Get started

Bitcoin (Cryptocurrency)

Pi Cycle Indicators Comparison IndicatorThere are now 3 Pi Cycle Indicators that I am aware of; the original, improved**, and bottom. This indicator attempts to provide all three indicators in a dingle, easy to view script. I coded this script to displace the moving averages above and below the price bars for easy viewing. This was accomplished by placing a scaling factor (/# or *#) at the end of the ta.sma or ta.ema functions. A vertical arrow, purposely posing as a short vertical line, marks the crossing of the long and short MAs for each indicator. These are color coded to match their respective indicators and the long and short MAs are similarly color coded for easy differentiation. The red colored MAs and arrows above the price line are the Improved Pi-Cycle Top Indicator. The green colored MAs and arrows below the price line are the Original Pi-Cycle Top Indicator. The blue colored MAs and arrows below the green lines and price line are the Pi-Cycle Bottom Indicator. One last feature of the chart is the use of the location function to enable easy comparison of the crossings of each indicator to the indicator itself and to the price. This can be accomplished simply by moving the chart up and down. **{I should note that while researching this I found that BitcoinMamo turns out to have beat me to the punch on the Improved Indicator Long.Short and Multiplier numbers. He should therefor get the credit for that}
Pine Script® indicator
by MarkLefevre
2
Bitcoin Indicator CBitcoin Indicator C is the missing part of the whole picture. It must be used together with Bitcoin Indicator B for the best results possible! Indicator B is to find the entry on the market sharp, while the new Indicator C will help you to find the zone where it's time to look for the entry. The dots do NOT represent the start nor the end of the trend, they only show the cross of the waves. Indicator C was created to see the bigger picture of the market. You will see 3 waves on the indicator. The white wave is the main indication of the trend, however all of them should be considered together. Think about it as a painting so just step back and watch the whole picture. If you see the waves topping and start to form a downtrend it's time to find your entry on Indicator B. Also when you see waves bottoming it's time to look for the entry of the Long trade. When all of 3 waves moving together parallel from the top to the bottom that's a strong downtrend. Opposite occurs when there is a strong uptrend on the market. These waves were created to show unique repeating patterns, too. For example: White wave bottoming while others keep painting on the upside of the zero line. Other example if repeating waves getting lower and lower... Learn more about unique patterns on our website!
Pine Script® indicator
by bitcoinindicator
Aggregated Chaikin Money Flow - InFinitoModified Version of In-Built Chaikin Money Flow Indicator. Aggregated Volume is used for it's calculation + a couple of other features. Aggregation code originally from Crypt0rus ***The indicator can be used for any coin/symbol to aggregate volume , but it has to be set up manually*** ***The indicator can be used with specific symbol data only by disabling the aggregation option, which allows for it to be used on any symbol*** - Calculated based on Aggregated Volume instead of by symbol volume. Using aggregated data makes it more accurate and allows to compare volume flow between different kinds of markets (Spot, Futures , Perpetuals, Futures+Perpetuals and All Volume ). - As well, in order to make the data as accurate as possible, the data from each exchange aggregated is normalized to report always in terms of 1 BTC. In case this indicator is used for another symbol, the calculations can be adjusted manually to make it always report data in terms of 1 contract/coin. - Added Moving Average ( SMA , EMA , WMA , RMA, VWMA) that can be plotted to the CMF - Changed 0 line to a small range which tends to be more relevant than the 0 line. This range can be manually modified Things to look for: - Divergences: Can be a very good reversal signal - MA crossovers: Can be a very good confluent Buy/Sell signal - Center range retests: CMF is normally defined as bullish above 0 and bearish below 0. In this case it is above or below the middle range. Even if the start of the move was missed. The retest of the middle range can give very good entries. - Confluence of the latter
Pine Script® indicator
