OPEN-SOURCE SCRIPT

Average Cap [aamonkey]

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This is the "forever" moving average of the Market Cap.

The cumulative sum of the daily Market Cap values divided by the age of the market in days.

Can be seen as an ultimate bottom that should never be touched and if so is a good buying opportunity.

The default settings are for BTC.

If you want to test this indicator on another chart you have to change the launch date settings (and maybe play around with the multiplier).

Some Interesting Launch dates:
- BTC: 3 JAN 2009
- ETH: 30. JUL 2015
- LTC: 7. OCT 2011

This indicator is also the base for other indicators like my "Top Cap" indicator.

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.