Blockchain Fundamentals: Active Address Sentiment Oscillator AASO Back with another script today, this one is a useful tool in helping to determine bitcoins value. We are looking at 2 data sources: the daily active addresses on the BTC blockchain, and the daily returns of BTC. THIS INDICATOR WILL ONLY GIVE YOU THE CORRECT RESULTS ON THE DAILY TIMEFRAME...
NVT Signal, or NVTS, is an indicator that compares the market cap of Bitcoin to the aggregate USD value of daily transactions on the Bitcoin blockchain. It is a value indicator that shows a multiple of Bitcoin price against the actual usage of its blockchain. When the NVTS is low, it suggests Bitcoin price is low relative to the amount of utility the network...
I found a very high correlation in a research-based Artificial Neural Networks.(ANN) Trained only on daily bars with blockchain data and Bitcoin closing price. NOTE: It does not repaint strictly during the weekly time frame. (TF = 1W) Use only for Bitcoin . Blockchain data can be repainted in the daily time zone according to the description time. Alarms are...
🔗Blockchain Fundamentals - MCCD - Miner Capitulation & Convergence Divergence (a.k.a. Hash Ribbons) Intro Miner Capitulation has been talked about alot recently in the news and on twitter. I wanted to join the in fun and add my own spin on things. Description This shows the 30 (yellow) and 60 (orange) day moving average of the hash rate of bitcoin. I...
BTC Profitable Wallets Strategy - plots the percentage of profitable BTC wallets and places long orders when the profitable wallet share crosses above 50%, historically a very accurate point to catch the next Bull Run early. The only setting is a smoothing option using the Moving Average method and length of your choice. On Chain Data is queried from...
Network Value to Transactions Ratio (NVT) is defined as the ratio of market capitalization divided by transacted volume. NVT Ratio can be thought of as an indicator that measures whether the blockchain network is overvalued or not. If it is upper than red line, it means overvalued. NVT Golden Cross targets to generate short or long signals by comparing the...
This Bitcoin indicator shows the percentage that the exchange traded volume is from the sum of the exchange traded volume + on-chain transaction volume. The thin red line is the non-smoothed value calculated from daily volumes. The thick black line is the 7-day EMA-smoothed value. The exchange traded volume and the on-chain transaction volume are reported by...
🔗Blockchain Fundamentals - Satoshis Per Dollar by Cryptorhythms Intro SPD is a new metric I propose which can be used to determine general sentiment and help narrow down periods to DCA . Description In the most basic sense this indicator is simply showing you how many satoshies are equal to one US dollar . This can be a useful metric to keep stored in the...
Cryptoassets have been quite turbulent in the past few weeks. At times like this, it is especially important to look at the fundamental foundations of cryptoassets. This indicator is based on the Network Value to Transactions , or NVT . Definition: NVT = Network Value / Daily Transaction Volume Because this indicator is pulling the Daily Transaction...
Blockchain Fundamentals: Electricity Cost of BTC After a hiatus, now a return to publishing tools and scripts for the community. This is my first script in over and year, and I have a number more coming soon as well! (so Stay Tuned!) This is a simple calculator to estimate the cost of Bitcoin miners to mine one bitcoin. It works on all timeframes (doesnt...
Hello, this script has the same logic as Noldo CFTC COT Forex Indicator : And Noldo CFTC COT Commodities Indicator : * Script briefly calculates the period length between two signals of Pivot Reversal Strategy when new signal arrives and allows us to see relative Blockchain data and price changes of Major Cryptocurrencies over that automatic...
Bitcoin Block Height by RagingRocketBull 2020 Version 1.0 Differences between versions are listed below: ver 1.0: compare QUANDL Difficulty vs Blockchain Difficulty sources, get total error estimate ver 2.0: compare QUANDL Hash Rate vs Blockchain Hash Rate sources, get total error estimate ver 3.0: Total Blocks estimate using different...
Hello, This script is a simple Cryptocurrency Terminal. It serves the same purpose as Heatmaps. You can also set the period to look back manually in the menu. Major Cryptocurrencies are taken into account. And various Blockchain data are shown in the information panel. In this way, an idea can be obtained about Cryptocurrency Market. It is visually more...
The SOPR (Spent Output Profit Ratio) indicator provides insight into macro market sentiment, profitability, and losses taken over a specific time frame. It reflects the degree of realized profit for all coins moved on-chain. This indicator SOPR is for Ethereum only Personal settings: Control for the SOPR average for the long or short term (Minimum...
Ethereum On Chain Data Indicator - The Quant Science™ is a quantitative indicator created for mid-long term analysis. The indicator uses quantitative statistics to recreate a model that represents the most important data from the on-chain analysis for the Ethereum blockchain. The on-chain data used to create this model are: 1. Total weekly transactions 2....
A toolkit of all kinds of bitcoin market data, but mostly on-chain data. In the settings you can select which metrics to show. Metrics included: Index: the BXBT spot dollar index Mcap: bitcoin market cap data calculated by Tradingview Dominance: bitcoin dominance vs altcoins Volatility: the Bitmex BVOL volatility tracker Hashrate: the bitcoin...
Simple script that graphically represents the Bitcoin Cost Per Transaction. Blockchain data made available at QUANDL. Its logic is simple, search the data in the QUANDL database and plot it on the chart.
Simple script that graphically represents the Bitcoin Wallet Transaction Volume . Blockchain data made available at QUANDL . Its logic is simple, search the data in the QUANDL database and plot it on the chart.