by In_Finito_
1
Bitcoin Golden Pi CyclesTops are signaled by the fast top MA crossing above the slow top MA, and bottoms are signaled by the slow bottom MA crossing above the fast bottom MA. Alerts can be set on top and bottom prints. Does not repaint. Similar to the work of Philip Swift regarding the Bitcoin Pi Cycle Top, I’ve recently come across a similar mathematically curious ratio that corresponds to Bitcoin cycle bottoms. This ratio was extracted from skirmantas’ Bitcoin Super Cycle indicator . Cycle bottoms are signaled when the 700D SMA crosses above the 137D SMA (because this indicator is closed source, these moving averages were reverse-engineered). Such crossings have historically coincided with the January 2015 and December 2018 bottoms. Also, although yet to be confirmed as a bottom, a cross occurred June 19, 2022 (two days prior to this article) The original pi cycle uses the doubled 350D SMA and the 111D SMA . As pointed out this gives the original pi cycle top ratio: 350/111 = 3.1532 ≈ π Also, as noted by Swift, 111 is the best integer for dividing 350 to approximate π. What is mathematically interesting about skirmanta’s ratio? 700/138 = 5.1095 After playing around with this for a while I realized that 5.11 is very close to the product of the two most numerologically significant geometrical constants, π and the golden ratio, ϕ: πϕ = 5.0832 However, 138 turns out to be the best integer denominator to approximate πϕ: 700/138 = 5.0725 ≈ πϕ This is what I’ve dubbed the Bitcoin Golden Pi Bottom Ratio. In the spirit of numerology I must mention that 137 does have some things going for it: it’s a prime number and is very famously almost exactly the reciprocal of the fine structure constant (α is within 0.03% of 1/137). Now why 350 and 700 and not say 360 and 720? After all, 360 is obviously much more numerologically significant than 350, which is proven by the fact that 360 has its own wikipedia page, and 350 does not! Using 360/115 and 720/142, which are also approximations of π and πϕ respectively, this also calls cycle tops and bottoms. There are infinitely many such ratios that could work to approximate π and πϕ (although there are a finite number whose daily moving averages are defined). Further analysis is needed to find the range(s) of numerators (the numerator determines the denominator when maintaining the ratio) that correctly produce bottom and top signals.
Pine Script® indicator
by NgUTech
1
Crypto addict 7 Accurate Buy & Sell indicators The below indicators are recommended on the daily chart only. Yellow Diamond - Possible bottom of the market. This diamond will only flash a few times in a cycle on the BTC chart. This is actually one the BEST buying signal Green Buy – Buy Red Sell - Sell / take profits BIG red cross – Possible top and best signal to sell or take profits BIG green cross – possible bottom and the best signal to buy Silver Line – 111 MA The modified 111 moving average is also a very good indicator. The market will test this support/resistance before the 200 moving average. Purple line – 200 MA The modified 200 moving average is a very good indicator. You will get a feel if the markets are in a up or down trend and identifying support and resistance areas. A daily candle close above the line is support and markets can move upwards. A daily close below indicate resistance and markets will move downwards Red line – Confirmed bullish / bearish cycle!! Green Line - This MA line indicate the bottom of the cycle - your absolute best entry point for the next cycle. This MA got a 10-year accurate record. Remember that past history does not guarantee future results.
Pine Script® indicator
by Crypto7addict
1
BTC Active Address Momentum (On-chain)This indicator shows the difference between the % change in BTC price and the % change in BTC’s active addresses (BTC’s utility value). - Dark red: Extreme overbought conditions BTC price is increasing too fast and outgrows the increase in its utility value (RSI of % change difference > 70) - Light red: Overbought conditions BTC price is increasing too fast and outgrows the increase in its utility value (RSI of % change difference > 60) - Dark green: Extreme oversold conditions BTC price is dropping too fast and outruns the decrease in its utility value (RSI of % change difference < 30) - Light green: Oversold conditions BTC price is dropping too fast and outruns the decrease in its utility value (RSI of % change difference < 40) *Not financial advice.
