Master Litecoin Network Value Model — Indicator by masterbtcltc

The Master Litecoin Network Value Model takes the following 6 network values for Litecoin. It compares them to Bitcoin's network values to determine a "fair" value based on Litecoin's network usage compared to Bitcoin's.

Please apply on an LTCUSD chart

This also includes an average of the 6 network metrics and is colored white with a slightly large line width.

New Addresses
Total Addresses
Active Addresses
Total Volume USD
Transaction Count
# of Retail

Release Notes:

This one includes median transaction amount in USD.

Release Notes:

Updated version has label options now when plotting

Release Notes:

updated the title.

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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