GODMODE OSCILLATOR, FRESH BREAD GENERATOR, FREE TO USE!Greetings Mates,
!!! If you want to use this tool for free you have to to following steps:
1) say thanks to LEGION who coded the first version.
2) say thanks to LAZYBEAR cause we ripped some code snippets from him.
3) say thanks to Ni6HTH4wK who coded the latest version.
4) say thanks to xSilas who gave the idea.
5) I know i said its a FREE Tool and you dont need to donate me cause i have Godmode :), but lets have a litte thought on all the people that are a bit poorer than us. It would be really great if we get some DOLLARS for a great charity action for children.
6) Feel free to spend some Bitcoins to this Address: 1BNjs1Prsux8YQawVWYfiYoxzoKzfReckX
(i start and going to spend 1 BTC) (! the spended amount is revealed at the end!)
7) If you know said thankyou to everybody and may spend some dollars we can go on with Godmode trading.
8) Enjoy the Tool, merry Xmas and cheers for another great volatile bitcoin year :).
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Godmode How To:
1) Spikey Pattern ^
Godmode spikes with 0-5 caution dots, great OTE Signal.
2) Snake Pattern ~
extreme pressure building, more movement
in same direction following.
3) Rounding Pattern U
more than 5 caution dots, rounding
pressure building "normally" more to come
Cari skrip untuk "bitcoin"
Global Liquidity Proxy vs BitcoinGlobal Liquidity Proxy vs Bitcoin. Helps to understand the cycles with liquidty.
Adaptive MVRV & RSI Strategy V6 (Dynamic Thresholds)Strategy Explanation
This is an advanced Dollar-Cost Averaging (DCA) strategy for Bitcoin that aims to adapt to long-term market cycles and changing volatility. Instead of relying on fixed buy/sell signals, it uses a dynamic, weighted approach based on a combination of on-chain data and classic momentum.
Core Components:
Dual-Indicator Signal: The strategy combines two powerful indicators for a more robust signal:
MVRV Ratio: An on-chain metric to identify when Bitcoin is fundamentally over or undervalued relative to its historical cost basis.
Weekly RSI: A classic momentum indicator to gauge long-term market strength and identify overbought/oversold conditions.
Dynamic, Self-Adjusting Thresholds: The core innovation of this strategy is that it avoids fixed thresholds (e.g., "sell when RSI is 70"). Instead, the buy and sell zones are dynamically calculated based on a long-term (2-year) moving average and standard deviation of each indicator. This allows the strategy to automatically adapt to Bitcoin's decreasing volatility and changing market structure over time.
Weighted DCA (Scaling In & Out): The strategy doesn't just buy or sell a fixed amount. The size of its trades is scaled based on conviction:
Buying: As the MVRV and RSI fall deeper into their "undervalued" zones, the percentage of available cash used for each purchase increases.
Selling: As the indicators rise further into "overvalued" territory, the percentage of the current position sold also increases.
This creates an adaptive system that systematically accumulates during periods of fear and distributes during periods of euphoria, with the intensity of its actions directly tied to the extremity of market conditions.
M2 Liqudity WaveGlobal Liquidity Wave Indicator (M2-Based)
The Global Liquidity Wave Indicator is designed to track and visualize the impact of global M2 liquidity on risk assets—especially those highly correlated to monetary expansion, like Bitcoin, MSTR, and other macro-sensitive equities.
Key features include:
Leading Signal: Historically leads Bitcoin price action by approximately 70 days, offering traders and analysts a forward-looking edge.
Wave-Based Projection: Visualizes a "probability cloud"—a smoothed band representing the most likely trajectory for Bitcoin based on changes in global liquidity.
Min/Max Offset Controls: Adjustable offsets let you define the range of lookahead windows to shape the wave and better capture liquidity-driven inflection points.
Explicit Offset Visualization: Option to manually specify an exact offset to fine-tune the overlay, ideal for testing hypotheses or aligning with macro narratives.
Macro Alignment: Particularly effective for assets with high sensitivity to global monetary policy and liquidity cycles.
This tool is not just a chart overlay—it's a lens into the liquidity engine behind the market, helping anticipate directional bias in advance of price moves.
How to use?
- Enable the indicator for BTCUSD.
- Set Offset Range Start and End to 70 and 115 days
- Set Specific Offset to 78 days (this can change so you'll need to play around)
FAQ
Why a global liquidity wave?
The global liquidity wave accounts for variability in how much global liquidity affects an underlying asset. Think of the Global Liquidity Wave as an area that tracks the most probable path of Bitcoin, MSTR, etc. based on the total global liquidity.
Why the offset?
Global liquidity takes time to make its way into assets such as #Bitcoin, Strategy, etc. and there can be many reasons for that. It's never a specific number of days of offset, which is why a global liquidity wave is helpful in tracking probable paths for highly correlated risk assets.
Global M2 10-Week Lead (for bitcoin)This script displays a combined view of the Global M2 Money Supply, converted to USD and adjusted with a configurable forward lead (default 10 weeks). It is designed to help visualize macro liquidity trends and anticipate potential impacts on Bitcoin price movements across any timeframe.
🔹 Main Features:
- Aggregates M2 data from 18 countries and regions including the USA, Eurozone, China, Japan, and more.
- All M2 values are converted to USD using respective exchange rates.
- Customizable “Slide Weeks Forward” setting lets you project global liquidity data into the future.
- Works on all timeframes by adjusting the projection logic dynamically.
- Toggle each country’s data on or off to customize the liquidity model.