Pine Script® indicator
by Phi-Deltalytics
1
BTC Active Address Trend (On-chain)This indicator compares the % change in BTC price and the % change in BTC’s active addresses (BTC’s utility value). 1. % changes in BTC price & active addresses - Orange line: BTC’s price change (%) - Gray line: BTC’s active address change (%) - Red/Yellow/Green lines: Bollinger bands for change in active address 2. Trend: - Green circles: Bullish Sentiment Trend Market sentiment is bullish and BTC price outgrows the increase in its utility value (overpricing) - Red circles: Bearish Sentiment Trend Market sentiment is bearish and BTC price drops more than the decrease in its utility value (underpricing) 3. Potential Re-Entries: - Green/Red triangles: potential bullish/bearish entries When % change of BTC price gets similar to that of active addresses *Not financial advice.
Pine Script® indicator
by Phi-Deltalytics
2
Everything Bitcoin [Kioseff Trading]Hello! This script retrieves most of the available Bitcoin data published by Quandl; the script utilizes the new request.security_lower_tf() function. Included statistics, True price Volume Difficulty My Wallet # Of Users Average Block Size api.blockchain size Median Transaction Confirmation Time Miners' Revenue Hash Rate Cost Per Transaction Cost % of Transaction Volume Estimated Transaction Volume USD Total Output Volume Number Of Transactions Per Block # of Unique BTC Addresses # of BTC Transactions Excluding Popular Addresses Total Number of Transactions Daily # of Transactions Total Transaction Fees USD Market Cap Total BTC Retrieved data can be plotted as line graphs; however, the data is initially split between two tables. The image above shows how the requested Bitcoin data is displayed. However, in the user inputs tab, you can modify how the data is displayed. For instance, you can append the data displayed in the floating statistics box to the stagnant statistics box. The image above exemplifies the instance. You can hide any and all data via the user inputs tab. In addition to data publishing, the script retrieves lower timeframe price/volume/indicator data, to which the values of the requested data are appended to center-right table. The image above shows the script retrieving one-minute bar data. Up arrows reflect an increase in the more recent value, relative to the immediately preceding value. Down arrows reflect a decrease in the more recent value relative to the immediately preceding value. The ascending minute column reflects the number of minutes/hours (ago) the displayed value occurred. For instance, 15 minutes means the displayed value occurred 15 minutes prior to the current time (value). Volume, price, and indicator data can be retrieved on lower timeframe charts ranging from 1 minute to 1440 minutes. The image above shows retrieved 5-minute volume data. Several built-in indicators are included, to which lower timeframe values can be retrieved. The image above shows LTF VWAP data. Also distinguished are increases/decreases for sequential values. The image above shows a dynamic regression channel. The channel terminates and resets each fiscal quarter. Previous channels remain on the chart. Lastly, you can plot any of the requested data. The new request.security_lower_tf() function is immensely advantageous - be sure to try it in your scripts!
