Bitcoin Production Cost OscillatorFor Trav,
Oscillator version of "Bitcoin Production Cost".
Based on raw data from CBECI.
Follow me to read more about the calculation logic.
บิทคอยน์ (สกุลเงินดิจิตอล)
Bitcoin Production CostBitcoin's Production Cost
Based on raw data from CBECI.
Follow me to read more about the calculation logic.
BEST Mayer MultipleHello traders
I'm not a HODLer by any means. I know when to sell (or I think I know....) when an asset starts going against me too much.
Even if it's a "long-term" investment.
My mentor used to telling me this: "If a short-term trade becomes a long-term investment, then you're in for a hell of a ride".
I have no clue if Bitcoin/BTC will go back up or not - I don't even care because I'm an intraday trader.
What if BTC was actually a way to accumulate more fiat? Satoshi fooled us
I coded this Mayer Multiple according to the specifications below. By the way, I'm a big fan of Willy Woo. I've been monitoring all his work since I learned about crypto (10 minutes ago.... it's a joke come on)
charts.woobull.com
Scaling
To respect the Mayer's multiple model, I recommend to select the Logarithmic scaling as shown below
imgur.com
What Mayer's model says
Using the reference below, the model says we're in the oversold zone. But, we can be in that zone for months/years...
When a model says an asset could bounce in a 1000-7000 USD range... well... I don't know how I would be able to perform optimally with that insight. This is very subjective and not a recommendation.
Mayer's Multiple model reference
All the BEST
Dave
Parabolic SAR Strategy (on close) [QuantNomad]Created a Parabolic SAR strategy where price has to close under/above the level before for it to reverse. This way it should be a bit more stable and protect you from false breakouts.
It was impossible to adjust the built-in "sar" function so I implemented PSAR from scratch. So if you're interested in how it's work inside you can check the code and probably adjust to your need if you have a custom modification of PSAR in your mind.
Blockchain Fundamentals - Satoshies Per Dollar by Cryptorhythms🔗Blockchain Fundamentals - Satoshis Per Dollar by Cryptorhythms
Intro
SPD is a new metric I propose which can be used to determine general sentiment and help narrow down periods to DCA .
Description
In the most basic sense this indicator is simply showing you how many satoshies are equal to one US dollar . This can be a useful metric to keep stored in the back of your mind. It can also give you a new satoshi based perspective on bitcoin pricing.
I simply added an MA selection option to give a basic sentiment reading. You could also use the red areas as a modified DCA (i.e. only do dollar cost averaging when red zone is in effect.
The indicator is not really meant for buy/sell signaling but more as a reference
👍 We hope you enjoyed this indicator and find it useful! We post free crypto analysis, strategies and indicators regularly. This is our 71st script on Tradingview!
💬Check my Signature for other information
Bitcoin Risk Indicator v2Based on the work of Ben Cowen on Youtube. I can't link to the video due to TradingView promotion rules.
Leverage Strategy and a few words on risk/opportunityHello traders,
I started this script as a joke for someone... finally appears it could be used for educational content
Let's talk about leverage and margin call
Margin Call
A margin call is the broker's demand that an investor deposit additional money or securities so that the account is brought up to the minimum value, known as the maintenance margin.
A margin call usually means that one or more of the securities held in the margin account has decreased in value below a certain point.
Leverage
A leverage is a system which allows the trader to open positions much larger than his own capital. ... “Leverage” usually refers to the ratio between the position value and the investment needed,
Strat
The strategy simulates long/short positions on a 4h high/low breakout based on the chart candle close.
The panel below shows the strategy equity curve. Activating the margin call option will show when the account would be margin called giving the settings
Casino
I'm not doing any financial recommendation here.
I made this strategy so that people include more risk management metrics into their strategy.
From the code, we see it's fairly easy to calculate a leveraged position size and a margin call flag - when that flag is hit, the system stops trading.
I simplified things to the extreme here but my point is that the leverage is a double-edge sword gift.