💡 Use Case:
Global liquidity is often a leading indicator for major asset classes. This tool helps traders and analysts assess macro-level trends and their potential influence on Bitcoin by looking at changes in M2 money supply worldwide.
💡 Inspired By:
This tool mimics the Global M2 10-Week Lead liquidity indicator often referenced by Raoul Pal of Real Vision and Global Macro Investor, used for macro analysis and Bitcoin movement prediction.
📊 Note:
All economic and FX data is sourced from TradingView’s built-in datasets (ECONOMICS and FX_IDC). Data availability may vary depending on your plan.
Panic Drop Bitcoin 5 EMA Buy & Sell SignalPanic Drop BTC 5 EMA
What It Does:
This indicator tracks Bitcoin’s price against a 5-period Exponential Moving Average (EMA) to deliver simple buy and sell signals. A green arrow below the candle signals a buy when Bitcoin closes above the 5-EMA, while a red arrow above signals a sell when it closes below. Perfect for spotting Bitcoin’s momentum shifts—whether you’re a newbie, crypto trader, or short on time.
Key Features:
Plots a customizable 5-EMA (default: blue line).
Buy () and Sell () signals on crossovers/crossunders.
Optional background highlight: green (above EMA), red (below).
Alerts for buy/sell triggers.
Fully adjustable: timeframe, colors, signal toggles.
How to Use It:
Add to your BTC/USD chart (works on any timeframe—daily default recommended).
Watch for green arrows (buy) below candles and red arrows (sell) above.
Customize via settings:
Adjust EMA period (default: 5).
Set timeframe (e.g., "D" for daily, "1H" for hourly).
Change colors or toggle signals/background off.
Set alerts: Right-click a signal > "Add Alert" > Select "Buy Signal" or "Sell Signal."
Trade smart: Use signals to catch Bitcoin dips (e.g., buy below $100K) or exits.
Why It’s Great:
Beginners: Clear arrows simplify decisions.
Crypto Traders: 5-EMA catches Bitcoin’s fast moves.
Busy Investors: Signals save time—no deep analysis needed.
Created by Timothy Assi (Panic Drop), eToro’s elite investor. Test it, tweak it, and trade with confidence!
Economic Crises by @zeusbottradingEconomic Crises Indicator by @zeusbottrading
Description and Use Case
Overview
The Economic Crises Highlight Indicator is designed to visually mark major economic crises on a TradingView chart by shading these periods in red. It provides a historical context for financial analysis by indicating when major recessions occurred, helping traders and analysts assess the performance of assets before, during, and after these crises.
What This Indicator Shows
This indicator highlights the following major economic crises (from 1953 to 2020), which significantly impacted global markets:
• 1953 Korean War Recession
• 1957 Monetary Tightening Recession
• 1960 Investment Decline Recession
• 1969 Employment Crisis
• 1973 Oil Crisis
• 1980 Inflation Crisis
• 1981 Fed Monetary Policy Recession
• 1990 Oil Crisis and Gulf War Recession
• 2001 Dot-Com Bubble Crash
• 2008 Global Financial Crisis (Great Recession)
• 2020 COVID-19 Recession
Each of these periods is shaded in red with 80% transparency, allowing you to clearly see the impact of economic downturns on various financial assets.
How This Indicator is Useful
This indicator is particularly valuable for:
✅ Comparative Performance Analysis – It allows traders and investors to compare how different assets (e.g., Gold, Silver, S&P 500, Bitcoin) performed before, during, and after major economic crises.
✅ Identifying Market Trends – Helps recognize recurring patterns in asset price movements during times of financial distress.
✅ Risk Management & Strategy Development – Understanding how markets reacted in the past can assist in making better-informed investment decisions for future downturns.
✅ Gold, Silver & Bitcoin as Safe Havens – Comparing precious metals and cryptocurrencies against traditional stocks (e.g., SPY) to analyze their performance as hedges during economic turmoil.
How to Use It in Your Analysis
By overlaying this indicator on your Gold, Silver, SPY, and Bitcoin chart (for example), you can quickly spot historical market reactions and use that insight to predict possible behaviors in future downturns.
⸻
How to Apply This in TradingView?
1. Click on Use on chart under the image.
2. Overlay it with Gold ( OANDA:XAUUSD ), Silver ( OANDA:XAGUSD ), SPY ( AMEX:SPY ), and Bitcoin ( COINBASE:BTCUSD ) for comparative analysis.
⸻
Conclusion
This indicator serves as a powerful historical reference for traders analyzing asset performance during economic downturns. By studying past crises, you can develop a data-driven investment strategy and improve your market insights. 🚀📈
Let me know if you need any modifications or enhancements!
Crypto Fear & Greed Score [Underblock]Crypto Fear & Greed Score - Methodology & Functioning
Introduction
The Crypto Fear & Greed Score is a comprehensive indicator designed to assess market sentiment by detecting extreme conditions of panic (fear) and euphoria (greed). By combining multiple technical factors, it helps traders identify potential buying and selling opportunities based on the emotional state of the market.
This indicator is highly customizable, allowing users to adjust weight parameters for RSI, volatility, Bitcoin dominance, and trading volume, making it adaptable to different market conditions.
Key Components
The indicator consists of two primary sub-scores:
Fear Score (Panic) - Measures the intensity of fear in the market.
Greed Score (Euphoria) - Measures the level of overconfidence and excessive optimism.
The difference between these two values results in the Net Score, which indicates the dominant market sentiment at any given time.