Pine Script® indicator
by KioseffTrading
32
Scalping Alice 3/5INTRO Scalping Alice is a work in progress. I made it to help with my Scalping Long strategy as a helper for entrances. This instance of the indicator is for 3min and 5min chart analysis only. It still needs to further adopt and calibrate multi-frame data, but for the moment it takes from the Daily, the Hourly and the 15min. It is meant to be used WITHOUT candles. This is because, one of the goals I'm trying to achieve is to compress data and leave out unwanted noise. The 3min and 5min candles are very dynamic (specially in the crypto market), so I don't need to know the whole OHLC, but I do need a range. COMPONENTS Small Blob The first component is the current time-frame Price Blob. The top line is the candle Highs and the bottom line is the candle Lows. The Price Blob's Color changes according to a Double RSI which you can modify the values for. The default is 13 for the Fast RSI and 34 for the Slow RSI. When the Fast RSI is on top it turns Green. When the Slow RSI is on top it turns Red. Big Blob The Outer Blob is the same as the inner blob, but in the 15min time-frame. It changes color the exact same way, but with 15min values. WMA Line The closest line to the blob is the WMA line. You can change the default value, which is 21. The color changes according to a complex modifier, that I will try to explain, but most likely fail. It takes a sort of Tenkan (see Ichimoku Cloud if you don't know what a Tenkan is) value from the 15min chart and the Hourly chart. It then compares the difference from these Tenkans and adds it to the 15min mid price. And finally tries to find a fast Trend of the movement of the price for the last 3 candles. The Tenkan value can be changed from it's default 3. Be wary, this changes the Tenkans for all the timeframes. Blue Tenkan The slower line is an Hourly Tenkan but with a value of 9. Saturation Clouds The last piece are the orange Saturation Clouds. These appear in bigger price movements and work weirdly. They are differences between Hourly Tenkan and current frame Tenkan, along added to the mid point of the price and a little bit of Bollinger math. Again, hard to explain, but they are very useful. Maybe one of the most useful parts of Alice. BULL AND BEAR Bullish : - Green Small Blob - Green Big Blob - Green WMA - Small Price Blob Above WMA - Small Price Blob Above Blue Tenkan - Small Price Blob Inside Upper Saturation Cloud - Lower Saturation Cloud appears but DOES NOT touch Small Price Blob Bearish - Red Small Blob - Red Big Blob - Red WMA - Small Price Blob Below WMA - Small Price Blob Below Blue Tenkan - Small Price Blob Inside Lower Saturation Cloud - Upper Saturation Cloud appears but DOES NOT touch Small Price Blob SMALL TIPS Saturation Clouds When the Saturation Clouds appear, it is an indication of strong price decision. If it appears but it is far from the Small Blob then this indicates Price Reversal. Most likely a nice moment to enter an opposite trend trade. If the cloud appears touching the Small Blob and the Small Blob enters the cloud, this is Trend Confirmation. The price is going to go strongly towards the Trend is is on. Most likely a nice moment to enter an accompanying trend trade. Price Bounce The Small Blob bounces inside the Big Blob. This is very useful for numerous short plays. You have better chances opening longs when the price is on the Lower parts of the Blobs. The same goes for shorts on the Upper Parts. Slow and Fast The color of the WMA is a very fast indicator, it's the least reliable one. Then comes the Small Blob color, then comes the WMA itself. Following that you have the Big Blob color, then the blue Tenkan. And finally the Saturation Clouds are the most reliable part. FINAL THOUGHTS This is a publishable version of this strategy. I hope to keep working on these types of strategies, maybe even upgrading this one. Enjoy, share and leave comments!
Pine Script® indicator
by nanunaki
2
Bitcoin OnChain & Other MetricsHi all,   In these troubled times, going back to fundamentals can sometimes be a good idea 😊 I put this one up using data retrieved from “Nasdaq Data Link” and their “Blockchain.com” database. Here is a good place to analyses some Bitcoin data “outside” its price action with 25 different data sets. Just go to the settings menu and display the ones you are interested in. If you want me to add more metrics, feel free to DM or comment below!   Hope you enjoy 😉  
Pine Script® indicator
by LucasVivien
