OPEN-SOURCE SCRIPT
Diupdate Hash Ribbons
Buying during Miner Capitulation yields wonderful returns.
The best buy signals occur on Hash Rate "recovery", and when price momentum is also positive.
Historically, this strategy has yielded average returns to cycle peak of >5000%, with max Drawdown of -15%.
Follow me to learn more about this indicator.
The best buy signals occur on Hash Rate "recovery", and when price momentum is also positive.
Historically, this strategy has yielded average returns to cycle peak of >5000%, with max Drawdown of -15%.
Follow me to learn more about this indicator.
Catatan Rilis
Updated shape titles.Catatan Rilis
Cleaned up chart/code. No technical changes.Catatan Rilis
More chart formatting for clarity on "light" TradingView theme.No technical changes.
Catatan Rilis
Release Notes: Update v1.1
All prior calculation logic remains unchanged.
This Update includes:- Fix of re-painting issue on live data. This stop false alerts before the daily bar has closed. On live data, yesterday’s Hash Rates will be used regardless of the Bitcoin ticker symbol you are looking at.
- Addition of multi-time-frame management. This now gives you the ability to use this indicator on any time-frame (Minutely, Hourly, Daily) and always know you are looking at the Hash rate values from yesterday's close.
Enjoy!
Catatan Rilis
Added optional Hash Rate "Growth" Oscillator.To use, change the indicator setting "Plot Type" to "Oscillator".
For more information, see my TradingView "Idea": "Miner Confusion? An Unusual State in Hash Rate Growth"
Catatan Rilis
Added "Capitulation" and "Recovery" text to plotCatatan Rilis
- Added chart "alerts" for easier notification
- Added chart shape "titles"
- Minor chart formatting tweaks
- No calculation changes
Catatan Rilis
- Added notes in code explaining how to use the "Spring" (copied below)
- Added option to display raw Hash Rate
- Fixed minor bug where 1 blue circle in 2012 didn't appear on the chart
The "Spring" is the confirmed Miner Capitulation period:
- The 1st "gray" circle is the start of Capitulation (1 month Hash Rate crosses UNDER 2 month Hash Rate)
- Last "green" circle is the end of Capitulation (1 month Hash Rate crosses OVER 2 month Hash Rate)
- The "greener" the spring gets (up until blue) represents Hash Rate recovery (it is increasing)
- The "blue" circle is the first instance of positive momentum following recovery of Hash Rate (1m HR > 2m HR). This is historically a rewarding place to buy with limited downside.
Catatan Rilis
Small fix for intra-day time frame management.Catatan Rilis
Minor code tweak.Catatan Rilis
Minor code optimization - no logic change.Catatan Rilis
Updated projected date for the 3rd halving in May 2020.Catatan Rilis
sourcingCatatan Rilis
Sourcing updateCatatan Rilis
Updated script to use "Into the block" datasource given Nasdaq data hasn't updated in a month.Skrip open-source
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Pernyataan Penyangkalan
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.
Skrip open-source
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Pernyataan Penyangkalan
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.