OPEN-SOURCE SCRIPT
Updated Kaspa Rainbowchart KRC20 Fair value (new miner income)
I believe that the introduction of KRC20 on kaspa on September 15, 2024 caused a deviation of the rainbow chart downwards, due to an increase in the profits of miners, who constantly sell them to amortize their expenses. This could explain a downward diversion of the bands.
Please follow the original author of the rainbow chart : kaspapero
I just made a small modification here, with the a "KRC20 factor" parameter, you can adjust.
To follow his rainbow chart upgrades, follow kaspapero.
tradingview.com/u/Kaspapero/
My copy will not be upgraded with latest datas.
Original script : tradingview.com/script/u88nGJwC/
Please follow the original author of the rainbow chart : kaspapero
I just made a small modification here, with the a "KRC20 factor" parameter, you can adjust.
To follow his rainbow chart upgrades, follow kaspapero.
tradingview.com/u/Kaspapero/
My copy will not be upgraded with latest datas.
Original script : tradingview.com/script/u88nGJwC/
Release Notes
krc20 factor = 0.58Release Notes
Image update.Release Notes
Image update (bis)
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. You can favorite it to use it on a chart.
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