
Volatility Ratio indicator script. This indicator was originally developed by Jack Schwager.
I am proposing an alternative to the percent change. An alternative that is symmetrical to both positive and negative change, unlike percentage change. The simple idea is to have a positive number if the reference value (called val in the script) is lower than the stock value and needs to be multiplied; a negative number instead if the reference number is...
This system is called " EMA Ratio" . Using a special formula developed by myself, I have developed it in a view to spot trading opportunities of trend following or counter-trend. Blue line in the TA means positive growth in prices of a security. A reading higher than 1 is somehow an indication of prices making higher highs, but in the meantime watch out for a...
Following Preston Pysh's "Bitcoin Mayer Multiple" study, I made this simple script to plot the Mayer multiple by calculating the ratio between bitcoin price and its 200-day moving average. It also plots the moving average of ratio itself.
Following Preston Pysh's "Bitcoin Mayer Multiple" study, I made this simple script to plot the recommended buy price based on the calculated 2.4x ratio between bitcoin price and its 200-day moving average. The ratio and SMA length have default values of 2.4 and 200 and can be adjusted.