Cryptogrithm's Secret Momentum and Volatility IndicatorThis indicator is hard-coded for Bitcoin, but you may try it on other asset classes/coins. I have not updated this indicator in over 3 years, but it seems to still work very well for Bitcoin. This indicator is NOT for beginners and is directed towards intermediate/advanced traders with a sensibility to agree/disagree with what this indicator is signalling (common sense). This indicator was developed back in 2018 and I has not been maintained since, which is the reason why I am releasing it. (It still works great though! At the time of this writing of May 2022). How to use: Terms: PA (Price Action): Literally the candlestick formations on your chart (and the trend formation). If you don't know how to read and understand price action, I will make a fast-track video/guide on this later (but in the meanwhile, you need to begin by learning Order-Flow Analysis, please google it first before asking). CG Level (Cryptogrithm Level/Yellow Line): PA level above = bullish, PA level below = bearish CG Bands (Cryptogrithm Bands): This is similar to how bollingers work, you can use this the same was as bollinger bands. The only difference is that the CG bands are more strict with the upper and lower levels as it uses different calculations to hug the price tighter allowing it to be more reactive to drastic price changes (earlier signals for oversold/overbought). CG Upper Band (Red Upper Line): Above this upper bound line means overbought. CG Middle Band (Light Blue Line): If PA trades above this line, the current PA trend is bullish continuing in the uptrend. If PA trades below this line, the current PA trend is bearish continuing in the downtrend. This band should only be used for short-term trends. CG Lower Band (Green Lower Line): Below this lower bound line means oversold. What the CG Level (yellow line) tells you: PA is trading above CG Level = Bullish PA is trading below CG Level = Bearish Distance between CG Level and price = Momentum What this means is that the further away the price is from the CG Level, the greater the momentum of the current PA trend. An increasing gap between the CG Level and PA indicates the price's strength (momentum) towards the current upward/downward trend. Basically when the PA and CG Level diverge, it means that the momentum is increasing in the current trend and when they converge, the current trend is losing momentum and the direction of the PA trend may flip towards the other direction (momentum flip). PA+CG Level Momentum: To use the CG Level as a momentum indicator, you need to pay attention to how the price and the CG level are moving away/closer from each other: PA + CG Level Diverges = Momentum Increasing PA + CG Level Converges = Momentum Decreasing Examples (kind of common sense, but just for clarity): Case 1: Bullish Divergence (Bullish): The PA is ABOVE and trending AWAY above from the CG Level = very bullish, this means that momentum is increasing towards the upside and larger moves will come (increasing gap between the price and CG Level) Case 2: Bearish Convergence (Bearish): - The PA is ABOVE the CG Level and trending TOWARDS the CG Level = bearish, there is a possibility that the upward trend is ending. Look to start closing off long positions until case 1 (divergence) occurs again. Case 3: Neutral - The PA is trading on the CG Level (no clear divergence or convergence between the PA and CG Level) = Indicates a back and forth (tug of war) between bears and bulls. Beware of choppy price patterns as the trend is undecisive until either supply/liquidity is dried out and a winner between bull/bear is chosen. This is a no trade zone, but do as you wish. Case 4: Bearish Divergence (Bearish): The PA is BELOW and trending AWAY BELOW from the CG Level = very bearish, this means that momentum is increasing towards the downside and larger downward moves will come (increasing gap between the price and CG Level). Case 5: Bullish Convergence (Bullish): - The PA is BELOW the CG Level and trending TOWARDS the CG Level = bullish, there is a possibility that the downward trend is ending and a trend flip is occuring. Look to start closing off short positions until case 4 (divergence) occurs again. CG Bands + CG Level: You can use the CG bands instead of the PA candles to get a cleaner interpretation of reading the momentum. I won't go into detail as this is pretty self-explanatory. It is the same explanation as PA+CG Level Momentum, but you are replacing the PA candles with the CG Bands for interpretation. So instead of the PA converging/diverging from the CG Level, the Upper and Lower Bound levels are converging/diverging from the CG level instead. Convergence: CG Level (yellow line) trades inside the CG bands Divergence: CG Level (yellow line) trades outside the CG bands Bullish/Bearish depends on whether the CG Band is trading below or above the CG level. If CG Band is above the CG Level, this is bullish. If CG Band is below the CG level, this is bearish. Crosses (PA or CG Band crosses with CG level): This typically indicates volatility is incoming. There are MANY MANY MANY other ways to use this indicator that is not explained here and even other undiscovered methods. Use some common sense as to how this indicator works (it is a momentum indicator and volatility predictor). You can get pretty creative and apply your own methods / knowledge to it and look for patterns that occur. Feel free to comment and share what you came up with!