1. Relative Strength Index (RSI)
The indicator utilizes multiple RSI timeframes to measure momentum and overbought/oversold conditions:
RSI 1D (Daily) - Captures medium-term sentiment shifts.
RSI 4H (4-hour) - Identifies short-term market movements.
RSI 1W (Weekly) - Helps detect long-term overbought/oversold conditions.
2. Volatility Analysis
High volatility is often associated with fear and panic-driven selling.
Low volatility in bullish markets may indicate complacency and overconfidence.
3. Bitcoin Dominance (BTC.D)
Bitcoin dominance provides insights into capital flow between Bitcoin and altcoins:
Rising BTC dominance suggests fear as investors move into BTC for safety.
Declining BTC dominance indicates increased risk appetite and potential market euphoria.
4. Buying and Selling Volume
The indicator analyzes both buying and selling volume, ensuring a clearer confirmation of market sentiment.
High buying volume in uptrends reinforces bullish momentum.
Spikes in selling volume indicate panic and possible market bottoms.
Calculation Methodology
The indicator allows users to adjust weight parameters for each component, making it adaptable to different trading strategies. The formulas are structured as follows:
Fear Score (Panic Calculation)
Fear Score = (1 - RSI_1D) * W_RSI1D + (1 - RSI_4H) * W_RSI4H + (1 - Dominance) * W_Dominance + Volatility * W_Volatility + Sell Volume * W_SellVolume
Greed Score (Euphoria Calculation)
Greed Score = RSI_1D * W_RSI1D + RSI_4H * W_RSI4H + Dominance * W_Dominance + (1 - Volatility) * W_Volatility + Buy Volume * W_BuyVolume
Net Fear & Greed Score
Net Score = (Greed Score - Fear Score) * 100
Interpretation:
Above 70: Extreme greed -> possible overbought conditions.
Below -70: Extreme fear -> potential buying opportunity.
Near 0: Neutral market sentiment.
Trend Reversal Detection
The indicator includes two moving averages for enhanced trend detection:
Short-term SMA (50-periods) - Reacts quicklier to changes in sentiment.
Long-term SMA (200-periods) - Captures broader trend reversals.
How Crossovers Work:
Short SMA crossing above Long SMA -> Potential bullish reversal.
Short SMA crossing below Long SMA -> Possible bearish trend shift.
Alerts for SMA crossovers help traders act on momentum shifts in real-time.
Customization and Visualization
The Net Score dynamically changes color: green for greed, red for fear.
Users can adjust weightings directly from settings, avoiding manual script modifications.
Reference levels at 70 and -70 provide clarity on extreme market conditions.
Conclusion
The Crypto Fear & Greed Score provides a powerful and objective measure of market sentiment, helping traders navigate extreme conditions effectively.
🟢 If the Net Score is below -70, panic may present a buying opportunity.
🔴 If the Net Score is above 70, excessive euphoria may indicate a selling opportunity.
⚖️ Neutral values suggest a balanced market sentiment.
By customizing weight parameters and utilizing trend reversal alerts, traders can gain a deeper insight into market psychology and make more informed trading decisions. 🚀
Blockchain Fundamentals: Liquidity & BTC YoYLiquidity & BTC YoY Indicator
Overview:
This indicator calculates the Year-over-Year (YoY) percentage change for two critical metrics: a custom Liquidity Index and Bitcoin's price. The Liquidity Index is derived from a blend of economic and forex data representing the M2 money supply, while the BTC price is obtained from a reliable market source. A dedicated limit(length) function is implemented to handle limited historical data, ensuring that the YoY calculations are available immediately—even when the chart's history is short.
Features Breakdown:
1. Limited Historical Data Workaround
- Functionality: limit(length) The function dynamically adjusts the lookback period when there isn’t enough historical data. This prevents delays in displaying YoY metrics at the beginning of the chart.
2. Liquidity Calculation
- Data Sources: Combines multiple data streams:
USM2, ECONOMICS:CNM2, USDCNY, ECONOMICS:JPM2, USDJPY, ECONOMICS:EUM2, USDEUR
- Formula:
Liquidity Index = USM2 + (CNM2 / USDCNY) + (JPM2 / USDJPY) + (EUM2 / USDEUR)
[b3. Bitcoin Price Calculation
- Data Source: Retrieves Bitcoin's price from BITSTAMP:BTCUSD on the user-selected timeframe for its historical length.
4. Year-over-Year (YoY) Percent Change Calculation
- Methodology:
- The indicator uses a custom function, to autodetect the proper number of bars, based on the selected timeframe.
- It then compares the current value to that from one year ago for both the Liquidity Index and BTC price, calculating the YoY percentage change.
5. Visual Presentation
- Plotting:
- The YoY percentage changes for Liquidity (plotted in blue) and BTC price (plotted in orange) are clearly displayed.
- A horizontal zero line is added for visual alignment, making it easier to compare the two copies of the metric. You add one copy and only display the BTC YoY. Then you add another copy and only display the M2 YoY.
-The zero lines are then used to align the scripts to each other by interposing them. You scale each chart the way you like, then move each copy individually to align both zero lines on top of each other.
This indicator is ideal for analysts and investors looking to monitor macroeconomic liquidity trends alongside Bitcoin's performance, providing immediate insights.
Master Bitcoin & Litecoin Stock To Flow (S2F) ModelMaster Bitcoin & Litecoin Stock-to-Flow (S2F) Model
This indicator visualizes the Stock-to-Flow (S2F) models for Bitcoin (BTC) and Litecoin (LTC) based on Plan B's methodology. It calculates S2F and projects price models for both assets, incorporating daily changes in circulating supply. The script is designed exclusively for daily timeframes.
