Bitduke

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.

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.

The percentage change between recovered cases

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

Sejalan dengan semangat TradingView, penulis skrip ini telah mempublikasikannya secara open-source, sehingga para trader dapat memahami dan memverifikasinya. Salut untuk sang penulis! Anda dapat menggunakannya secara gratis, tetapi penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk dapat menggunakannya didalam sebuah chart.

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