Pine Script® indicator
by Cryptogrithm
VMC Oracle This is Oracle. It is a momentum driven indicator with behind-the-scenes filters designed to best indicate the oversold and overbought points on most assets. Oracle partially uses a regression equation displayed in line format with a predetermined spacing to indicate different support and resistance points within the last 100 bars. When used in combination with the smoothed oscillator and moving averages it becomes a powerful tool in your box. It is important to keep in mind that because this indicator is always looking at the last 100 bars the user will need to use the “replay” function on Tradingview for the best manual back-testing to the triggers as possible. It should become clear that when its in the red zone above the ‘zero’ line that the potential for downward movement is greater. The bottom or below ‘zero’ green zone indicates a potential time to buy. In addition to the regression lines, the indicator is supplied with a basic moving average application involving cross analysis. The two lines in cooperation help the user determine when the overall trend is shifting. As an example, when the overall trend may be indicating a bearish market or downtrend it may be beneficial to consider any of Oracle’s triggers that may be opposite more closely. Some of the alerts will trigger in what appears to be opposite trending areas such as a buy trigger when the averages indicate a bearish period. When this happens, it is up to the user utilize other confirmation type tools to assist in the decision of the oracle triggers. The reason for this is that Oracle is designed to predict the change in the market before or during a peak or through area on the graph. The success can be large but this can reduce the automatic trigger’s success in which loss management must be executed. The custom alert function built in is designed to automate the visual comparisons of the two items above. By considering trend, immediate resistance and support lines, and momentum we can help visually indicate the points of possible exhaustion in either direction. When setting up the alert it's as simple as a new alert creation and selecting the VMC Oracle Indicator in the top drop down. After that its as simple as selecting Long Alert or Short alert. As with any tool it is recommended to understand the asset being traded and providing yourself with the best risk management rules to minimize unfavorable movements.
Pine Script® indicator
by vumanchu
14
OptimaLiteThe OptimaLite algorithm performs the calculation of the integrated profits and losses for all the buyers and sellers that they have for the given “Calculation period” back in history for every time point. The idea is based on the principle of the accumulation and distribution of the capital among the market participants leading to the price trend change. The indicator consists of the several components (signal lines): 1) “Return” – the main signal that reflects the integrated profits and losses delta (the “Return” moving average is added) 2) “Profit” and “Loss” – integrated profits and losses correspondingly 3) “Return Normalized” – the normalized “Return” for a given period of time 4) “Return High Frequency” – the “Return” signal compensated with the short-term fluctuations by RSI How to use the indicator: – Highs and lows of the indicator are associated with the overbought and oversold conditions points correspondingly. – Crosses of the moving average with the main indicator line are associated with the trend change – Divergencies between the indicator and price highs or lows can be used as signals for the trend reversal – “Profit” and “Loss” signal lines intersections indicate the bulls/bears take over the market Adjustments: The periods of the calculation, averaging and normalization are the main parameters that could be tuned in order to optimize the indicator performance. Generally, the default values are sufficient for the nominal performance thought. But the best combination of those parameters is specific for each asset and timeframe, so it recommended to optimize them.