Features:
LTC & BTC S2F Models:
Calculates Stock-to-Flow values for both assets using daily new supply and circulating supply data.
Models S2F values with a customizable multiplier for precise adjustments.
500-Day Moving Average Models:
Smoothens the S2F model by applying a 500-day (18-month) moving average, providing a long-term trend perspective.
Customizable Inputs:
Adjust LTC and BTC multipliers to fine-tune the models.
Alert for Timeframe:
Alerts users to switch to the daily timeframe if another period is selected.
Plots:
LTC S2F Model: Blue line representing Litecoin’s calculated S2F-based price model.
BTC S2F Model: Orange line representing Bitcoin’s calculated S2F-based price model.
500-Day Avg Models: Smoothened S2F models for both LTC and BTC.
Notes:
Requires daily timeframe (1D) for accurate calculations.
Supply data is sourced from GLASSNODE:LTC_SUPPLY and GLASSNODE:BTC_SUPPLY.
Disclaimer:
This model is derived from Plan B's S2F methodology and is intended for educational and entertainment purposes only. It does not reflect official predictions or financial advice. Always conduct your own research before making investment decisions.
M2 Money Shift for Bitcoin [SAKANE]M2 Money Shift for Bitcoin was developed to visualize the impact of M2 Money, a macroeconomic indicator, on the Bitcoin market and to support trade analysis.
Bitcoin price fluctuations have a certain correlation with cycles in M2 money supply.In particular, it has been noted that changes in M2 supply can affect the bitcoin price 70 days in advance.Very high correlations have been observed in recent years in particular, making it useful as a supplemental analytical tool for trading.
Support for M2 data from multiple countries
M2 supply data from the U.S., Europe, China, Japan, the U.K., Canada, Australia, and India are integrated and all are displayed in U.S. dollar equivalents.
Slide function
Using the "Slide Days Forward" setting, M2 data can be slid up to 500 days, allowing for flexible analysis that takes into account the time difference from the bitcoin price.
Plotting Total Liquidity
Plot total liquidity (in trillions of dollars) by summing the M2 supply of multiple countries.
How to use
After applying the indicator to the chart, activate the M2 data for the required country from the settings screen. 2.
2. adjust "Slide Days Forward" to analyze the relationship between changes in M2 supply and bitcoin price
3. refer to the Gross Liquidity plot to build a trading strategy that takes into account macroeconomic influences.
Notes.
This indicator is an auxiliary tool for trade analysis and does not guarantee future price trends.
The relationship between M2 supply and bitcoin price depends on many factors and should be used in conjunction with other analysis methods.
Pulse DPO: Major Cycle Tops and Bottoms█ OVERVIEW
Pulse DPO is an oscillator designed to highlight Major Cycle Tops and Bottoms .
It works on any market driven by cycles. It operates by removing the short-term noise from the price action and focuses on the market's cyclical nature.
This indicator uses a Normalized version of the Detrended Price Oscillator (DPO) on a 0-100 scale, making it easier to identify major tops and bottoms.
Credit: The DPO was first developed by William Blau in 1991.
█ HOW TO READ IT
Pulse DPO oscillates in the range between 0 and 100. A value in the upper section signals an OverBought (OB) condition, while a value in the lower section signals an OverSold (OS) condition.
Generally, the triggering of OB and OS conditions don't necessarily translate into swing tops and bottoms, but rather suggest caution on approaching a market that might be overextended.
Nevertheless, this indicator has been customized to trigger the signal only during remarkable top and bottom events.
I suggest using it on the Daily Time Frame , but you're free to experiment with this indicator on other time frames.
The indicator has Built-in Alerts to signal the crossing of the Thresholds. Please don't act on an isolated signal, but rather integrate it to work in conjunction with the indicators present in your Trading Plan.
█ OB SIGNAL ON: ENTERING OVERBOUGHT CONDITION
When Pulse DPO crosses Above the Top Threshold it Triggers ON the OB signal. At this point the oscillator line shifts to OB color.
When Pulse DPO enters the OB Zone, please beware! In this Area the Major Players usually become Active Sellers to the Public. While the OB signal is On, it might be wise to Consider Selling a portion or the whole Long Position.
Please note that even though this indicator aims to focus on major tops and bottoms, a strong trending market might trigger the OB signal and stay with it for a long time. That's especially true on young markets and on bubble-mode markets.
█ OB SIGNAL OFF: EXITING OVERBOUGHT CONDITION
When Pulse DPO crosses Below the Top Threshold it Triggers OFF the OB signal. At this point the oscillator line shifts to its normal color.
When Pulse DPO exits the OB Zone, please beware because a Major Top might just have occurred. In this Area the Major Players usually become Aggressive Sellers. They might wind up any remaining Long Positions and Open new Short Positions.
This might be a good area to Open Shorts or to Close/Reverse any remaining Long Position. Whatever you choose to do, it's usually best to act quickly because the market is prone to enter into panic mode.
█ OS SIGNAL ON: ENTERING OVERSOLD CONDITION
When Pulse DPO crosses Below the Bottom Threshold it Triggers ON the OS signal. At this point the oscillator line shifts to OS color.
When Pulse DPO enters the OS Zone, please beware because in this Area the Major Players usually become Active Buyers accumulating Long Positions from the desperate Public.
