OPEN-SOURCE SCRIPT
Covid-19 CFR, Difference Indicator [Bitduke]
Simple indicator to track case fatality rate and difference in deaths | recovered cases for novel coronavirus. It could help to trace the impact on the stock market and cryptocurrencies.
[Red line] Case fatality rate (CFR) - an indicator equal to the ratio of the number of deaths from a disease to the number of patients with this disease for a certain period of time. That is, if CFR = 30% it means one died, two cured out of 3 infected.
[Green line] The percentage change between recovered cases
[Black line] The percentage change between deaths
Assumption
It can be assumed that if we consider bitcoin as a store of value, then when the situation getting worse (CFR + deaths difference increase and recovery difference decreases) bitcoin price tends to rise and vice versa.
But this is only an assumption that requires additional tests; there is still little data for a robust statistical analysis.
[Red line] Case fatality rate (CFR) - an indicator equal to the ratio of the number of deaths from a disease to the number of patients with this disease for a certain period of time. That is, if CFR = 30% it means one died, two cured out of 3 infected.
[Green line] The percentage change between recovered cases
[Black line] The percentage change between deaths
Assumption
It can be assumed that if we consider bitcoin as a store of value, then when the situation getting worse (CFR + deaths difference increase and recovery difference decreases) bitcoin price tends to rise and vice versa.
But this is only an assumption that requires additional tests; there is still little data for a robust statistical analysis.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart
Inggin menggunakan skrip ini pada chart?
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.