Pine Script® indicator
by Crypto-Hamster
super SSL [ALZ]This script is designed and optimized for MULTI TIME by Ali Zebardast (ALZ) 1.in part of ssl Original Version credits to Mihkel00 Actual Version i just set alerts and change the parameters for BTCUSDT 1min Chart. He designed for daily time. I tried to optimize 1 min time-frame . And fix the errors with OTT "This script has a SSL / Baseline (you can choose between the SSL or MA), a secondary SSL for continiuation trades and a third SSL for exit trades. Alerts added for Baseline entries, SSL2 continuations, Exits. Baseline has a Keltner Channel setting for "in zone" Gray Candles Added "Candle Size > 1 ATR" Diamonds from my old script with the criteria of being within Baseline ATR range." 2.in part of Range two Filter Buy and Sell for 3min Wait For Bar close ssl2 :Be under the candle for buy and The bar color must confirm the order of purchase (Blue) 3.in part of OTT when candles close over HOTT, means an UPTREND SIGNAL and to Fuchia when candles begin closing under LOTT line to indicate a DOWNTREND SIGNAL. FLAT ZONE is highlighted also to have the maximum concentration on sideways market conditions. There are three quantitative parameters in this indicator: The first parameter in the OTT indicator set by the two parameters is the period/length. OTT lines will be much sensitive to trend movements if it is smaller. And vice versa, will be less sensitive when it is longer. As the period increases it will become less sensitive to little trends and price actions. In this way, your choice of period, will be closely related to which of the sort of trends you are interested in. The OTT percent parameter in OTT is an optimization coefficient. Just like in the period small values ​​are better at capturing short term fluctuations, while large values will be more suitable for long-term trends. The final adjustable quantitative parameter is HIGHEST and LOWEST length which is the source of calculations. Credits go to: SSL Hybrid www.tradingview.com HIGH and LOW OTT : www.tradingview.com Range Filter www.tradingview.com
Pine Script® indicator
by AliZebardast
2
MACD of Aggregated Buy/Sell Pressure - InFinitoModified & Updated script from MARKET VOLUME by Ricardo M Arjona @XeL_Arjona that Includes Aggregated Volume Aggregation code originally from Crypt0rus ***The indicator can be used for any coin/symbol to aggregate volume , but it has to be set up manually*** ***The indicator can be used with specific symbol data only by disabling the aggregation option, which allows for it to be used on any symbol*** - Calculated based on Aggregated Volume instead of by symbol volume . Using aggregated data makes it more accurate and allows to compare volume flow between different kinds of markets (Spot, Futures , Perpetuals, Futures+Perpetuals and All Volume ). - As well, in order to make the data as accurate as possible, the data from each exchange aggregated is normalized to report always in terms of 1 BTC . In case this indicator is used for another symbol, the calculations can be adjusted manually to make it always report data in terms of 1 contract/coin. Buy to Sell Convergence / Divergence by @XeL_Arjona: "It's a simple adaptation of the popular "Price Percentage Oscillator" or MACD but taking Buying Pressure against Selling Pressure Averages, so given a Positive oscillator reading (>0) represents Bullish dominant Trend and a Negative reading (<0) a Bearish dominant Trend. Histogram is the diff between RAW Volume Pressures Convergence/Divergence minus Normalized ones (Signal) which helps as a confirmatory." Things to look for: - Divergences: This indicator can very useful to spot tops and bottoms through divergences
Pine Script® indicator
by In_Finito_
1
Buy/Sell Aggregated Delta Pressure - InFinitoModified & Updated script from MARKET VOLUME by Ricardo M Arjona @XeL_Arjona that Includes Aggregated Volume , Delta Buy/Sell Pressure Aggregation code originally from Crypt0rus ***The indicator can be used for any coin/symbol to aggregate volume , but it has to be set up manually*** ***The indicator can be used with specific symbol data only by disabling the aggregation option, which allows for it to be used on any symbol*** - Calculated based on Aggregated Volume instead of by symbol volume . Using aggregated data makes it more accurate and allows to compare volume flow between different kinds of markets (Spot, Futures , Perpetuals, Futures+Perpetuals and All Volume ). - As well, in order to make the data as accurate as possible, the data from each exchange aggregated is normalized to report always in terms of 1 BTC . In case this indicator is used for another symbol, the calculations can be adjusted manually to make it always report data in terms of 1 contract/coin. - Buy/Sell Pressure: Smoothens the buy and sell volume into a signal for each. Which makes it easier to identify Buy and Sell Volume Flow. - Buy/Sell Delta Pressure: Calculates the difference between Buy & Sell Pressure and plots a Delta signal that shows who is in control currently. - Buy/Sell + Delta Pressure: Displays both Buy & Sell Pressure and Delta pressure. This can help to visualize who is in control but also how much pressure there is on each side. - A Moving Average can be plotted to the Delta pressure. This, with confluence, can give great entries/exits Things to look for: - Divergences: If price keeps moving in one direction but the pressure to that side decreases it can be inferred that the move might slow down soon or revert. As well if pressure to one side increases but price does not react to it, it signals that the other side is stronger. - MA/Zero Crossovers: Delta Pressure Crossover of its moving average or the 0 Line can indicate direction changes prematurely