Assuming we always take the same position sizing, increasing the leverage speed up how fast a margin could be ..... called. (bad joke? feel free to tell me). Not saying it will, saying it introduces more risk by design.
Then one could say "I'll just turn off that stupid margin call option". And that's when someone starts backtesting with unrealistic market conditions.
Finally...
When I backtest I always assume the worst in every scenario possible (because I'm French), I always try to minimize the risk first (also because I'm French), keeping as close from 0 as possible (French again)
Then I add the "opportunity" component, looking to catch the maximum of opportunity while keeping the risk low.
It's like a Rubix cube puzzle - decreasing the risk is one side of the equation but whenever I try to catch more opportunity... my risks increases.
Then I update my risk... and now the opportunity decreases... (#wut #wen #simple)
Completely removing the risk from a trading strategy isn't something I wouldn't dare doing.
Trading involves risk. Being obsessed by decreasing the risk is what I do BEST :)
Dave
Heiken Ashi Triangles at the Top and Bottom of ScreenHeiken Ashi Triangles at the Top and Bottom of Screen
The image below shows the comparison to actual Heiken Ashi candles
(Though changing from candles to Heiken Ashi tends to smooth the triangles a little)
Directional Movement Index + Average Directional IndexPersonal DMI and ADX script
ADX color change from positive vs negative momentum
DMI Color fill based on DMI+/- positive momentum
No fill color during lack of momentum
Bitcoin Power Law CorridorOpen-source live tracker of Harold Burger's Bitcoin "Power Law Corridor".
Added optional chart fill and labels to show the percentage delta to the regression center-line, support and resistance.
BEST Cloud ALL MAHello traders
Hope you're all doing well
This script is a generic cloud generator using a pre-selected set of moving averages (I probably forgot a lot but listed all the ones I used at least once).
A cloud is a visual representation of the gap between two moving averages - it shows right away how big in that gap (=how far they are from each other)
The challenge is to find a cloud such as the price often stay stuck between those 2 MA - and when it's getting finally out (up or down), it would be strong enough to signal a beginning of a trend.
This is a cool intellectual challenge for all aspiring traders
For that script, I defined a trend according to how the 2 MAs are located relative to each other (MA1 > MA2 or MA1 < MA2) and if the price gets out of the cloud.
You'll get :
- the option to color the candles based on a trend
- cool triangles entry signals
- and alerts on those triangles
All the BEST
Dave
Syminfo.TypeHello traders
Earlier this week I discovered a new built-in variable called syminfo.type
What is it for?
This variable returns the type of the current symbol. Possible values are cfd, stock, futures, indices, forex, crypto, fund.
Cool bro but... should we care?
Well... we all should. Imagine you have a generic script and you want a different configuration whether you're trading FOREX or Crypto .
I designed a dummy example in that script that will preset the inputs according to the asset type from the chart.
Here I want 12/26/9 for forex and 20/50/50 for crypto - 30/60/90 otherwise
Quick caveat
It seems that for any crypto asset, syminfo.type returns "bitcoin". TradingView will fix it at some point but wanted to give you the heads-up regardless
Enjoy and all the BEST ^^
--
Dave
Blockchain Artificial Neural NetworksI found a very high correlation in a research-based Artificial Neural Networks.(ANN)
Trained only on daily bars with blockchain data and Bitcoin closing price.
NOTE: It does not repaint strictly during the weekly time frame. (TF = 1W)
Use only for Bitcoin .
Blockchain data can be repainted in the daily time zone according to the description time.
Alarms are available.
And you can also paint bar colors from the menu by region.