While the OS signal is On, it might be wise to Consider becoming a Buyer or to implement a Dollar-Cost Averaging (DCA) Strategy to build a Long Position towards the next Cycle. In contrast to the tops, the OS state usually takes longer to resolve a major bottom.
█ OS SIGNAL OFF: EXITING OVERSOLD CONDITION
When Pulse DPO crosses Above the Bottom Threshold it Triggers OFF the OS signal. At this point the oscillator line shifts to its normal color.
When Pulse DPO exits the OS Zone, please beware because a Major Bottom might already be in place. In this Area the Major Players become Aggresive Buyers. They might wind up any remaining Short Positions and Open new Long Positions.
This might be a good area to Open Longs or to Close/Reverse any remaining Short Positions.
█ WHY WOULD YOU BE INTERESTED IN THIS INDICATOR?
This indicator is built over a solid foundation capable of signaling Major Cycle Tops and Bottoms across many markets. Let's see some examples:
Early Bitcoin Years: From 0 to 1242
This chart is in logarithmic mode in order to properly display various exponential cycles. Pulse DPO is properly signaling the major early highs from 9-Jun-2011 at 31.50, to the next one on 9-Apr-2013 at 240 and the epic top from 29-Nov-2013 at 1242.
Due to the massive price movements, the OB condition stays pinned during most of the exponential price action. But as you can see, the OB condition quickly vanishes once the Cycle Top has been reached. As the market matures, the OB condition becomes more exceptional and triggers much closer from the Cycle Top.
With regards to Cycle Bottoms, the early bottom of 2 after having peaked at 31.50 doesn’t get captured by the indicator. That is the only cycle bottom that escapes the Pulse DPO when the bottom threshold is set at a value of 5. In that event, the oscillator low reached 6.95.
Bitcoin Adoption Spreading: From 257 to 73k
This chart is in logarithmic mode in order to properly display various exponential cycles. Pulse DPO is properly signaling all the major highs from 17-Dec-2017 at 19k, to the next one on 14-Apr-2021 at 64k and the most recent top from 9-Nov-2021 at 68k.
During the massive run of 2017, the OB condition still stayed triggered for a few weeks on each swing top. But on the next cycles it started to signal only for a few days before each swing top actually happened. The OB condition during the last cycle top triggered only for 3 days. Therefore the signal grows in focus as the market matures.
At the time of publishing this indicator, Bitcoin printed a new All Time High (ATH) on 13-Mar-2024 at 73k. That run didn’t trigger the OB condition. Therefore, if the indicator is correct the Bitcoin market still has some way to grow during the next months.
With regards to Cycle Bottoms, the bottom of 3k after having peaked at19k got captured within the wide OS zone. The bottom of 15k after having peaked at 68k got captured too within the OS accumulation area.
Gold
Pulse DPO behaves surprisingly well on a long standing market such as Gold. Moving back to the 197x years it’s been signaling most Cycle Tops and Bottoms with precision. During the last cycle, it shows topping at 2k and bottoming at 1.6k.
The current price action is signaling OB condition in the range of 2.5k to 2.7k. Looking at past cycles, it tends to trigger on and off at multiple swing tops until reaching the final cycle top. Therefore this might indicate the first wave within a potential gold run.
Oil
On the Oil market, we can see that most of the cycle tops and bottoms since the 80s got signaled. The only exception being the low from 2020 which didn’t trigger.
EURUSD
On Forex markets the Pulse DPO also behaves as expected. Looking back at EURUSD we can see the marketing triggering OB and OS conditions during major cycle tops and bottoms from recent times until the 80s.
S&P 500
On the S&P 500 the Pulse DPO catched the lows from 2016 and 2020. Looking at present price action, the recent ATH didn’t trigger the OB condition. Therefore, the indicator is allowing room for another leg up during the next months.
Amazon
On the Amazon chart the Pulse DPO is mirroring pretty accurately the major swings. Scrolling back to the early 2000s, this chart resembles early exponential swings in the crypto space.
Tesla
Moving onto a younger tech stock, Pulse DPO captures pretty accurately the major tops and bottoms. The chart is shown in logarithmic scale to better display the magnitude of the moves.
█ SETTINGS
This indicator is ideal for identifying major market turning points while filtering out short-term noise. You are free to adjust the parameters to align with your preferred trading style.
Parameters : This section allows you to customize any of the Parameters that shape the Oscillator.
Oscillator Length: Defines the period for calculating the Oscillator.
Offset: Shifts the oscillator calculation by a certain number of periods, which is typically half the Oscillator Length.
Lookback Period: Specifies how many bars to look back to find tops and bottoms for normalization.
Smoothing Length: Determines the length of the moving average used to smooth the oscillator.
Thresholds : This section allows you to customize the Thresholds that trigger the OB and OS conditions.
Top: Defines the value of the Top Threshold.
Bottom: Defines the value of the Bottom Threshold.
Leonid's Bitcoin Full Cycle Simple SMA IndicatorThis is a straight-forward and customizable indicator to track Bitcoin cycles, specifically used for helping investors understand where to buy and sell. This is done by using a two year SMA period as the base calculation. With that calculation you create lower and upper bounds for bull market peaks and bear market bottoms.
The novel idea here is that you can customize the SMA "strength" for both the upper and lower bounds as alpha decays over time and price get's less volatile with adoption increasing. The multiples are customizable for both the upper and lower bounds along with a mid-line that will adjust based on the settings input.