Pine Script® indicator
by In_Finito_
2
FieryTrading Long-Term Bitcoin Investor ToolDear community, Today I want to present you one of my favorite scripts for long-term Bitcoin trading. I'm publishing this script because I think it will help traders to become more profitable in the long-term. Consequently, this script is targeted at long-term investors only, since it can take years before the price goes from the green area to the red area. To use this script correctly you will need to use the BTCUSD index from Tradingview. Search "Bitcoin Index" in your symbol search bar, top result. Use daily candles on a logarithmic scale. This scripts consists of two price bands, green and red. The green band has historically been a great area for the accumulation of BTC, whilst the red area has historically been a great area for exiting BTC. You could say that if the price is in (or below) the green bands BTC is undervalued, with the opposite being true for the red bands. If you wish to add alerts to this script, simply click on the alert button > condition=Fierytrading BTC Tool. You can add alerts when the price enters the green area (Buy Area Cross) or red area (Sell Area Cross). This simple script has historically proven to be very efficient at identifying bottoms (accumulation) and tops (distribution). Be aware that the usability of this script is not guaranteed in the future.
Pine Script® indicator
by FieryTrading
6
SOPR Candles OscillatorThe Spent Output Profit Ratio (SOPR) is computed by dividing the realized value (in USD) divided by the value at creation (USD) of a spent output. Or simply: price sold / price paid. This metric was created by Renato Shirakashi. The indicator provides insight into macro market sentiment, profitability and losses taken over a particular time-frame. It reflects the degree of realized profit for all coins moved on-chain. SOPR is measured by taking the ratio between the fiat value at the time of UTXO creation, and the fiat value when the UTXO is spent. In this indicator, I have essentially created an index that measures SOPR value on any given day. This is visually displayed as an oscillator. SOPR values greater than 0 implies that the coins moved that day are, on average, selling at a profit (price sold is greater than the price paid). SOPR value less than 0 implies that the coins moved that day are, on average, selling at a loss (price sold is less than the price paid). You have the ability to see the SOPR of BTC , ETH and LTC. You can also smooth the SOPR using an EMA or SMA of your choice. I have added colored bars to the chart to make it easier to visualize SOPR and it's relation to price action. Thank you to both TradingView and Glassnode for adding all the on-chain data.
Pine Script® indicator
by Gokubro
Aggregated Money Flow Index - InFinitoModified Version of In-Built Money Flow Index Indicator. Aggregated Volume is used for it's calculation + a couple of other features. Aggregation code originally from Crypt0rus ***The indicator can be used for any coin/symbol to aggregate volume , but it has to be set up manually*** ***The indicator can be used with specific symbol data only by disabling the aggregation option, which allows for it to be used on any symbol*** - Calculated based on Aggregated Volume instead of by symbol volume . Using aggregated data makes it more accurate and allows to compare volume flow between different kinds of markets (Spot, Futures , Perpetuals, Futures+Perpetuals and All Volume ). - As well, in order to make the data as accurate as possible, the data from each exchange aggregated is normalized to report always in terms of 1 BTC . In case this indicator is used for another symbol, the calculations can be adjusted manually to make it always report data in terms of 1 contract/coin. - Added Moving Average ( SMA , EMA , WMA , RMA, VWMA ) that can be plotted to the MFI - Added 10/90 level and 45/55 range level Things to look for: - Divergences: Can be a very good reversal signal - MA crossovers & Oversold/Overbought levels crossover: With proper confluence, entering a position at MA crossover and exiting at oversold/overbought levels can give very good swing setups (Or scalps on LTF) - Center range retests: Once in a trend, retesting the middle range can give very good entries and confirmations of the trend - Confluence of the latter: In combination, if more than one of these occur at the same time it can give more clarity regarding the current state of the market.
Pine Script® indicator
by In_Finito_
2