After making reminders, let's share the details of this interesting research:
INPUTS :
1. Average Block Size
2. Api Blockchain Size
3. Miners Revenue
4. Hash Rate
5. Bitcoin Cost Per Transaction
6. Bitcoin USD Exchange Trade Volume
7. Bitcoin Total Number of Transactions
OUTPUTS :
1. One day next price close (Historical)
TRAINING DETAILS :
Learning cycles: 1096436
AutoSave cycles: 100
Grid :
Input columns: 7
Output columns: 1
Excluded columns: 0
Training example rows: 446
Validating example rows: 0
Querying example rows: 0
Excluded example rows: 0
Duplicated example rows: 0
Network :
Input nodes connected: 7
Hidden layer 1 nodes: 5
Hidden layer 2 nodes: 0
Hidden layer 3 nodes: 0
Output nodes: 1
Controls :
Learning rate: 0.1000
Momentum: 0.8000
Target error: 0.0100
Training error: 0.010571
The average training error is really low, almost worth the target.
Without using technical analysis data, we established Artificial Neural Networks with blockchain data.
Interesting!
14-RSI minus 36-MFI (weekly)On the weekly chart of BTC/USD, the difference between the 14-RSI and the 36-MFI, combined with the 14-RSI alone, gives good buy and sell signals.
UT Bot StrategyUT Bot indicator was inially developer by @Yo_adriiiiaan
Idea of original code belongs @HPotter
I just took code of Yo_adriiiiaan, cleaned it, deleted all useless pieces of code, transformet to v4 and created a strategy from it.
Also I added an input that allows you to swich to signals from Heiking Ashi. I saw that author uses HA for the indicator and on HA it look much nices then on real candles.
Do not add this strategy to HA candles, use usual candles and this checkbox.
Original script:
Bitcoin Real VolumeBitcoin’s Real Volume
An accurate read on the change in Bitcoin’s volume profile over time.
Based on 2019 reports by Bitwise and Alameda Research.
Please see the script code notes for assumptions and details on data selection.
Follow me for more information on this script.
Multi-Exchange Volume (30 Tickers) by kurtsmock + BV + rVolauthor: kurtsmock
Fully Customizable ticker set. Up to 30 Tickers. Bitcoin set as default.
-- IMPORTANT NOTE: --
30 Exchanges are a lot. It can take a while to load. You can fully customize this indicator to your liking. Here's how:
1. Load indicator
2. Open Settings
3. Uncheck the switch box for exchanges you want unincluded
4. At the bottom of the settings menu click "Defaults" and hit "Save as Default"
5. To turn them all back on, hit "Reset Settings" in that same "Defaults" menu and click "Save as Default" again.
Also, you don't have to use this with Bitcoin. This works with any asset, just change the ticker in the settings.
There's a lot going on with this indicator so the following is descriptions and instructions to help you better understand what's going on here. Thanks!
Goal:
- To provide a mechanism for assets on multiple exchanges to have their volume evaluated together
Edge:
- Having better and more complete volume information
Notes:
- The Default Exchanges for this indicator are highest volume bitcoin exchanges, but may contain "fake volume"
- Indicator is set for Bitcoin by default. However, you can change the tickers to reflect any asset you want
////// rVol //////
Goal:
- To understand how much volume is being executed relative to the same candle on previous days/periods
Edge:
- Higher rVol implies higher volatility and market interest.
- High rVol = higher than average volume . Markets move on volume so higher than average volume indicates increased market activity/volatility
- rVol is an indirect measure of active or anticipated volatility
Definitions:
- rVol: The volume of a period compared to the Average Volume of that same period in past sessions
- Important to note it does NOT add up the last 10 (default) candles, but rather the last 10 candles at session intervals.
- Example:
-- On a Tuesday, 1h chart it will add up the last ten Tuesday, 9:00 am candles, not including the current, active candle.
-- It then averages those lookback candles.
-- It then plots the percentage relationship between the most recent candle and the average of the lookback candles
-- Avg Vol of Lookback candles = 5000,
-- Volume of most recent candle = 4000: Output = rVol = 80:
-- Volume of most recent candle was 80% of the average volume in the 9 am time period of the last ten Tuesdays in the 9 am, 1h period
Notes:
- rVol does not add current candle volume into lookback sum. So, you set lookback to be: (not including the current day)
- rVol is on a switch. So, if you want to see rVol instead of volume, hit the switch in the settings
- If you want to see both, load 2 instances of the indicator.