Indicators don't always have to rely on crazy math or outlandish ideas to be useful, sometimes even the simplest of inputs can give investors (especially those that are new) a great base case for their strategy. Something being simple does not diminish the idea or strength behind the data.
How to use this indicator: This script must be used on INDEX:BTCUSD (Bitcoin All-Time History Index) with the y-axis being set to Logarithmic scale.
Details & how to interpret: The price is colored green when Bitcoin enters a "value zone" meaning it is heavily oversold and likely near a bottom for the bear market cycle. The price is colored red when Bitcoin enters an "overbought zone" meaning it is heavily overbought and is likely near a top for the bull market cycle.
Along with the upper and lower bound I have plotted a mid-line (in orange) to establish a neutral zone which helps depict what phase of the cycle we're in (under mid-line = bearish/accumulation phase, over mid-line = bullish/distribution phase).
The inputs for the upper and lower bound are customizable and will need to be adjusted over time as alpha decay will occur as time goes on. Currently the numbers are as follows:
0.2 for the lower bound
4.675 for the upper bound
Both inputs can be modified depending on your risk tolerance. Mathematically it is safe to assume these numbers will decrease as time goes on and volatility during cycle peaks & troughs is reduced.
I've also plotted an upper bound "heat zone" which is shaded in green, this area is great for signaling when you should be preparing to begin taking profits. It takes the upper bound and subtracts the lower bound to derive the band.
All the colors are customizable and this indicator is best used on a line chart but can be customized to use on a bar chart/candlestick as well.
Simple Moving Averages are a very basic indicator but are often extremely powerful because the majority of traders/investors are looking at such levels which creates a psychological/herd effect. Another good example is the law of round numbers.
Regardless this script can be adapted with EMAs or additional standard deviations if necessary. If you have any questions or concerns please don't hesitate to message me.
AHR999 Bitcoin Buy/Sell Signals Indicator - Accurate Trading OppThis Pine Script indicator combines the AHR999 metric with Bitcoin's historical price trends to provide clear buy and sell signals, assisting you in making informed trading decisions at crucial moments. It calculates the AHR999 index based on Bitcoin's 200-day Geometric Moving Average (GMA) and the estimated price, offering customizable buy and sell thresholds for precise entry and exit points. Ideal for traders looking to capture long-term investment trends, this indicator helps you effectively identify Bitcoin market opportunities.
BTC Coinbase PremiumThis script is designed to compare the price of Bitcoin on two major exchanges: Coinbase and Binance. It helps you see if there’s a difference in the price of Bitcoin between these two exchanges, which is known as a “premium” or “discount.”
Here’s how it works in simple terms:
Getting the Prices:
The script first fetches the current price of Bitcoin from Coinbase and Binance. It looks at the closing price, which is the price at the end of the selected time period on your chart.
Calculating the Difference:
It then calculates the difference between these two prices. If Bitcoin is more expensive on Coinbase than on Binance, this difference will be positive, indicating a “premium.” If it’s cheaper on Coinbase, the difference will be negative, indicating a “discount.”
Visualizing the Difference:
The script creates a visual chart that shows this price difference over time. It uses green bars to show when there’s a premium (Coinbase is more expensive) and red bars to show when there’s a discount (Coinbase is cheaper).
Optional Table Display:
If you choose to, the script can also show this price difference in a small table at the top right corner of your chart. The table displays the words “Coinbase Premium” and the exact dollar amount of the premium or discount.
Why does it matter?
Traders and investors have spotted a correlation between bullish strength on BTC and a strong Coinbase premium along with the inverse of a strong Coinbase discount and BTC price weakness.
PROWIN STUDY BITCOIN DOMINANCE CYCLE**Title: PROWIN STUDY BITCOIN DOMINANCE CYCLE**
**Overview:**
This TradingView script analyzes the relationship between Bitcoin dominance and Bitcoin price movements, as well as the performance of altcoins. It categorizes market conditions into different scenarios based on the movements of Bitcoin dominance and Bitcoin price, and plots the Exponential Moving Average (EMA) of the altcoins index.
**Key Components:**
1. **Bitcoin Dominance:**
- `dominanceBTC`: Fetches the Bitcoin dominance from the "CRYPTOCAP:BTC.D" symbol for the current timeframe.
2. **Bitcoin Price:**
- `priceBTC`: Uses the closing price of Bitcoin from the current chart (assumed to be BTC/USD).
3. **Altcoins Index:**
- `altcoinsIndex`: Fetches the total market cap of altcoins (excluding Bitcoin) from the "CRYPTOCAP:TOTAL2" symbol.
4. **EMA of Altcoins:**
- `emaAltcoins`: Calculates the 20-period Exponential Moving Average (EMA) of the altcoins index.
**Conditions:**
1. **Bitcoin Dominance and Price Up:**
- `dominanceBTC_up`: Bitcoin dominance crosses above its 20-period Simple Moving Average (SMA).
- `priceBTC_up`: Bitcoin price crosses above its 20-period SMA.
2. **Bitcoin Dominance Up and Price Down:**
- `priceBTC_down`: Bitcoin price crosses below its 20-period SMA.
3. **Bitcoin Dominance Up and Price Sideways:**
- `priceBTC_lateral`: Bitcoin price change is less than 5% of its 10-period average change.
4. **Altseason:**
- `altseason_condition`: Bitcoin dominance crosses below its 20-period SMA while Bitcoin price crosses above its 20-period SMA.
5. **Dump:**
- `dump_altcoins_condition`: Bitcoin dominance crosses below its 20-period SMA while Bitcoin price crosses below its 20-period SMA.
6. **Altcoins Up:**
- `altcoins_up_condition`: Bitcoin dominance crosses below its 20-period SMA while Bitcoin price moves sideways.
**Current Condition:**
- Determines the current market condition based on the above scenarios and stores it in the `currentCondition` variable.
**Plotting:**
- Plots the EMA of the altcoins index on the chart in green with a linewidth of 2.
- Displays the current market condition in a table at the top-right of the chart, with appropriate background and text colors.
**Background Color:**
- Sets a semi-transparent blue background color for the chart.
This script helps traders visualize and understand the market dynamics between Bitcoin dominance, Bitcoin price, and altcoin performance, providing insights into different market cycles and potential trading opportunities.
Qu_Trend+
composition
- Consists of a thick trend line and a thin yellow line.
- The largest (green/red) lines indicate rising and falling markets.
- This line represents the 13-candle moving average of Tilson T3.
- The reason for 13 candles is because it best matches the recent market price based on Bitcoin.
- This value cannot be changed, so if you need it, please modify the public code and use it.
- The yellow line is the MA20 line, the ‘Bollinger Band center line’
(UI will show whether this line has been breakout)
- The same algorithm as 20 of the basic moving average (close standard) is applied.
- The algorithm for breakthrough is calculated based on real-time prices, not based on closing prices.
An additional short-term SMA is created, and whether it crosses the SMA is classified as a breakout/resistance.
How to use it
- If the trend line becomes gentle, it may indicate a change in trend when + MA20 is broken.
- While the slope of the trend line is steep, it indicates that the trend is difficult to change.
(If the trend changes at this time, it is likely to move sideways)
- If the trend changes continuously, it is a sideways market.
At this time, watch out for the movement of the end point where the sideways trend ends.
BTC Price to Hashrate Delta Ratio with MAHistorically, Hashrate and Bitcoin prices have a strong correlation. When hashrate increases more than Bitcoin price, it indicates a rise in Bitcoin price soon.
This indicator uses the formula:
Price/hashrate delta ratio = period price delta / period hashrate delta
Whenever the ratio between the price and hashrate of Bitcoin is positive, it indicates that the price is increasing at a faster rate than the hashrate. This, in turn, means that Bitcoin is becoming more expensive compared to any variations occurring in the hashrate. Using the Price/Hashrate Delta ratio, we can determine whether Bitcoin is overvalued or undervalued in relation to the hashrate. This can be a helpful indicator for assessing the current market conditions.
Correlation Coefficient - DXY & XAUPublishing my first indicator on TradingView. Essentially a modification of the Correlation Coefficient indicator, that displays a 2 ticker symbols' correlation coefficient vs, the chart presently loaded.. You can modify the symbols, but the default uses DXY and XAU, which have been displaying strong negative correlation.
As with the built-in CC (Correlation Coefficient) indicator, readings are taken the same way:
Positive Correlation = anything above 0 | stronger as it moves up towards 1 | weaker as it moves back down towards 0
Negative Correlation = anything below 0 | stronger moving down towards -1 | weaker moving back up towards 0
This is primarily created to work with the Bitcoin weekly chart, for comparing DXY and Gold (XAU) price correlations (in advance, when possible). If you change the chart timeframe to something other than weekly, consider playing with the Length input, which is set to 35 by default where I think it best represents correlations with Bitcoin's weekly timeframe for DXY and Gold.
The intention is that you might be able to determine future direction of Bitcoin based on positive or negative correlations of Gold and/or the US Dollar Index. DXY has been making peaks and valleys prior to Bitcoin since after March 2020 black swan event, where it peaked just after instead. In the future, it may flip over again and Bitcoin may hit major highs or lows prior to DXY, again. So, keep an eye on the charts for all 3, as well as the indicator correlations.
Currently, we've moved back into negative correlation between Bitcoin and DXY, and positive correlation with Bitcoin and Gold:
Negative Correlation b/w Bitcoin and DXY - if DXY moves up, Bitcoin likely moves down, or if DXY moves down, Bitcoin likely moves up (or if Bitcoin were to move first before DXY, as it did on March 2020, instead)
Positive Correlation b/w Bitcoin and Gold - Bitcoin and Gold will likely move up or down with each other.
DXY is represented by the green histogram and label, Gold is represented by the yellow histogram and label. Again, you can modify the tickers you want to check against, and you can modify the colors for their histograms / labels.
The inspiration from came from noticing areas of same date or delayed negative correlation between Bitcoin and DXY, here is one of my most recent posts about that:
Please let me know if you have any questions, or would like to see updates to the indicator to make it easier to use or add more useful features to it.
I hope this becomes useful to you in some way. Thank you for your support!
Cheers,
dudebruhwhoa :)
Optimized Logarithmic Curve for Bitcoin (BTC/USD) by FICASHello everyone!
I'd like to share with you a handy tool that is incredibly useful for analyzing Bitcoin's price movements. This optimized logarithmic curve indicator is a refined version of the popular "My BTC log curve" indicator, originally created by @quantadelic.
We have made several improvements to enhance its predictive capabilities when it comes to identifying potential price bottoms for Bitcoin BTC/USD.
Description:
In this detailed analysis, we are excited to introduce you to an optimized version of the popular "My BTC log curve" indicator, originally created by @quantadelic. We have refined the indicator for enhanced predictive capabilities when it comes to identifying potential price bottoms for Bitcoin BTC/USD. By putting ourselves in the reader's shoes, we aim to provide a comprehensive and meaningful explanation of our analysis and predictions using this improved tool.