////// Better-er Volume //////
Goal:
To Identify:
- When a candle closes at the highest volume * range relative to the lookback period and close > open
- When a candle closes at the highest volume * range relative to the lookback period and close < open
- When a candle closes at the highest volume / price relative to the lookback period
Edge:
- Identifies beginnings of price expansion, climax of price expansion, breakouts, pivots, and take profit points on the volume chart
Notes:
- Based generally on Barry Taylor's "Better Volume" indicator and ideas from Pascal Willain's book "Value in Time."
- Better-er Volume rules are applied to both Total Volume or rVol.
-- When rVol is displayed Better-er Volume is applied to rVol
-- When Total Volume is displayed Better-er Volume is applied to Total Volume
// Plot Key: //
Green Triangle Up = Often marks the beginning and/or end of price expansion to the upside
Red Triangle Up = Often marks the beginning and/or end of price expansion to the downside
Yellow Square = High Volume but Tight Range. Implies a Battle of Bulls and Bears. High Liquidity area. Provided Liquidity is not enough to move price. Thick Limit Order Book.
Purple Triangle Up or Down = Implies high market participation. Typically at the end of expansion when very significant s/r is hit
category: volume Volatility
tags: Volume rVol relativevolume Bitcoin cryptocurrency bettervolume
Many More Volume Indicators Coming Out Soon!
MACD Divergence Tops + BottomsMACD Indicator which plots local peaks and troughs in divergence.
"Classic" Divergence is specified as:
- A higher price, with reduced MACD high --> Potential Sell Point
- A lower price, with higher MACD low --> Potential Buy Point
"Alternative" Divergence is specified as:
- A higher MACD high, with reduced price --> Potential Sell Point
- A lower MACD low, with higher price --> Potential Buy Point
MACD Divergence should be used in combination with other indicators. This indicator identifies local tops and bottoms, with potential for macro trend shifts.
QuantNomad - Significant Pivot Reversal Strategy AlertsAlerts for "Significant Pivot Reversal Strategy":
As one of the ways to filter out insignificant levels I decided to check that pivot point is not above/below neighbors, but check that it's above/below at least by a certain amount.
I use ATR, so in params, you can set length of ATR and also ATR multiplier. The new level will be calculated only if PP will be above/below neighbors by atr * atr_mult.
It seems this approach might help in some cases.
QuantNomad - EVWMA MACD StrategyPretty simple EVWMA (Elastic Volume Weighted Moving Average ) MACD Strategy.
EVWMA is a quite interesting moving average where the period of the MA is defined from the volume itself.
It incorporates volume information in a natural and logical way. The EVWMA can be looked at as an approximation to the average price paid per share.
As a volume period, you can use sum of the last x bars volumes.
Here are other EVWMA indicators/strategies:
EVWMA indicator:
EVWMA Cross strategy:
QuantNomad - EVWMA Cross StrategyPretty simple EVWMA (Elastic Volume Weighted Moving Average) Cross Strategy. Long on bullish cross, Short on Bearish Crosss.
EVWMA is a quite interesting moving average where period of the MA is defined from volume itself.
It incorporates volume information in a natural and logical way. The eVWMA can be looked at as an approximation to the average price paid per share.
As a volume period you can use sum of the last x bars volumes.
Here is EVWMA as an indicator:
Hash RibbonsBuying during Miner Capitulation yields wonderful returns.
The best buy signals occur on Hash Rate "recovery", and when price momentum is also positive.
Historically, this strategy has yielded average returns to cycle peak of >5000%, with max Drawdown of -15%.
Follow me to learn more about this indicator.
BTC Volume absolute (fiat vs Tether vs futures)BTC volume split by fiat, Tether and futures in USD
fiat = COINBASE + BITFLYER + BITSTAMP + KRAKEN
Tether = BITFINEX + BINANCE + HUOBI + HITBTC
futures = BITMEX + BYBIT