The logarithmic curve is a powerful tool for analyzing price movements in a non-linear fashion, allowing traders and investors to identify critical turning points and trends. With the optimized logarithmic curve, we can more accurately predict potential price bottoms, ultimately guiding better-informed trading and investment decisions.
Key Features of the Optimized Logarithmic Curve:
Improved predictive capabilities: The refined logarithmic curve has been optimized to provide more accurate predictions of potential price bottoms, enabling traders to make better-informed decisions.
Enhanced visualization: The optimized curve offers a clearer visual representation of Bitcoin's price movements, making it easier for traders to identify patterns and trends.
Adaptability: This indicator can be applied to various timeframes, providing insights for both short-term and long-term traders.
The optimized logarithmic curve indicator is based on a logarithmic regression of the USD price of Bitcoin, calculated according to the equation:
y = A * exp(beta * x^lambda + c) + m * x + b
where x is the number of days since the genesis block. All parameters are editable in the script options, allowing traders to customize the curve to their preferences.
Here are some of the key changes made to the original indicator to create the optimized logarithmic curve:
Midline Calculation: The optimized logarithmic curve utilizes an updated method for calculating the midline, which better represents the average price movement of Bitcoin over time. This improved midline calculation provides a more accurate representation of Bitcoin's historical price trajectory, making it easier to identify potential price bottoms.
Cross Line Calculation: We have modified the way cross lines are calculated in the optimized logarithmic curve. These new cross lines are derived from a combination of the updated midline calculation and historical support and resistance levels. This change allows traders to more accurately identify critical points in the market where price action is likely to reverse or continue its trend.
Table Display: a powerful visualization tool designed to provide a comprehensive overview of the relationships between various exponential curves and the Bitcoin price. This table display, integrated into the "FiCAS BTC log curve" indicator, enables traders and analysts to quickly compare and assess the impact of these curves on the market.
Our analysis using the optimized logarithmic curve suggests that Bitcoin might be at a critical price bottom, indicating that selling at this point may not be the most prudent course of action. Instead, traders and investors could consider taking advantage of the potential upswing as the market moves away from the identified price bottom.
Key highlights of this Optimized Logarithmic Curve for Bitcoin (BTC/USD) by FICAS:
Custom Pine Script: Pinescript code serves as the backbone of this strategy, providing a strong foundation for identifying potential opportunities based on the relationships between exponential curves and Bitcoin price.
MACD Indicator: The Moving Average Convergence Divergence (MACD) is integrated to help traders recognize trend reversals, bullish or bearish market conditions, and potential entry or exit points.
Momentum Indicator: By incorporating the Momentum (10, close) indicator, traders can identify the strength of price movements and potential trend continuations or reversals.
RSI and SMA: The Relative Strength Index (RSI) is used to assess overbought or oversold conditions, while the Simple Moving Average (SMA) with a period of 14 and an applied factor of 2 smoothens the data for better trend identification.
IMPORTANT:
While this indicator can be applied to traditional BTC/USD charts, we highly recommend using it on the following chart for optimal results in identifying price bottoms:
BITSTAMP:BTCUSD / CRYPTOCAP:BTC.D * 100
By employing the optimized logarithmic curve indicator on the recommended chart, traders can gain a more accurate perspective on potential price bottoms, leading to improved decision-making.
In conclusion, the optimized logarithmic curve indicator provides valuable insights into Bitcoin's price movements, allowing traders and investors to make more informed decisions. We encourage you to test this refined tool and share your thoughts in the comments section. Special thanks to @quantadelic, the first creator of this indicator, for inspiring us to develop this optimized version. If you have any questions or require further clarification, please feel free to ask. Wishing you success in your trading and investment endeavors!
Please ensure you understand and abide by the TradingView House Rules when using this indicator: www.tradingview.com
DXY Overlay CompareOverlays the DXY chart over the top of any other chart. When the dollar strength increases, asset prices can drop and vice versa. Was created personally to compare with the price of Bitcoin.
TSG's Binance Round NRs - only for BTCThis is good real-time / scalp indicator for those scalping Bitcoin.
It is based solely on Binance's BTCUSDT Perpetuals, but can be used on any BTCUSD pair as I am requesting info directly from Binance's chart.
IDEA
I have spotted that many times, round nrs (most likely caused by algo-trading) mark a top / bottom on a trend. Many times have catched extremes because of this technique and I have now coded it into an indicator on TradingView.
Feel free to test it out - It's not a 100% strategy - but if you spot round nrs around confluences - your odds go up big time.
SETUP
You are able to set the amount of candles you want to search for - default is 20.
Ofcourse we look only for extremes, therefore it will only look for extreme highs and lows within the amount of candles of your input.
HOW TO READ IT
The indicator will mark only the last High and Low matching the criteria - above and below the candle with the price number.
Good luck!
Spider Lines For Bitcoin (Daily And Weekly)I haven't seen any indicator do this, so I decided to publish this to form automatic Spider Charts without actually going through the effort of drawing them!
This script charts dotted lines (spider lines) all over, depicting support and resistance levels.
It works by connecting some candles from the 2018 bear market to the candle from 1st July 2019, followed by extending the lines to the right, making support and resistance levels for the future. The script works only for the daily and weekly charts for Bitcoin.
The levels are accurate to a good extent.
If the lines don't load, zoom out until the 2018 bear market top and it should load then.
Have fun with this indicator!
